People: MercadoLibre Inc (MELI.O)
MELI.O on Nasdaq
119.92USD
23 May 2013
119.92USD
23 May 2013
Price Change (% chg)
$-0.67 (-0.56%)
$-0.67 (-0.56%)
Prev Close
$120.59
$120.59
Open
$118.37
$118.37
Day's High
$120.92
$120.92
Day's Low
$114.67
$114.67
Volume
572,975
572,975
Avg. Vol
590,643
590,643
52-wk High
$128.46
$128.46
52-wk Low
$64.18
$64.18
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Marcos Galperin |
42 | Chairman of the Board, President, Chief Executive Officer | |
Pedro Arnt |
38 | 2011 | Chief Financial Officer, Executive Vice President |
Stelleo Tolda |
44 | 2009 | Executive Vice President, Chief Operating Officer |
Osvaldo Gimenez |
41 | 2004 | Executive Vice President - Payments |
Daniel Rabinovich |
34 | 2011 | Senior Vice President, Chief Technology Officer |
Martin de Los Santos |
42 | 2013 | Vice President - Finance |
Marcelo Melamud |
41 | 2008 | Vice President, Chief Accounting Officer |
Nicolas Galperin |
42 | 1999 | Director |
Veronica Allende Serra |
42 | 2007 | Independent Director |
Emiliano Calemzuk |
38 | 2007 | Independent Director |
Meyer Malka |
38 | 2013 | Independent Director |
Javier Olivan |
35 | 2012 | Independent Director |
Susan Segal |
60 | 2012 | Independent Director |
Michael Spence |
68 | 1999 | Independent Director |
Mario Vazquez |
2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Marcos Galperin |
Mr. Marcos Galperin is Chairman of the Board, President, Chief Executive Officer of MercadoLibre Inc. He is co-founder of the Company. He is a Board Member since October 1999. He is a board member of Endeavor, a non-profit organization that is the global movement to catalyze long term economic growth by selecting, mentoring and accelerating the high impact entrepreneurs around the world. He is also a board member of the Stanford Graduate School of Business. Prior to working with company, Mr. Galperin worked in the fixed income department of J.P. Morgan Securities Inc. in New York from June to August 1998 and at YPF S.A., an integrated oil company, in Buenos Aires, Argentina, where he was a Futures and Options Associate and managed YPF’s currency and oil derivatives program from 1994 to 1997. Mr. Galperin received an MBA from Stanford University and graduated with honors from the Wharton School of the University of Pennsylvania. |
Pedro Arnt |
Mr. Pedro Arnt is Chief Financial Officer, Executive Vice President of Mercadolibre Inc., effective June 1, 2011. Prior to his appointment as chief financial officer, Mr. Arnt served in various capacities since joining MercadoLibre in December 1999. He initially led the business development and marketing teams as vice president, and later managed customer service operations. He then held the position of vice president of strategic planning, treasury & investor relations, actively participating in transition from private to public company, and playing an important role in capital markets, corporate finance, strategic planning and treasury initiatives. Prior to joining MercadoLibre, Mr. Arnt worked for The Boston Consulting Group. He is a Brazilian citizen and holds a BA, magna cum laude, from Haverford College and a master’s degree from the University of Oxford. |
Stelleo Tolda |
Mr. Stelleo Tolda is Executive Vice President, Chief Operating Officer of MercadoLibre Inc since April 1, 2009. Prior to his appointment as chief operating officer, Mr. Tolda served as a senior vice president and as country manager of Brazil since 1999. In that role he guided MercadoLibre to its current position as the e-commerce marketplace in Brazil. Before joining MercadoLibre, Mr. Tolda worked at Lehman Brothers Inc. in the United States, in 1999, and at Banco Pactual and Banco Icatu in Brazil, from 1996 to 1997 and 1994 to 1996, respectively. He holds an MBA from Stanford University, and a master’s degree and bachelor’s degree in mechanical engineering, also from Stanford. |
Osvaldo Gimenez |
