Alfonso Garza - Fomento Econmico CEO

FEMSAUBD  MXN 176.50  4.50  2.49%   

CEO

Mr. Alfonso Garza Garza serves as Executive Vice President of Strategic Business, Director Fomento Econmico Mexicano, S.A.B. de C.V. since 2016. Before that, he acted as Executive Vice President of Human Resources, Strategic Procurement, Business Processes and Information Technology of the Company from 2005. He has also served as NonMember Technical Secretary of the Corporationrationrate Practices Committee of the Company. He joined FEMSA in 1985 and was named Executive Vice President of Human Resources in 2005. Prior to that, he held various positions at FEMSA Cerveza and FEMSA Empaques, including the management of FEMSA Packaging and Grafo Regia. In January 2009, he was appointed VicePresident of Strategic Procurement, Business Processes, and Information Technology of FEMSA. He holds a Bachelors degree in Industrial Engineering from Instituto Tecnologico y de Estudios Superiores de Monterrey and a Masters of Business Administration degree from Instituto Panamericano de Alta Direccion de Empresas . since 2019.
Age 61
Tenure 5 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.
Fomento Econmico Mexicano has accumulated 185.94 B in total debt with debt to equity ratio (D/E) of 0.73, which is about average as compared to similar companies. Fomento Econmico Mexicano has a current ratio of 1.35, 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 342363 people. Fomento Econmico Mexicano (FEMSAUBD) 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
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.

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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.