Ricardo Touche - Fomento Econmico Independent Director
| FEMSAUBD | MXN 195.22 1.31 0.68% |
Director
Mr. Ricardo Guajardo Touche serves as a Independent Director of Fomento EconOmico Mexicano, S.A.B. de C.V.since 1988. He is also Chairman of the Finance and Planning committee and Member of the Corporationrationrate Practices Committee of the Company. He is Chairman of the Board of Directors of Solfi SA, as well as Member of the Board of Directors of Grupo Valores Monterrey, Liverpool, Alfa, BBVA Bancomer, Grupo Aeroportuario del Sureste SA de CV, Grupo Bimbo SAB de CV, Bancomer, Grupo Coppel, CocaCola FEMSA and ITESM. He is also Former Chairman of the Board of Grupo Financiero BBVA Bancomer SA de CV and has held senior executive positions in such companies as Grupo AXA SA de CV, Valores de Monterrey SA de CV and BBVA Bancomer. He holds a BS degree in Electrical Engineering from Instituto Tecnologico y de Estudios Superiores de Monterrey, a degree in Electrical Engineering from the University of Wisconsin and a Masters degree from the University of California at Berkeley. since 1988.
| Age | 71 |
| Tenure | 37 years |
| Phone | 52 818 328 6000 |
| Web | https://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.Similar Executives
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| Rodolfo Muriel | CEMEX SAB de | 73 | |
| Everardo Almaguer | Grupo Financiero Banorte | 75 | |
| Eduardo Cantu | Grupo Financiero Banorte | 76 | |
| David Alanis | Grupo Financiero Banorte | 46 | |
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| Fernando Sahagun | Grupo Mxico SAB | N/A | |
| David Montemayor | Grupo Financiero Banorte | 69 | |
| Mayra Lopez | Grupo Financiero Banorte | N/A | |
| Alfonso Noriega | Grupo Financiero Banorte | 57 | |
| Arturo Perez | Grupo Bimbo SAB | N/A | |
| David Guzman | Alfa SAB de | 62 | |
| Jose Eguia | Grupo Financiero Banorte | 51 | |
| David Guzman | CEMEX SAB de | 61 | |
| Guillermo Mendieta | Grupo Mxico SAB | N/A | |
| Hector Flores | Grupo Financiero Banorte | 55 | |
| Prudencio Martinez | Grupo Mxico SAB | N/A | |
Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0461 |
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.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0461 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 583.35 B | |||
| Shares Outstanding | 17.89 B | |||
| Shares Owned By Institutions | 18.00 % | |||
| Price To Earning | 22.90 X | |||
| Price To Book | 4.54 X | |||
| Price To Sales | 4.79 X |
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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.