Mr. Osvaldo Gimenez is Executive Vice President - Payments of Mercadolibre Inc since February 2004. Mr. Gimenez joined MercadoLibre in 1999 as Country Manager of Argentina and Chile. Before joining the Company, Mr. Gimenez was an Associate Consultant of Booz Allen and Hamilton and worked for Santander Investments in New York. Mr. Gimenez received a Master of Business Administration degree from Stanford University in 1998 and graduated from Instituto Tecnologico de Buenos Aires with a Bachelors degree in Industrial Engineering. |
Daniel Rabinovich |
Mr. Daniel Rabinovich is Senior Vice President, Chief Technology Officer of MercadoLibre Inc since January 2011. Prior to this appointment, Mr. Rabinovich served as vice president of product development since January 2009, having joined MercadoLibre in March 2000 as an application architect. Before joining company, he worked in the application architecture team at PeopleSoft. Mr. Rabinovich holds a Master’s degree in Technological Services Management from the Universidad de San Andres and graduated with honors from Buenos Aires University with a degree in information systems. |
Martin de Los Santos |
Mr. Martin de Los Santos is Vice President - Finance of Mercadolibre Inc. Mr. de los Santos is the Chief Financial Officer of Vostu.com, a social gaming company in Latin America, where he has worked since August 2011. From 1993 to 1995, Mr. de los Santos worked at Goldman Sachs in the Investment Banking Division in New York where he assisted with equity, debt and merger and acquisition transactions for clients in Latin America and Europe. From 1995 to 1997, he worked at McKinsey and Co. where he advised clients in telecom, media, banking, and oil and gas industries, in Argentina, Brazil and Spain. After receiving his MBA from Stanford in 1999, he returned to McKinsey and Co. as an Associate where he advised telecom and media clients in Brazil and Spain. In 1999, he co-founded LID Group, a venture capital firm that invested in small technology companies in Argentina and Brazil. From 2003 to 2011, Mr. de los Santos was Director of Business Development at Corporacion IMPSA (Pescarmona Group of Companies) where he was responsible for merger and acquisition transactions, as well as structured finance transactions. Mr. de los Santos holds an MBA from Stanford University and a BS in business administration from the University of North Carolina at Chapel Hill. |
Marcelo Melamud |
Mr. Marcelo Melamud is Vice President, Chief Accounting Officer of MercadoLibre Inc since August 15, 2008. Prior to this appointment, Mr. Melamud served as vice president—administration and control since April 2008. From July 2004 through March 2008, he served as the director of finance of MDM Hotel Group, a developer, owner and operator of Marriott branded hotels in Miami, Florida. From July 1998 through July 2004, Mr. Melamud worked in various finance roles for Fidelity Investments, a provider of investment products and services. During his work at Fidelity Investments, Mr. Melamud served as the director of finance of the World Trade Center Boston/Seaport Hotel and he also served as the director of finance of MetroRed Telecom Group Ltd., a fiber-optic telecommunication provider of data, value added, and hosting services within Latin America. Mr. Melamud received his MBA from the Olin Graduate School of Business at Babson College and is a Certified Public Accountant in Argentina. |
Nicolas Galperin |
Mr. Nicolas Galperin is Director of Mercadolibre Inc since 1999. Mr. Galperin is the principal of Onslow Capital Management Limited, an investment management company based in London, where he started working in 2006. Mr. Galperin worked at Morgan Stanley & Co. Incorporated, an investment bank, from 1993 until 2006, as a Managing Director and head of trading and risk management for the London emerging markets trading desk, as well as a trader of high-yield bonds, emerging market bonds and derivatives in New York and London. Mr. Galperin graduated with honors from the Wharton School of the University of Pennsylvania. |
