Carlos Lomelin - Fomento Econmico CEO, Director

FEMSAUB Stock  MXN 162.00  7.00  4.52%   

CEO

Mr. Carlos Salazar Lomelin serves as Chief Executive Officer, Director of Fomento Econmico Mexicano, S.A.B. de C.V. since January 1, 2014. Before that, since 2000 he was Chief Executive Officer of CocaCola FEMSA, a subsidiary of the Company. He has held several Senior Management positions across FEMSA, including VicePresident of Grafo Regia, Plasticos Tecnicos Mexicanos SA, the International Division of FEMSA Cerveza, Commercial Planning in Grupo Visa, and Chief Executive Officer of FEMSA Cerveza. Since 2000, he was appointed CEO of CocaCola FEMSA. He was President of the Comision Siglo XXI in Monterrey and Executive Director of CINTERMEX. He was a Professor in economics for a number of years at Tecnologico de Monterrey and he is the current President of the Advisory Board of the EAGDE Business School of this Institution. He holds a Bachelors degree in Economics and a degree in Business Administration, both from Instituto Tecnologico y de Estudios Superiores de Monterrey. He also has studies in Economic Development in Italy and a Management Program from the IPADE in Mexico, among other studies in different countries. since 2014.
Age 66
Tenure 10 years
Phone52 818 328 6000
Webhttps://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.
The company has accumulated 179.86 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Fomento Econmico Mexicano has a current ratio of 1.38, which is within standard range for the sector. Debt can assist Fomento Econmico until it has trouble settling it off, either with new capital or with free cash flow. So, Fomento Econmico'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 Fomento Econmico Mexicano sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fomento to invest in growth at high rates of return. When we think about Fomento Econmico's use of debt, we should always consider it together with cash and equity.

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Fomento Econmico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. Fomento Econmico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico. FOMENTO ECONOMICO operates under BeveragesBrewers classification in Mexico and is traded on Mexico Stock Exchange. It employs 320000 people. Fomento Econmico Mexicano (FEMSAUB) is traded on Mexican Exchange in Mexico and employs 342,363 people.

Management Performance

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
Jose Hernando, Independent Director
Daniel Cofre, Corporate Vice President
Eva Gonda, Director
Jose Ornelas, Vice President of Administration and Corporate Control
Daniel Cofr, Chief Officer
Carlos Lomelin, CEO, Director
Alfredo Cantu, Independent Director
Michael Larson, Independent Director
Alfonso Migoya, Director
Max Suberville, Director
Raymundo Vela, Director HR
Barbara Gonda, Director
Barbara Laguera, Director
Carlos Cadena, Chief Division
Carlos Ancira, General Counsel and Secretary of The Board of Directors
Robert Denham, Independent Director
Mariana Gonda, Director
Francisco Carbajal, Director
Consuelo Garza, Director
Max Gonzalez, Director
Molses Naim, Director
Eugenio Garza, Director Officer
Alberto Gonzalez, Director
Alfonso Noriega, Director
Jose GarzaLaguera, Chief Division
Javier Sanjines, Corporate Vice President
Moises Naim, Director
Francisco Beltrn, Chief Officer
Juan Fonseca, Invertors Relations Contact
Alberto Bailleres, Director
Gerardo Attolini, VP Control
Alfonso Garza, Executive Vice President of Strategic Business
John Otazua, CEO of Coca-Cola FEMSA SA
Miguel Silva, Chief Financial and Stategic Development Officer
Ricardo Touche, Independent Director
Hector Gutierrez, CFO of Coca-Cola FEMSA
Genaro Estrada, General Vice President of Corporate Affairs
Eva Fernandez, Director
Paulina Marroquin, Director
Jose Carbajal, Executive Chairman of the Board
Eduardo Silva, CEO of FEMSA Comercio
Ricardo Escajadillo, Director
Armando Sada, 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fomento Econmico in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fomento Econmico's short interest history, or implied volatility extrapolated from Fomento Econmico options trading.

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Econmico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Fomento Econmico Mexicano information on this page should be used as a complementary analysis to other Fomento Econmico's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Please note, there is a significant difference between Fomento Econmico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fomento Econmico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fomento Econmico'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.