German Velasco - Grupo Mxico Chairman

GMEXICOB  MXN 101.59  0.69  0.67%   

Chairman

Mr. German Larrea Mota Velasco serves as Chairman of the Board, President, Chief Executive Officer of Grupo Mexico, S.A.B. de C.V. He was Executive President of the Company for over 20 years. He was working as the Company Board Member for 31 years. He served as Executive Vice President of the Company and MM and Member of their Board of Directors since 1981. In addition, he is Chairman of the Company Executive Committee. Currently, he acts as Chairman of the Board of Directors and Executive President of Empresarios Industriales de Mexico SA de CV, Compania Perforadora Mexico, Mexico Compania Constructora and Fondo Inmobiliario, as well as Member of the Board of Directors of Grupo Financiero Banamex SA de CV, Banco Nacional de Mexico SA, Consejo Mexicano de Hombres de Negocios and Grupo Televisa SAB de CV. In 1978 he founded Grupo Impresa and served as Chairman of the Board of Directors and Chief Executive Officer of this company till 1989.
Age 66
Phone52 5 836 8200
Webhttps://www.gmexico.com

German Velasco Latest Insider Activity

Tracking and analyzing the buying and selling activities of German Velasco against Grupo Mxico stock is an integral part of due diligence when investing in Grupo Mxico. German Velasco insider activity provides valuable insight into whether Grupo Mxico is net buyers or sellers over its current business cycle. Note, Grupo Mxico insiders must abide by specific rules, including filing SEC forms every time they buy or sell Grupo Mxico'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Grupo Mxico Management Efficiency

The company has return on total asset (ROA) of 0.1159 % which means that it generated a profit of $0.1159 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2017 %, meaning that it generated $0.2017 on every $100 dollars invested by stockholders. Grupo Mxico's management efficiency ratios could be used to measure how well Grupo Mxico manages its routine affairs as well as how well it operates its assets and liabilities.
Grupo Mxico SAB has accumulated 8.26 B in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. Grupo Mxico SAB has a current ratio of 3.95, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Grupo Mxico until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo Mxico's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grupo Mxico SAB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grupo to invest in growth at high rates of return. When we think about Grupo Mxico's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 5 records

CHAIRMAN Age

Carlos GonzalezGruma SAB de
47
Armando SadaAlfa SAB de
61
Juan MorenoGruma SAB de
65
Rogelio LozanoCEMEX SAB de
66
Jose CarbajalFomento Econmico Mexicano
69
Grupo Mxico, S.A.B. de C.V. engages in copper production, rail transportation, and infrastructure businesses worldwide. Grupo Mxico, S.A.B. de C.V. was founded in 1942 and is based in Mexico City, Mexico. GRUPO MEXICO operates under Other Industrial Metals Mining classification in Mexico and is traded on Mexico Stock Exchange. It employs 28970 people. Grupo Mxico SAB (GMEXICOB) is traded on Mexican Exchange in Mexico and employs 30,086 people.

Management Performance

Grupo Mxico SAB Leadership Team

Elected by the shareholders, the Grupo Mxico's board of directors comprises two types of representatives: Grupo Mxico inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grupo. The board's role is to monitor Grupo Mxico's management team and ensure that shareholders' interests are well served. Grupo Mxico'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, Grupo Mxico's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xavier Topete, President and CEO of Minera Mexico and Executive President of Mexico Proyectos y Desarrollos, Director
Rogelio Cerda, Chief Executive Officer of Perforadora Mexico, S.A. de C.V.
Fernando Sahagun, Independent Director
Prudencio Martinez, Independent Director
German Velasco, Chairman of the Board, President, Chief Executive Officer
Carlos Velasco, Independent Director
Claudio Laporte, Independent Director
Francisco Gonzalez, Managing Division
Alfredo Perez, Executive President of Ferrosur SA de CV, Ferrocarril Mexicano SA de CV, GFM and ITM, Director
Antonio Bracho, Independent Director
Daniel Quintanilla, Executive Vice President of Mining Division , Secretary
Rolando Saenz, Independent Director
Jorge Abreu, Commercial Director
Rodrigo Navarro, Director of Corporate Finance of Americas Mining Corporation
Miguel Neaves, Director of Administration and Control
Luis Morales, Director
Mario Galas, Chief division
Mauricio Campos, General Counsel
Rafael Garcia, Corporate Director of Safety
Marlene Torre, Director of Investor Relations
Lillie Minor, G Sec
Guillermo Mendieta, Audit Director
Carlos Sierra, Independent Director
Emilio Gamboa, Independent Director
Lourdes Bezaury, Director Relations
Oscar Rocha, President and CEO of Southern Copper Corporation, Executive Pres Of Asarco, Director
Antonio Ruiz, Independent Director
German MotaVelasco, Chairman Pres

Grupo 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 Grupo Mxico 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.

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Other Information on Investing in Grupo Stock

Grupo Mxico financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Mxico security.