Veronica Allende Serra |
Ms. Veronica Allende Serra is Independent Director of Mercadolibre Inc since September 2007. Ms. Serra is the founding partner of Pacific Advisors, where she advises funds and corporations in their acquisitions and strategy. Between 1998 and 2001, she ran the office for Latin American Investments for International Real Returns LLC, a holding of global investments with $600 million under management with principal capital from the shareholders of Lazard Freres, an investment bank. Ms. Serra has invested in over a dozen companies in the United States and Latin America. She was an advisor and investor of Patagon, an on-line brokerage and bank that was sold to Banco Santander in 2000. Ms. Serra is a member of the advisory board of Endeavor Brazil and of the International Advisory Board of Endeavor Global. Between 1997 and 1998, she was Vice President and Assistant to the Chief Executive Officer of Leucadia National Corporation, an investment holding company based in New York. Ms. Serra has an MBA from Harvard Business School and a law degree from the University of São Paulo—USP. She also holds a degree in art and advertising from the Escola Panamericana de Arte. |
Emiliano Calemzuk |
Mr. Emiliano Calemzuk is Independent Director of Mercadolibre Inc since August 2007. Mr. Calemzuk serves as Chairman of the advisory boards of the Heart of Los Angeles Organization, a non-profit organization where he has served since 2010. From September 2010 to January 2012, Mr. Calemzuk served as Chief Executive Officer of Shine Group Americas (and its subsidiaries), producers of television in the U.S. market. Prior to joining Shine, from 2007 to 2010, Mr. Calemzuk was President of Fox Television Studios, another supplier of programming to U.S. cable and broadcast networks. From 2002 to 2007, Mr. Calemzuk served as President of Fox International Channels Italy. From 2000 to 2002, Mr. Calemzuk was Vice President and Deputy Managing Director of Fox Latin American Channels and was also employed as General Manager of Fox Kids Latin America. From 1998 to 2000, Mr. Calemzuk served as Associate Director of Marketing and Promotions for Fox Latin America. Prior to that, he worked at Hero Productions, a production company. He holds a bachelor’s degree, cum laude, from the University of Pennsylvania, with studies at the Wharton School of Business and the Annenberg School of Communications. |
Meyer Malka |
Mr. Meyer Malka is appointed as the Independent Director of MercadoLibre, Inc. He is the managing partner at Ribbit Capital, a venture capital fund focused on investing in innovative companies in the financial services sector, a position he has held since May 2012. Mr. Malka has more than twenty years of experience building and investing in technology and financial services across three continents. Mr. Malka is the co-founder and current chairman of Lemon, Inc., an online financial service enabling individuals to access a virtual wallet online and track and manage their expenses. He currently serves on the board of Wonga, a company offering loans that emphasize transparency, speed, convenience and flexibility. Mr. Malka also currently serves on the boards of Peixe Urbano, the first and Latin American local e-commerce company, MECK, Ltd., a private investment firm based in Santiago, Chile, where he was a founding partner, and Revista Climax, a Venezuelan magazine. In 1991, at the age of 18, Mr. Malka co-founded Heptagon Group, a securities and investment broker dealer servicing the Venezuelan and U.S. markets, where he served as Chief Operating Officer. In 1998, Mr. Malka developed the online brokerage Patagon, which became Latin America’s first comprehensive Internet based financial services portal and dealer until its acquisition in March 2000 by the Spanish bank Banco Santander. Mr. Malka then served as the interim CEO for OpenBank, an online bank in Spain and Germany. In July 2008, Mr. Malka co-founded and was Co-CEO of Bling Nation, a Palo Alto-based mobile payments company until July 2011 when it evolved into Lemon Inc., where he currently serves as Chairman. In May 2011, Mr. Malka co-founded Banco Bracce, a Brazilian financial banking institution specializing in lending for mid-sized companies in Brazil, where he serves as Director. Mr. Malka graduated with a degree in economics from the Universidad Católica Andrés Bello in Caracas, Venezuela in 1996. |
