Victor Celorio - Fomento Economico Independent Director

FMX Stock  USD 85.81  1.76  2.01%   

Insider

Victor Celorio is Independent Director of Fomento Economico Mexicano since 2018.
Age 69
Tenure 6 years
Address General Anaya NÂș 601 Pte., Monterrey, NL, Mexico, 64410
Phone52 818 328 6000
Webhttps://www.femsa.com

Fomento Economico Management Efficiency

The company has Return on Asset of 0.0376 % which means that on every $100 spent on assets, it made $0.0376 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1149 %, implying that it generated $0.1149 on every 100 dollars invested. Fomento Economico's management efficiency ratios could be used to measure how well Fomento Economico manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.07 in 2024. At this time, Fomento Economico's Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 205.8 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 246.6 B in 2024.
Fomento Economico Mexicano has 232.9 B in debt with debt to equity (D/E) ratio of 0.77, which is OK given its current industry classification. Fomento Economico has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Fomento to invest in growth at high rates of return.

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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 the United States and is traded on New York Stock Exchange. It employs 330394 people. Fomento Economico Mexicano (FMX) is traded on New York Stock Exchange in USA. It is located in General Anaya NÂș 601 Pte., Monterrey, NL, Mexico, 64410 and employs 392,287 people. Fomento Economico is listed under Soft Drinks & Non-alcoholic Beverages category by Fama And French industry classification.

Management Performance

Fomento Economico Leadership Team

Elected by the shareholders, the Fomento Economico's board of directors comprises two types of representatives: Fomento Economico 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 Economico's management team and ensure that shareholders' interests are well served. Fomento Economico'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 Economico'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
Francisco Beltran, Chief Corporate Officer
Michael Larson, Independent Director
Alfonso Migoya, Independent Director
Raymundo Vela, Senior Vice President of Human Resources
Barbara Gonda, Director
Roberto Cifrian, Senior Vice President - Corporate Affairs
Carlos Cadena, Executive Officer
Carlos Ancira, General Counsel and Secretary of the Board of Directors
Ian Garca, Chief CocaCola
Robert Denham, Independent Director
Mariana Gonda, Director
Francisco Carbajal, Director
Eugenio Garza, Director Officer
Juan Guillermety, Chief Digital
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, Senior Vice President - Administration and Corporate Control
Victor Celorio, Independent Director
Jessica Gaitan, Chief Officer
Alfonso Garza, Chief Executive Officer of Strategic Businesses of FEMSA, Director
Constantino Montesinos, Chief Business
John Otazua, Chief Executive Officer of Coca Cola FEMSA SA
Miguel Silva, Chief Financial and Strategic Development Officer
Martin Yaniz, Interim Officer
Ricardo Touche, Independent Director
Alejandro Ortiz, Secretary Directors
Paulina Marroquin, Director
Jose Carbajal, Executive Chairman of the Board of Directors
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 Economico 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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Additional Tools for Fomento Stock Analysis

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