Luis Fernandez - Grupo Elektra Director

ELEKTRA Stock  MXN 1,100  10.82  0.97%   

Director

Mr. Luis Jorge Echarte Fernandez serves as Director of Grupo Elektra, S.A.B de C.V. since March 28, 2003. He also acts as Chairman of the Board of Azteca America, as well as Chairman and Chief Executive Officer of Fundacion Azteca America. He is also General Director of Strategic Finance and International Relations of Grupo Salinas. In the past, he served as General Director of Finance of TV Azteca and GRupo Elektra. Before joining Grupo Salinas, he was Chairman and Chief Executive Officer of Bacardi Imports Inc. Moreover, he has served as Member of the Board of Directors of TV Azteca, Grupo Lucasell, Casa de Bolsa Actinver. He is active Member of Congressional Hispanis Caucus Institute in the United States and of the World Presidents Organization and Chief Executive Organization. He holds a Bachelors degree in Business Administration from the University of Memphis and a degree from the University of Florida. He has also completed the Executive Management Program at Stanford University. since 2003.
Age 72
Tenure 21 years
Phone52 55 1720 7000
Webhttps://www.grupoelektra.com.mx
Echarte Fernandez holds a Bachelors degree in Business Administration from the Memphis State University and a degree from the University of Florida. He has also completed the Executive Management Program at Stanford University.

Grupo Elektra Management Efficiency

The company has return on total asset (ROA) of (0.016) % which means that it has lost $0.016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0685) %, meaning that it generated substantial loss on money invested by shareholders. Grupo Elektra's management efficiency ratios could be used to measure how well Grupo Elektra manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 18.13 B in total debt with debt to equity ratio (D/E) of 2.38, implying the company greatly relies on financing operations through barrowing. Grupo Elektra SAB has a current ratio of 2.38, 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 Elektra until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo Elektra'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 Elektra 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 Elektra's use of debt, we should always consider it together with cash and equity.

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Grupo Elektra, S.A.B. de C.V. operates as a financial services and specialty retailing company in Latin America, as well as a short-term non-bank loan provider in the United States. Grupo Elektra, S.A.B. de C.V. was founded in 1950 and is headquartered in Mexico City, Mexico. GRUPO ELEKTRA operates under Financial Conglomerates classification in Mexico and is traded on Mexico Stock Exchange. It employs 69973 people. Grupo Elektra SAB (ELEKTRA) is traded on Mexican Exchange in Mexico and employs 71,890 people.

Management Performance

Grupo Elektra SAB Leadership Team

Elected by the shareholders, the Grupo Elektra's board of directors comprises two types of representatives: Grupo Elektra 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 Elektra's management team and ensure that shareholders' interests are well served. Grupo Elektra'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 Elektra's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rodrigo Abraham, Director General of Finance and Administration of Grupo Salinas
Hugo Sada, Director
Luis Lajous, Chairman of the Board of Directors of Banco Azteca
Hugo Price, Honorary Chairman
Joaquin Orvananos, Director
Alvaro Jimenez, Chief Officer
Luis Fernandez, Director
Fabrice Marquez, Chief Executive Officer of Elektra Comercio
Alejandro Rio, Director General of Banco Azteca
Rodrigo Otero, General Director of Elektra Comercio
Elena Ortiz, Chief Officer
Manuel Palomo, Vice President of Systems
Marcelino Roman, Independent Director
Guillermo Pliego, Director
Christian lvarez, Chief Azteca
Gabriel Rello, General Director of Legal Affairs and Secretary of the Board
Eduardo Ruiz, Chief Executive Officer of Afore Azteca
Hector Romero, General Director of Punto Casa de Bolsa
Patrick Shaughnessy, Chief Executive Officer of Advance America
Roberto Achutegui, Independent Director
Gonzalo Garcia, Independent Director
Manuel Pin, General Director of Italika
Pedro Longoria, Director
Mauro Regis, Chief Financial and Administrative Officer
Alejandro Duran, Vice Chairman of the Board 'B' of Banco Azteca
Christian Alvarez, Chief Executive Officer of Seguros Azteca y Seguros Azteca Danos
Alberto Schwarz, G Credit
James Ovenden, Managing Director of Advance America
Ricardo Pliego, Chairman of the Board, Executive President
Hector Roman, Independent Director
Adriana Castro, General Director of Human Resources, Communication and Integration
Ulises Mondragon, Director System

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 Elektra 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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Please note, there is a significant difference between Grupo Elektra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Elektra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Elektra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.