Javier Olivan |
Mr. Javier Olivan is appointed as the Independent Director of MercadoLibre, Inc. He is the VP of Growth, Engagement and Mobile Adoption at Facebook, Inc. He joined Facebook as Head of International Growth in 2007. In this role, he has been responsible for Facebook's international efforts, setting strategy and driving the growth of Facebook's user base across the globe through product, marketing, and internationalization initiatives. His role has since expanded to also oversee all product analytics, mobile adoption and user engagement worldwide. Prior to Facebook, Mr. Olivan was a Product Manager at Siemens Mobile where he led a cross-functional team charged with the development and market launch of handset devices. Earlier in his career, Mr. Olivan worked for NTT in Japan as a research and development engineer and was part of a team that was responsible for developing software that enabled high quality wireless video transmission on to mobile devices. Mr. Olivan holds a master’s degree in business administration from Stanford University and master’s degrees in both electrical and industrial engineering from the University of Navarra. |
Susan Segal |
Ms. Susan L. Segal is Independent Director of Mercadolibre Inc., effective April 23, 2012. She has been president and CEO of the Americas Society and Council of the Americas since 2003, after having worked in the private sector for more than 30 years. Prior to her current position, Ms. Segal was a founding partner of her own investment advisory firm focused primarily on Latin America and the U.S. Hispanic market. Previously, she was a partner and Latin American Group Head at JPMorgan Partners/Chase Capital Partners, where she pioneered early stage venture capital investing in Latin America. Prior to joining Chase Capital Partners, Ms. Segal was a senior managing director focused on Emerging Markets Investment Banking and Capital Markets at Chase Bank and its predecessor banks. She was actively involved in the Latin American debt crisis of the 1980s and early 1990s both chairing and sitting on various advisory committees. Ms. Segal currently serves on various boards and committees, including, at the Bank of Nova Scotia/Scotiabank, where she serves as a director and a member of the Audit Committee, the Tinker Foundation and the Latin American Venture Capital Association. She is also a member of the Council of Foreign Relations . In 1999, she was awarded the Order of Bernardo O’Higgins Grado de Gran Oficial in Chile and in 2009 President Uribe of Colombia honored her with the Cruz de San Carlos. Ms. Segal received an M.B.A. from Columbia University and a B.A. from Sarah Lawrence College. Ms. Segal previously served as a director of the Company from 1999 to 2002. |
Michael Spence |
Dr. Michael Spence is Independent Directorof Mercadolibre Inc since 1999. Mr. Spence is Professor of Economics at the Stern School of Business at New York University, Professor Emeritus of Management in the Graduate School of Business at Stanford University, a senior advisor at Oak Hill Investment Management, a consultant to PIMCO, and a Senior Fellow of the Hoover Institution at Stanford. He served as dean of the Stanford Business School from 1990 to 1999. Dr. Spence was awarded the John Kenneth Galbraith Prize for excellence in teaching and the John Bates Clark medal for a “contribution to economic thought and knowledge.” In 2001, Dr. Spence received the Nobel Prize in Economic Sciences. From 2006 to 2010, Dr. Spence served as chairman of the Commission