Angélica Fuentes

Angélica Fuentes Téllez (El Paso, Texas – February 2, 1963) is a Mexican business executive and was the majority shareholder of Grupo Omnilife-Angelissima-Chivas, a multinational corporation based in Mexico composed of nutrition supplements company Omnilife, beauty and cosmetics brand Angelíssima, and the Mexican soccer team, C.D. Guadalajara, more commonly known as ''Chivas''. She founded Angelíssima in 2010, followed by the ''Angélica Fuentes Foundation'' in 2014, dedicated to promoting women's empowerment and achievement of gender equality in Latin America.

Biography

Fuentes is the daughter of Elma Téllez and Valentín Fuentes Varela, a successful businessman in the energy sector. Angélica is the second of six siblings.

She acknowledges her father as being one of her earliest inspirations for her interest in a business career. She began her professional career working in the family business when she was 11, after convincing her father to let her work at one of his company's gas stations. While working at the gas station, she experienced discrimination for being a woman in a male-dominated industry, motivating her to work harder and generate awareness of women's rights and causes.

Angélica attended the University of Texas at El Paso, graduating with a bachelor's degree in finance.

Fuentes served as chairman of the board of Grupo Imperial Corporativo, an important player in the domestic and international energy market, where she worked for 29 years and is still a member of the board.

While General Director of Grupo Imperial Corporativo, she also served as President of the Mexican Natural Gas Association from 1996 to 2000 and as a member of the Natural Gas Council and the American Gas Association. She is currently a board member of the Monterrey Institute of Technology and Advanced Studies at Juarez, as well as that of the Mexican-United States Chamber of Commerce, the Chihuahuan Business Foundation and BBVA Bancomer.

In August 2012, she and her husband Jorge Vergara became the sole owners of the soccer team Chivas USA.

In April 2015, Jorge Vergara illegally removed Angélica Fuentes from her position as CEO of their company and started a legal process and smear campaign against her. In October 2017, both parties signed a settlement agreement in which Jorge Vergara paid Angélica Fuentes for the shares of Omnilife/Angelissima/Chivas and accepted that her administration was transparent and honest, by signing the Assembly Acts that proved that there had been no case of corruption or mismanagement of the companies.

Distinctions

* 2014: 5th in ''Forbes'' Mexico's list of Most Powerful Women

Personal life

She was married to the businessman Jorge Vergara from 2008 to 2015. They have two children.

References

External links

Grupo Omilife

ABC* - Americas Business Council



ABC* - Green Forum




*

(Video) 2010 Courage Forum

{{DEFAULTSORT:Fuentes, Angelica
1963 births
Living people
Mexican billionaires
Mexican company founders
21st-century Mexican businesswomen
21st-century Mexican businesspeople
Businesspeople from Mexico City
20th-century Mexican businesswomen
20th-century Mexican businesspeople