NUTEC Group has announced that effective February 1, 2023, Genaro F. Cueva will step down from the position of CEO, remaining in his position as Chairman of the Board. He will be replaced as CEO by Daniel Llaguno, currently President, NUTEC Fibers Division. Transition had been announced internally back in September 2022.
Genaro began his career at NUTEC in 1986, a company established in 1975 by his father Genaro Cueva Barrera. Over time, NUTEC Group became a leading international supplier of high-temperature insulation fibers, fire protection products, as well as engineered furnaces and thermal equipment. On January 1993, Genaro became CEO of NUTEC Group.
“It’s been a privilege and honor to act as NUTEC’s CEO over the past 30 years. It’s been very rewarding to work alongside talented and dedicated individuals who are committed to our customers, to our values and to our success. I will continue serving NUTEC as Chairman of the Board, and I look forward to NUTEC’s continued success under Daniel’s leadership as our next CEO.” said Genaro Cueva.
In addition to chairing the Board of Directors, Genaro Cueva will continue to oversee strategic relations, acquisitions, and corporate governance.
Daniel Llaguno holds a B.S. in Chemical Engineering and Management (ITESM), with further studies at IPADE, EGADE and Harvard (HBS). He is currently the President of Fibers Division, a role he assumed in April 2021. Prior to that, from 2009, he served as the President of NUTEC Bickley. Earlier, he had held various sales and management positions of increasing responsibilities, since first joining in 1997.