on Growth and Development. Dr. Spence earned his undergraduate degree in philosophy at Princeton summa cum laude and was selected for a Rhodes Scholarship. He was awarded a BS-MA from Oxford and earned his PhD in economics at Harvard University. He taught at Stanford as an Associate Professor of Economics from 1973 to 1975. From 1975 to 1990, he served as professor of Economics and Business Administration at Harvard, holding a joint appointment in the Business School and the Faculty of Arts and Sciences. In 1983, he was named chairman of the Economics Department and George Gund Professor of Economics and Business Administration. From 1984 to 1990, Dr. Spence served as the Dean of the Faculty of Arts and Sciences at Harvard, overseeing Harvard College, the Graduate School of Arts and Sciences, and the Division of Continuing Education. Since April 2005, Dr. Spence has served on the Board of Genpact Ltd., a NYSE-listed company that focuses on managing business processes, and previously served on the board of General Mills, Inc., from 1992 to 2008. Mr. Spence also serves on the board of a number of private companies. |
Mario Vazquez |
Mr. Mario Eduardo Vazquez is Independent Director of Mercadolibre Inc since May 6, 2008. Mr. Vazquez has served as a Member of the Board of Directors at several companies including Telefonica Argentina SA, Telefonica Holding Argentina SA and YPF SA, and as Alternate Member of the Board of Telefonica de Chile SA. In addition, he has also served as the President of the Audit Committee of YPF SA. Mr. Vazquez served as the Chief Executive Officer of Grupo Telefonica in Argentina from June 2003 to November 2006, and as a Member of the Board of Telefonica SA Spain from November 2000 to November 2006. Mr. Vazquez spent 23 years as a Partner and General Director of Arthur Andersen for Argentina, Chile, Uruguay and Paraguay (Pistrelli, Diaz y Asociados and Andersen Consulting-Accenture), where he served for a total of 33 years until his retirement in 1993. Mr. Vazquez previously taught as a professor of Auditing at the Economics School of the University of Buenos Aires. Mr. Vazquez received a degree in Accounting from the University of Buenos Aires. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Marcos Galperin |
2,019,790 |
Pedro Arnt |
576,279 |
Stelleo Tolda |
1,012,790 |
Osvaldo Gimenez |
516,561 |
Daniel Rabinovich |
317,139 |
Martin de Los Santos |
-- |
Marcelo Melamud |
163,711 |
Nicolas Galperin |
432,780 |
Veronica Allende Serra |
-- |
Emiliano Calemzuk |
-- |
Meyer Malka |
-- |
Javier Olivan |
-- |
Susan Segal |
-- |
Michael Spence |
-- |
Mario Vazquez |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Marcos Galperin |
0 | 0 |
Pedro Arnt |
0 | 0 |
Stelleo Tolda |
4,687 | 110,145 |
Osvaldo Gimenez |
0 | 0 |
Daniel Rabinovich |
0 | 0 |
Martin de Los Santos |
0 | 0 |
Marcelo Melamud |
0 | 0 |
Nicolas Galperin |
0 | 0 |
Veronica Allende Serra |
0 | 0 |
Emiliano Calemzuk |
0 | 0 |
Meyer Malka |
0 | 0 |
Javier Olivan |
0 | 0 |
Susan Segal |
0 | 0 |
Michael Spence |
0 | 0 |
Mario Vazquez |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SPENCE ANDREW MICHAEL |
9,000 | $119.75 |
GIMENEZ OSVALDO |
2,013 | $1.50 |
SPENCE ANDREW MICHAEL |
5,000 | $78.62 |
GALPERIN MARCOS E |
10,000 | $0.00 |
SPENCE ANDREW MICHAEL |
5,000 | $80.05 |
GALPERIN MARCOS E |
3,786,563 | $0.00 |
SPENCE ANDREW MICHAEL |
5,000 | $73.68 |
GIMENEZ OSVALDO |
1,700 | $1.50 |
GIMENEZ OSVALDO |
1,600 | $1.50 |
GIMENEZ OSVALDO |
298 | $0.00 |
ARNT PEDRO |
243 | $0.00 |
RABINOVICH DANIEL |
243 | $0.00 |
TOLDA STELLEO |
583 | $0.00 |
GALPERIN MARCOS E |
1,619 | $0.00 |
GIMENEZ OSVALDO |
2,000 | $95.51 |
TOLDA STELLEO |
5,000 | $95.55 |
GALPERIN MARCOS E |
476,400 | $97.43 |
GALPERIN MARCOS E |
123,031 | $98.89 |
GALPERIN MARCOS E |
150,569 | $101.59 |
LEVY ANTON J |
193 | $85.05 |
LEVY ANTON J |
23,063 | $85.05 |
LEVY ANTON J |
25 | $85.05 |
LEVY ANTON J |
1,004 | $85.05 |
LEVY ANTON J |
193 | $85.01 |
LEVY ANTON J |
23,061 | $85.01 |

