Salvador Vargas Guajardo – GC Powerlist
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Mexico 2018

Food, beverages and tobacco

Salvador Vargas Guajardo

Corporate legal director | Gruma

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Mexico 2018

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Salvador Vargas Guajardo

Corporate legal director | Gruma

About

Founded in 1949, Gruma has developed into a food company with a leading position in the global market as a producer of corn flour and tortillas as well as other products. Demonstrating the size of this successful domestic business, it has operations in the Americas, Europe, Asia and Oceania with 79 plants and a significant presence in 112 countries through its portfolio brands. Salvador Vargas Guajardo joined the company in 1996 and today occupies the most senior legal position within the organisation as corporate legal director. A vastly experienced in-house lawyer, Vargas assisted Gruma on its recent significant developments such as obtaining approvals from the US’s Food and Drug Administration for the addition of folic acid to corn flour with the objective of reducing spina bifida diseases in newborn children. He was also instrumental in the purchase of Azteca Foods Europe for €45m by Gruma’s Spanish subsidiary Gruma International Foods. Prior to Gruma, Vargas held a number of legal positions at Grupo Alfa, Protexa and Proeza. He also had spell in private practice as a senior partner at law firm Garza & Associates.

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