Enrique Mejicano - Controladora Vuela President, Chief Executive Officer, Director

VOLARA Stock  MXN 16.40  0.01  0.06%   

CEO

Mr. Enrique Javier Beltranena Mejicano has served as President and Chief Executive Officer of Volaris Aviation Holding Company since March 2006 and Director of the Company since September 9, 2016. He is Member of the Compensation and Nominations Committee. Previously he worked as Grupo TACAs chief operating officer, human resources and institutional relations vice president, cargo vice president and commercial director for Mexico and Central America. He also held the position of general director of Aviateca in Guatemala. Mr. Beltranena started his career in the aerospace industry in 1988. During the 1990s, he was responsible for the commercial merger of Aviateca, Sahsa, Nica, Lacsa and TACA Peru, which consolidated them into a single management entity called Grupo TACA. While at Grupo TACA, Mr. Beltranena also led the development of single operating codeshare and the negotiation of open skies bilateral agreements among each of the Central American countries and the United States. In 2001, Mr. Beltranena led Grupo TACAs complete restructuring as its chief operating officer since 2016.
Age 60
Tenure 8 years
Phone52 55 5261 6400
Webhttps://www.volaris.com
Beltranena was named to the Entrepreneur of The Year Hall of Fame in Monaco after being nominated by Ernst & Young—Innovation in 2012. He was also named Entrepreneur of The Year in Mexico after being nominated by Ernst & Young—Mexico in 2011. He also received the National Order of Merit from the President of France. Currently Mr. Beltranena serves as Chairman of the Superior Council of the Universidad Panamericana in Mexico and of the IPADE Business School.

Controladora Vuela Management Efficiency

The company has return on total asset (ROA) of 0.0225 % which means that it generated a profit of $0.0225 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2897) %, meaning that it generated substantial loss on money invested by shareholders. Controladora Vuela's management efficiency ratios could be used to measure how well Controladora Vuela manages its routine affairs as well as how well it operates its assets and liabilities.
Controladora Vuela Compaa has accumulated 2.22 B in total debt. Controladora Vuela Compaa has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Controladora Vuela until it has trouble settling it off, either with new capital or with free cash flow. So, Controladora Vuela'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 Controladora Vuela Compaa sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Controladora to invest in growth at high rates of return. When we think about Controladora Vuela's use of debt, we should always consider it together with cash and equity.

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Controladora Vuela Compaa de Aviacin, S.A.B. de C.V., through its subsidiaries, Concesionaria Vuela Compaa de Aviacin, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. Controladora Vuela Compaa de Aviacin, S.A.B. de C.V. was incorporated in 2005 and is headquartered in Mexico City, Mexico. CONTROLADORA VUELA operates under Airlines classification in Mexico and is traded on Mexico Stock Exchange. It employs 4846 people. Controladora Vuela Compaa (VOLARA) is traded on Mexican Exchange in Mexico and employs 7,187 people.

Management Performance

Controladora Vuela Compaa Leadership Team

Elected by the shareholders, the Controladora Vuela's board of directors comprises two types of representatives: Controladora Vuela inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Controladora. The board's role is to monitor Controladora Vuela's management team and ensure that shareholders' interests are well served. Controladora Vuela'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, Controladora Vuela's outside directors are responsible for providing unbiased perspectives on the board's policies.
Harry Krensky, Director
Jose Gutierrez, VP Officer
William Donovan, Independent Director
Guadalupe Margain, Independent Director
Carolyn Prowse, Vice President Chief Commercial Officer
Joaquin Deneke, Independent Director
Ricardo Yanez, Independent Director
John Slowik, Independent Director
Jaime Fernandez, Senior Vice President, Chief Legal Officer and Corporate Affairs
Brian Franke, Chairman of the Board
Alfonso Migoya, Independent Chairman of the Board
Enrique Mejicano, President, Chief Executive Officer, Director
Stanley Pace, Independent Director
Renato Salomone, Sr Director
Holger Blankenstein, Executive Vice President Airline Commercial and Operations
Carlos Gonzalez, Corporate Control and Compliance Director
Daniel Gelemovich, Director Digital
Marco Kriete, Interim Director
Jose Duran, Chief Operating Officer, Senior Vice President
William Franke, Director
Sonia Burdeus, Chief Financial Officer, Vice President
Alejandro Molina, Internal Audit Director
Jose Fernandez, Independent Director

Controladora 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 Controladora Vuela 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 Controladora Stock

Controladora Vuela financial ratios help investors to determine whether Controladora 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 Controladora with respect to the benefits of owning Controladora Vuela security.