Xavier Topete - Southern Copper CEO

SCCO Stock  MXN 2,097  226.68  12.12%   

CEO

Eng. Xavier Garcia de Quevedo Topete serves as Independent Director of Southern Copper Corporationrationration. He was our Chief Operating Officer from April 12, 2005 until April 23, 2015. Since November 1, 2014, Mr. Garcia de Quevedo Topete serves as the President of the infrastructure division of Grupo Mexico, composed of the energy, gas, oil and construction subsidiaries of Grupo Mexico. He was the President and Chief Executive Officer of Southern Copper Minera Mexico from September 2001 until November 1, 2014. He was the President and Chief Executive Officer of Americas Mining Corporation from September 7, 2007 to October 31, 2014. From December 2009 to June 2010, he was Chairman and Chief Executive Officer of Asarco LLC, previously he was President of Asarco LLC from November 1999 to September 2001. Mr. Garca de Quevedo began his professional career in 1969 with Grupo Mexico. He was President of Grupo Ferroviario Mexicano, S.A. de C.V. and of Ferrocarril Mexicano, S.A. de C.V. from December 1997 to December 1999, and Executive VicePresident of Exploration and Development of Grupo Mexico from 1994 to 1997. He was a director of Grupo Mexico since April 2002. He was also Vice President of Grupo Condumex, S.A. de C.V. for eight years. He was the Chairman of the Mining Chamber of Mexico from November 2006 to August 2009. He is a Chemical Engineer with a degree from the Universidad Nacional Autonoma de Mexico in Mexico City, Mexico. He also attended a continuous Business Administration and Finance program at the Technical Institute of Monterrey in Monterrey, Mexico. since 2015.
Age 71
Tenure 9 years
Phone602 264 1375
Webhttps://www.southernperu.com
Garcia de Quevedo initiated his professional career in 1969 with Grupo Mexico. He was President of Grupo Ferroviario Mexicano, S.A. de C.V. and of Ferrocarril Mexicano, S.A. de C.V. from December 1997 to December 1999, and General Director of Exploration and Development of Grupo Mexico from 1994 to 1997. He was a director of Mexico since April 2002. He holds a degree Chemical Engineering from Universidad Nacional Autonoma de Mexico and Master degree in Administration from Instituto Tecnologico y de Estudios Superiores de Monterrey.

Southern Copper Management Efficiency

The company has return on total asset (ROA) of 0.1559 % which means that it generated a profit of $0.1559 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3238 %, meaning that it generated $0.3238 on every $100 dollars invested by stockholders. Southern Copper's management efficiency ratios could be used to measure how well Southern Copper manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 6.25 B in total debt with debt to equity ratio (D/E) of 0.99, which is about average as compared to similar companies. Southern Copper has a current ratio of 3.59, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Southern Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Southern Copper'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 Southern Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Southern to invest in growth at high rates of return. When we think about Southern Copper's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 7 records

CEO Age

Larry RenfroUnitedHealth Group Incorporated
63
David BurrittUnited States Steel
68
Dirk McMahonUnitedHealth Group Incorporated
63
Andrew WittyUnitedHealth Group Incorporated
54
Alfredo PerezGMxico Transportes SAB
65
Mario LonghiUnited States Steel
60
Steven NelsonUnitedHealth Group Incorporated
58
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Southern Copper Corporation is a subsidiary of Americas Mining Corporation. SOUTHERN COPPER operates under Copper classification in Mexico and is traded on Mexico Stock Exchange. It employs 13777 people. Southern Copper (SCCO) is traded on Mexican Exchange in Mexico and employs 30 people.

Management Performance

Southern Copper Leadership Team

Elected by the shareholders, the Southern Copper's board of directors comprises two types of representatives: Southern Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Southern. The board's role is to monitor Southern Copper's management team and ensure that shareholders' interests are well served. Southern Copper'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, Southern Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xavier Topete, COO, Director; President CEO of Southern Copper Minera Mexico
Vicente Andreve, Independent Director
German Velasco, Chairman of the Board
Julian Lazalde, Secretary
Andres Ghislieri, General Counsel
Alfredo Perez, Director
Rafael Anciola, Independent Director
Daniel Quintanilla, Director
Victor Pedraglio, Ma Relations
Carlos Peman, Independent Director
Raul Ruisanchez, Chief Financial Officer, Vice President - Finance, Treasurer
Agustin Martinez, Comptroller
Rafael Abad, General Auditor
Juan Arriaga, Vice President - Commercial
Luis Morales, Director
Gilberto Cifuentes, Independent Director
Lina Vilca, Comptroller
Hans Royle, Secretary, Legal Counsel and Member of Admin. Committee
Luis Bonilla, Independent Director
Lina Vingerhoets, Assistant Comptroller
Vidal Dip, Vice President - Projects
Edgard Aguilar, Vice President of Exploration
Carlos Sacristan, Independent Director
Andres Ferrero, General Counsel
Julian Psihas, Secretary
Luis Echevarria, Assistant Secretary
Emilio Gamboa, Independent Director
Enrique Mejorada, Independent Director
Oscar Rocha, President, Chief Executive Officer, Director
Javier Aguilar, Vice President - Legal, General Counsel

Southern 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 Southern Copper 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.

Currently Active Assets on Macroaxis

When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Southern Stock analysis

When running Southern Copper's price analysis, check to measure Southern Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper'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.