Mexico's Pemex Appoints New CEO

It's a classic formula: When a company is underperforming, the CEO gets the boot and a younger, fresher face is brought in to shake things up. That's what happened Sept. 7 at Pemex, Mexico's state-owned oil company, when top executive Jesús Reyes Heroles was shown the door and was replaced with Juan José Suárez Coppel.

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