Monterrey-based glassmaker Vitro, S.A.B. (NYSE: VTO) has named Hugo Lara as its new CEO (Director General) following the surprise resignation of Federico Sada Gonzalez on November 6, 2008, according to a Sentido Comun report.  Sada, who led Vitro for 14 years and who is the grandson of Vitro’s founder and son of Adrian Sada Trevino, who led the company from 1972-1991, remains a member of its board of directors.

Lara worked at Vitro for five years before being named CEO; before joining Vitro, he was CEO of Parmalat’s Mexico operations.