Climbing the Corporate Ladder

McCormack Baron Salazar, Puerto Rico Institute of Statistics name new execs

A couple of high-ranking executives were announced in recent weeks, to head public and private-sector organizations.

Antonio Garate

McCormack Baron Salazar names VP
McCormack Baron Salazar announced that Antonio Garate has been named vice president and director of development for Puerto Rico. With 25 years of experience in commercial, residential, institutional, and industrial design and construction management, Garate will lead development efforts for MBS in Puerto Rico.

“We look forward to Antonio growing and furthering our efforts to build more mixed income housing in Puerto Rico following best practices for resiliency and green design,” MBS President Vincent R. Bennett said.

“His approach and experience with public-private partnerships, high-quality design and sustainable development reflect MBS’ values and vision. We look forward to being a part of the future of Puerto Rico,” said Bennett.

Most recently, Garate was a partner and senior project architect for Alvarez-Diaz & Villalon, an architecture and design firm based in San Juan and southeast Florida. He has worked closely with MBS in the design and contract administration of the Renaissance Square in Hato Rey and Bayshore Villas in Puerta de Tierra, both completed with 314 multifamily units and the revitalization of the Barrio Turabo community in Caguas.

In Caguas, the construction work on the $133 million investment has resumed after the pandemic lockdown, following all safety measures. Located on vacant land that was previously a public housing site, the new community includes housing options that are affordable to families and seniors with a broad array of incomes. When completed, the 20-acre site in south Caguas will have 238 apartments for families in townhomes and walk-up apartments and a 200-unit apartment building for seniors.

Garate holds a Master of Science in Building Performance and Diagnostics and a Bachelor of Architecture from Carnegie Mellon University in Pittsburgh, Pennsylvania. He is a Registered Architect licensed in Puerto Rico and Florida.

Garate is certified by the National Council of Architectural Registration Boards (NCARB), and he holds LEED AP certification with a specialty in Building Design and Construction from the U.S. Green Building Council (USGBC). He also is a member of the American Institute of Architects (AIA), the College of Architects and Landscape Architects, and the USGBC.

Puerto Rico Institute of Statistics names board chair
The Puerto Rico Institute of Statistics recently appointed a new board chairman, Economist and former Professor Nicolás Muñoz, following Arnaldo Cruz, who held the position for three years, resigned on April 3.

Nicolás Muñoz

Muñoz, who served as vice chairman of the Statistics Institute’s Board, has a master’s degree in economics from the University of Puerto Rico and is president of Tactical Planners Inc., a firm dedicated to economic consulting and strategic planning.

Muñoz has held other ad-honorem positions in the government of Puerto Rico, including being a member of the Governor’s Council of Economists, chairman of the Workforce Investment Act Board, member of the Governor’s Committee for the Review of Puerto Rico’s Minimum Wage, and member of the Labor Department’s Employment Opportunity Promotion Board.

Statistics Institute Board members are not paid for their services.

Author Details
Business reporter with 25 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other areas of the economy.

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