MercadoLibre appoints Martín de los Santos as CFO; Pedro Arnt resigns

MERCADOLIBRE INC

Pedro Arnt resigns as EVP and CFO effective Aug 10, 2023 to pursue new opportunity; not due to any disagreement.
Martín de los Santos appointed SVP and CFO, effective Aug 10, 2023; previously SVP of Mercado Crédito.
De los Santos' 2023 base salary set at $461,954, target bonus 23% of salary, long-term incentive raised to $1.8M.
Andrés Anavi succeeds de los Santos as SVP of Mercado Pago's Crédito division; Anavi joined in 2021 from BCG.
De los Santos rejoins finance leadership after launching and scaling the Credits unit over 7 years.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Pedro Arnt

Executive Vice President and Chief Financial Officer

MELI · MERCADOLIBRE INC

Effective: 2023-08-10
Successor: Martín de los Santos
Filed: August 10, 2023, 7:59 PM ET

Pedro Arnt informed MercadoLibre, Inc. (the “Company”) of his decision to resign from his position as Executive Vice President and Chief Financial Officer of the Company, effective as of August 10, 2023

Appointed

Martín de los Santos

Senior Vice President and Chief Financial Officer

MELI · MERCADOLIBRE INC

Effective: 2023-08-10
Filed: August 10, 2023, 7:59 PM ET

On August 10, 2023, the Board of Directors of the Company appointed Martín de los Santos, who currently serves as the Company’s Senior Vice President of Mercado Credito, to serve as Senior Vice President and Chief Financial Officer, effective August 10, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Pedro Arnt resigned as Executive Vice President and Chief Financial Officer at MERCADOLIBRE INC.

Action: resigned
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Pedro Arnt informed MercadoLibre, Inc. (the “Company”) of his decision to resign from his position as Executive Vice President and Chief Financial Officer of the Company, effective as of August 10, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Martín de los Santos was appointed as Senior Vice President and Chief Financial Officer at MERCADOLIBRE INC.

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On August 10, 2023, the Board of Directors of the Company appointed Martín de los Santos, who currently serves as the Company’s Senior Vice President of Mercado Credito, to serve as Senior Vice President and Chief Financial Officer, effective August 10, 2023.

View on SEC.gov

MERCADOLIBRE INC filing history →

Source: SEC EDGAR

accession 0001387131-23-009604

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