Ernesto Martens
| Ernesto Martens | |
|---|---|
| Born | January 28, 1933 |
| Occupation | Chemical engineer |
| Known for | Secretary of Energy |
Ernesto Martens Rebolledo (Tilapan, Veracruz, January 28, 1933) is a Mexican chemical engineer, who has occupied several high-profile business positions and was Secretary of Energy during Vicente Fox's government.
He was born in a small town close to the Los Tuxtlas Biosphere Reserve in Veracruz. He received his bachelors in chemical engineering from Tec de Monterrey, Campus Monterrey in 1956, where he met the founder of the school Eugenio Garza Sada. He did postgraduate studies in the Technological Institute of Karlsruhe in Germany and in Harvard Business School .
His first position was with Union Carbide Headquarters where he remained for eighteen years, becoming its CEO.
In 1977, he began with a Monterrey glass company called Vitro, becoming its first non-family CEO in 1985. During his tenure, he expanded the company’s business from glass bottles into plastic containers, suitcases and washing machines with joint ventures with Ford, Corning, Samsonite and Whirlpool. He led Vitro into the U.S. glass market in the early 1980s, when Mexican demand for its products slowed down and led the only hostile takeover of a U.S. company by a Mexican company when Vitro took over Anchor Glass Container Corporation in 1989. However, he made some controversial decisions including a 1992 decision to lay off 3,000 workers, where before the company used to claim that it gave workers “a way of life.”
In 1994, he became president of the board of Cintra (Corporación Internacional de Transporte Aereo), the entity which ran Mexico’s two state airlines, Aeromexico and Mexicana. He restructured the finances and operations of the two airlines and was credited with saving them.
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