MercadoLibre appoints Stelleo Tolda to board and audit committee after director death

MERCADOLIBRE INC

Director Mario Vázquez died August 3, 2024; he chaired the Audit Committee and served on Compensation and Governance committees.
Board reduced to 8 members (6 independent); Audit Committee fell to 2 members, below NASDAQ minimum of 3.
On Sept 12, 2024, Board appointed Stelleo Tolda as Class I director and to Audit Committee under NASDAQ cure provision.
Tolda previously served as EVP/COO (2009-2019) and Brazil country manager; most recently an advisor at $10,000/month.
Richard Sanders appointed to Compensation and Governance committees to fill vacancies left by Vázquez.

item 5.02

Executive movements

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Departed

Mario Vázquez

Director

MELI · MERCADOLIBRE INC

Effective: 2024-08-03
Successor: Stelleo Tolda
Filed: September 16, 2024, 7:59 PM ET

Mr. Mario Vázquez, one of the directors of the Company, died on August 3, 2024.

Appointed

Stelleo Tolda

Class I Director

MELI · MERCADOLIBRE INC

Effective: 2024-09-12
Filed: September 16, 2024, 7:59 PM ET

the appointment of Mr. Stelleo Tolda as a Class I director of the Company, to serve from September 12, 2024 until the Company’s 2025 Annual Meeting of Stockholders

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mario Vázquez departed as Director at MERCADOLIBRE INC.

Action: died
Role: Director

Exact text from the filing

Mr. Mario Vázquez, one of the directors of the Company, died on August 3, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stelleo Tolda was appointed as Class I Director at MERCADOLIBRE INC.

Action: appointed
Role: Class I Director

Exact text from the filing

the appointment of Mr. Stelleo Tolda as a Class I director of the Company, to serve from September 12, 2024 until the Company’s 2025 Annual Meeting of Stockholders

View on SEC.gov

MERCADOLIBRE INC filing history →

Source: SEC EDGAR

accession 0001099590-24-000030

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