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Facundo Castro
Chief Financial Officer, Latin America
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Facundo Castro was named Global Crossing's Chief Financial Officer for Latin America after Global Crossing's acquisition of Impsat Fiber Networks in May 2007. Mr. Castro's responsibilities include regional business planning and forecasting, regional management information, regional accounting and financial reporting, as well as regional treasury activities. In addition, he manages gross margin performance analysis and optimization planning along with customer-level and product-level profitability analysis and prioritization of success-based capital expenditures.
In this position, Mr. Castro also played a key role in the integration of Impsat's and Global Crossing's main financial processes, as well as in the merger of local operations, generating important efficiencies and synergies. From May 2007 to June 2009, Mr. Castro also led the Human Resources department in Latin America.
Prior to becoming CFO for Latin America, Facundo Castro was vice president of Planning and Control at Impsat, where he developed state-of-the-art management information and reporting processes and tools that enabled tracking business performance and profitability by product line and region. Previously, Mr. Castro acted as vice president of Corporate Finance at Impsat. In this position, he played a leading role in many capital market transactions, including several high yield offerings as well as the company's IPO in February 2000.
Prior to joining the company in 1998, Mr. Castro held a variety of management positions in Palmar, a leading brick manufacturer in Argentina.
Mr. Castro holds a CPA degree from the National University of Cordoba, Argentina and an MBA from Columbia Business School where he graduated with honors. He is fluent in English and Spanish.
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