BIOGRAPHY
Eugenio Garza y Garza joined Javer as chief financial officer in February of 2008, and at the end of 2012 was named chief executive officerwith overall responsibility for formulating and implementing company strategy for a new period of growth.
Prior to joining Javer, Mr. Garza built a successful career in investment banking in Mexico and New York, first as a vice-president with Goldman Sachs (1997-2005), and then at Merrill Lynch (2005-2008) where he served as managing director and head of Investment Banking for Mexico.
Earlier, he was an associate at Booz Allen Hamilton in Monterrey, providing consulting in business strategies and operations.
Mr. Garza holds a degree in chemical engineering with honors from Monterrey Tec and an MBA with honors from Stanford University’s Graduate School of Business. Mr. Garza is a CFA® charterholderand serves on several boards outside of Javer including : The Investment Committee of Afore Invercap, the Monterrey chapter of the Stanford Alumni Association, the Monterrey chapter of IMEF (Instituto Mexicano de Ejecutivos de Finanzas) and the CANADEVI (Camara Nacional de Desarrolladores de Vivienda).
JAVER
Servicios Corporativos Javer, SAPI de CV is currently the largest housing development company in Mexico. Headquartered in Monterrey, Javer is a market leader in the states of Nuevo Leon, Tamaulipas, Jalisco, Aguascalientes, Querétaro, and Estado de Mexico.
Founded 1973 by Mr. Salomon Marcushamer , Javer specializes in building housing for three distinct market segments:low-income, middle income, and mid-upper income. In many casesthis involves financing from the government via Infonavit, a federal institute that promotes popular housing and is frequently described as Latin America’s biggest mortgage lender. In 2013 Javer claimed a market-leading 20% share in homes financed via Infonavit in Nuevo León state, and placed second nationwide.
In 2009 a consortium led by the Southern Cross Group, a private equity group that focuses on Latin America, and Evercore, a Mexican private equity firm, acquired 60% of Javer with the remaining 40% held by the founding entrepreneur.