Mexican building materials company Cemex, Brazilian metals and mining corporation Vale, and Brazilian rental car provider Localiza were among the top-rated companies in Institutional Investor’s 2018 Latin America Executive Team.
Money managers and sell-side analysts ranked the region’s top chief executives, CFOs, investor relations professionals, and IR teams in the ninth annual survey. The survey spanned twelve industry sectors and included mid-cap and small-cap divisions.
Fifty-nine companies earned the designation of most-honored company, placing at least third in two or more categories.
In the investor relations category, survey respondents ranked public companies based on attributes including accessible senior executives, well-informed and authoritative investor relations teams, timely and appropriate financial disclosures, fast and thorough responses to requests, constructive conference calls, and insightful reports on ESG metrics.
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Cemex, Vale, and Localiza were the only firms to sweep their sectors, earning top honors across the C-suite.
At Cemex, those ranked included chief executive officer Fernando Gonzalez Olivieri, chief financial officer Jose Antonio González, and investor relations executives Lucy Rodriguez and Jesus Ortiz de la Fuentes.
At Vale, the winning executive team was comprised of chief executive officer Fabio Schvartsman, chief financial officer Luciano Siani Pires, and investor relations executive André Figueiredo. Localiza chief executive Eugenio Pacelli Mattar and chief financial officer Roberto Antonio Mendes similarly topped their divisions. Meanwhile Nora Mascarenhas Lanari and Mariana Paes Campolina, investor relations professionals at Localiza, were ranked first and second, respectively.
Most of the companies to place first in their sectors were from Brazil. These included Tupy (Capital Goods), Kroton Educacional (Education), Itaú Unibanco Holding (Banks), B3 (Non-bank Financials), Fleury (Health Care), Petrobras (Oil, Gas, and Petrochemicals), Fibria Celulose (Pulp and Paper), Multiplan Empreendimentos Imobiliários (Real Estate), Lojas Renner (Retailing), and TIM Participações (Technology, Media, and Telecommunications).
Other winners in their sectors included Chilean agricultural company Sociedad Quimica y Minera de Chile, Argentinian utility company Pampa Energia, and Mexican food and beverage maker Arca Continental.