Early Life
Germán Larrea Mota Velasco was born on October 26, 1953, in Mexico City, Mexico. He is the son of Jorge Larrea Ortega. He is married and has one daughter.
Rise to Success
Larrea's career began in 1978 when he founded Grupo Impresa, a printing and publishing company, where he served as Chairman and CEO until its sale in 1989. In 1981, he joined Grupo México, a company established by his father. Over the years, Larrea held various executive positions, culminating in his appointment as Chairman, President, and CEO in 1994. Under his leadership, Grupo México expanded its operations beyond mining, venturing into the transportation sector. In 1997, Larrea became Chairman and CEO of Grupo Ferroviario Mexicano, overseeing the largest railroad network in Mexico. He has also served as Chairman of the Board of Southern Copper Corporation since December 1999.
Key Business Strategies
Larrea transformed Grupo México into a global leader in copper and gold mining. He expanded the company's reach internationally and diversified its activities to include infrastructure and transportation projects. He has also focused on strategic acquisitions and long-term planning to ensure sustained growth.
Philanthropy
Larrea is involved in philanthropic and ecological initiatives in local communities. In 2014, his company faced scrutiny after a spill at its copper mine in Sonora, Mexico, and agreed to deposit $150 million in a trust to compensate local residents harmed by the spill.