MercadoLibre, Inc. (MELI)

1,203.16 -17.27 (-1.41%) At close: 01:40PM EDT

MercadoLibre, Inc.

WTC Free Zone
Dr. Luis Bonavita 1294 Of. 1733 Tower II
Montevideo 11300
Uruguay
598 2 927 2770
https://www.mercadolibre.com

Sector(s): Consumer Cyclical
Industry: Internet Retail
Full-time employees: 29,957

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Marcos Eduardo Galperín	Co-Founder, Chairman, CEO & Pres	16.68M	N/A	1971
Mr. Pedro Arnt	Exec. VP & CFO	3.5M	N/A	1974
Mr. Daniel Rabinovich	Exec. VP & COO	4.92M	N/A	1978
Mr. Osvaldo Gimenez	Fintech Pres	4.27M	N/A	1971
Mr. Marcelo Melamud	Chief Accounting Officer & Sr. VP	N/A	N/A	1971
Mr. Richard M. Cathcart	Head of Investor Relations	N/A	N/A	N/A
Mr. Jacobo Cohen Imach	Sr. VP, Gen. Counsel & Sec.	N/A	N/A	N/A
Mr. Juan Martin De La Serna	Exec. VP of Corp. Affairs & Pres of Argentina	N/A	N/A	N/A
Mr. Ariel Szarfsztejn	Exec. VP of Commerce	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Corporate governance

MercadoLibre, Inc.’s ISS governance QualityScore as of 1 February 2023 is 6. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.