Jose Ornelas - Fomento Econmico President
| FEMSAUBD | MXN 179.51 1.09 0.61% |
President
Mr. Jose Gonzalez Ornelas serves Vice President of Administration and Corporationrationrate Contro of Fomento Economico Mexicano SAB de CV. He has also served as NonMember Technical Secretary of the Company Audit Committee. He assumed his current position in 2002. He first joined FEMSA in 1973, where he held different positions in the organization, such as Finance Information VicePresident. He is Member of the Board of Directors of Productora de Papel SA. In 1987, he was Chief Financial Officer of FEMSA Cerveza and in 1994, he was named Vice President of Planning and Corporationrationrate Development of FEMSA, and CEO of FEMSA Logistica. He is a Board Member of several international companies. He participates as Auditing Committee Secretary of FEMSAs and CocaCola FEMSAs boards and sits on the controller board at Tecnologico de Monterrey. He is also part of the Instituto de Contadores Publicos de Nuevo Leon Directive Committee and he is President of the Club de Futbol Monterrey board. He holds a Bachelors degree in Accounting from Universidad Autonoma de Nuevo Leon and undertook postgraduate studies in Business Administration from different universities in Mexico and abroad. since 2015.
| Age | 68 |
| Tenure | 9 years |
| Phone | 52 818 328 6000 |
| Web | https://www.femsa.com |
Fomento Econmico Management Efficiency
The company has return on total asset (ROA) of 0.0461 % which means that it generated a profit of $0.0461 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1126 %, meaning that it generated $0.1126 on every $100 dollars invested by stockholders. Fomento Econmico's management efficiency ratios could be used to measure how well Fomento Econmico manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0461 |
Fomento Econmico Mexicano Leadership Team
Elected by the shareholders, the Fomento Econmico's board of directors comprises two types of representatives: Fomento Econmico inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fomento. The board's role is to monitor Fomento Econmico's management team and ensure that shareholders' interests are well served. Fomento Econmico's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fomento Econmico's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jose Rojas, Director | ||
| Daniel Cofre, Chief Executive Officer of FEMSA Comercio | ||
| Jose Ornelas, Vice President of Administration and Corporate Control | ||
| Daniel Cofr, Chief Officer | ||
| Michael Larson, Independent Director | ||
| Alfonso Migoya, Independent Director | ||
| Raymundo Vela, Director HR | ||
| Barbara Gonda, Director | ||
| Roberto Cifrian, Vice President - Corporate Affairs | ||
| Carlos Cadena, Chief Division | ||
| Carlos Ancira, General Counsel and Secretary of the Board of Directors | ||
| Mariana Gonda, Director | ||
| Robert Denham, Independent Director | ||
| Francisco Carbajal, Director | ||
| Eugenio Garza, Director Officer | ||
| Alberto Gonzalez, Director | ||
| Alfonso Noriega, Independent Director | ||
| Bertha Gonzalez, Director | ||
| Jose GarzaLaguera, Chief Division | ||
| Javier Sanjines, Director, Vice President Corporate Development | ||
| Francisco Beltrn, Chief Officer | ||
| Juan Fonseca, Invertors Relations Contact | ||
| Gerardo Attolini, Director of Corporate Finance | ||
| Victor Celorio, Independent Director | ||
| Alfonso Garza, Chief Executive Officer of Strategic Businesses of FEMSA, Director | ||
| Miguel Silva, Chief Financial and Strategic Development Officer | ||
| John Otazua, Chief Executive Officer of Coca Cola FEMSA SA | ||
| Ricardo Touche, Independent Director | ||
| Jose Carbajal, Executive Chairman of the Board | ||
| Paulina Marroquin, Director | ||
| Ricardo Escajadillo, Independent Director |
Fomento Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fomento Econmico a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0461 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 583.35 B | |||
| Shares Outstanding | 17.89 B | |||
| Shares Owned By Institutions | 18.00 % | |||
| Price To Earning | 22.90 X | |||
| Price To Book | 4.54 X | |||
| Price To Sales | 4.79 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fomento Stock
Fomento Econmico financial ratios help investors to determine whether Fomento Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fomento with respect to the benefits of owning Fomento Econmico security.