Ernesto Martens Rebolledo (28 January 1933 – 13 January 2024) was a Mexican chemical engineer, who occupied several high-profile business positions and was Secretary of Energy during Vicente Fox's government.
Ernesto Martens | |
|---|---|
| Born | 28 January 1933 |
| Died | (aged 90) Monterrey, Nuevo León, Mexico |
| Occupation | Chemical engineer |
| Known for | Secretary of Energy |
Life and career
editErnesto Martens was born in a small town close to the Los Tuxtlas Biosphere Reserve in Veracruz. He received his bachelor's degree in chemical engineering from Tec de Monterrey, Campus Monterrey, in 1956, where he met the founder of the school Eugenio Garza Sada.[1] He did postgraduate studies in the Karlsruhe Institute of Technology in Germany and at Harvard Business School in the United States.[1][2]
His first position was with Union Carbide Headquarters where he remained for eighteen years, becoming its CEO.[1][3]
In 1977, he began with a Monterrey glass company called Vitro, becoming its first non-family CEO in 1985.[3] 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 and led to 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".[3]
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.[4] He restructured the finances and operations of the two airlines[5] and was credited with saving them.[4]
In 2000, Martens was named Secretary of Energy by President Vicente Fox, a position which he held until 2003.[6][7] His nomination by Fox was something of a surprise and Martens had not considered a career in government before.[8] His appointment as energy chief was thought to be last-minute and that Fox might keep his predecessor, Luis Téllez, in the position.[2] When he became energy secretary, PEMEX faced problems with the inability to refine oil and gas taken from Mexico's deposits, selling mostly crude.[4]
Martens was a member of the faculty of the Tec de Monterrey[1] and the Thunderbird School of Global Management.[9] He died in January 2024, at the age of 90.[10]
References
edit- ^ a b c d "Ernesto Martens: quiere una universidad que siga afianzando los valores" [Ernesto Martens: wants a university that continues to strengthen values.] (in Spanish). Mexico: Tec de Monterrey. 29 April 2013. Archived from the original on 29 June 2013. Retrieved 28 June 2013.
- ^ a b "Martens named Mexican energy minister". Oil & Gas Journal. 11 November 2000. Retrieved 28 June 2013.
- ^ a b c Nancy A. Nichols (1993). "From Complacency to Competitiveness: An Interview with Vitro's Ernesto Martens". Harvard Business Review. Boston. Retrieved 28 June 2013.
- ^ a b c Mayela Cordoba (14 January 2001). "Ernesto Martens Rebolledo: El gerente al rescate" [Ernesto Martens Rebolledo: Manager to the rescue]. Mexico City: Reforma. p. 16.
- ^ Miriam Pineda (1 September 1999). "Sale de Cintra Ernesto Martens" [Ernesto Martens leaves Cintra]. Monterrey, Mexico: El Norte. p. 18.
- ^ "Mexico's New Cabinet Hailed as Business-Savvy". Los Angeles Times. 23 November 2000. Retrieved 5 March 2011.
- ^ Taylor & Francis Group (September 2004). Europa World Year Book 2. Taylor & Francis. p. 2874. ISBN 978-1-85743-255-8. Retrieved 5 March 2011.
- ^ Armando Flores (24 November 2000). "Entrevista/ Ernesto Martens/ Muchos anos salvando empresas" [Interview/Ernesto Martens/Many years saving enterprises]. Mexico City: El Norte. p. 7.
- ^ "Mr. Ernesto Martens". 11 November 2000. Retrieved 28 June 2013.
- ^ "Muere Ernesto Martens, empresario y ex secretario de Energía". La Jornada. 14 January 2024. Retrieved 15 January 2024.
See also
editList of Monterrey Institute of Technology and Higher Education faculty