XP Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Thiago Maffra

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO

Thiago Maffra (39 yo)

3.3yrs

Tenure

Mr. Thiago Maffra serves as Chief Executive Officer at XP Inc. since May 12, 2021. He served as chief technology officer at XP Inc. since September 2018 to May 12, 2021. He served as Executive Director Of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Guilherme Dias Benchimol	Founder & Executive Chairman	5.1yrs	no data	no data
Thiago Maffra	Chief Executive Officer	3.3yrs	no data	no data
Victor Mansur	Chief Financial Officer	less than a year	no data	no data
Andre Parize	Chief Investor Relations Officer	less than a year	no data	no data
Fabrício de Almeida	General Counsel	4.8yrs	no data	no data
Bruno Constantino dos Santos	Advisor & Director	less than a year	no data	no data
Marco Goncalves	Head of M&A	3.8yrs	no data	no data
Gabriel Dos Santos	Head of Recruitment & Selection	no data	no data	no data
Jose de Menezes Berenguer Neto	Chief Executive Officer of Banco XP S.A.	no data	no data	no data
Antonio Guimarães	Investor Relations Officer	no data	no data	no data
Ygor Altero	Equity Research Analyst	no data	no data	no data

3.3yrs

Average Tenure

46yo

Average Age

Experienced Management: XP9's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Guilherme Dias Benchimol	Founder & Executive Chairman	5.1yrs	no data	no data
Bruno Constantino dos Santos	Advisor & Director	4.8yrs	no data	no data
José Luiz Pedro	Independent Director	less than a year	no data	no data
Martin Escobari Lifchitz	Independent Director	4.8yrs	no data	no data
Oscar Herrero	Independent Director	less than a year	no data	no data
Melissa Werneck	Independent Director	less than a year	no data	no data
Gabriel da Rocha Leal	Director	4.8yrs	no data	no data
Bernardo Botelho	Director	4.8yrs	no data	no data
Joao Goncalves Teixeira	Independent Director	less than a year	no data	no data

4.8yrs

Average Tenure

50yo

Average Age

Experienced Board: XP9's board of directors are considered experienced (4.8 years average tenure).

XP Management

Management criteria checks 2/4

Key information

Recent management updates

XP Inc. Announces Chief Financial Officer Changes

XP Inc. Announces Chief Financial Officer Changes

XP Inc. Appoints Andr Parize as New Head of Investor Relations

XP Inc., Annual General Meeting, Oct 06, 2023

Less than half of directors are independent

XP Inc., Annual General Meeting, Oct 18, 2022

Recent updates

Second quarter 2024 earnings released: EPS: R$2.04 (vs R$1.85 in 2Q 2023)

XP Inc. to Report Q2, 2024 Results on Aug 13, 2024

XP Inc. (NasdaqGS:XP) announces an Equity Buyback for BRL 1,000 million worth of its shares.

New minor risk - Shareholder dilution

Now 27% undervalued after recent price drop

New minor risk - Shareholder dilution

XP Inc. to Report Q1, 2024 Results on May 21, 2024

XP Inc. Announces Chief Financial Officer Changes

XP Inc. Announces Chief Financial Officer Changes

Full year 2023 earnings released: EPS: R$7.11 (vs R$6.44 in FY 2022)

Now 21% undervalued

XP Inc. to Report Q4, 2023 Results on Feb 27, 2024

Suno Group acquired Eleven Financial Research from XP Inc. (NasdaqGS:XP).

Upcoming dividend of US$0.73 per share at 6.3% yield

XP Inc. Appoints Andr Parize as New Head of Investor Relations

XP Inc. Approves Cash Dividend, Payable on December 22, 2023

XP Inc. to Report Q3, 2023 Results on Nov 13, 2023

XP Inc., Annual General Meeting, Oct 06, 2023

XP Inc. Approves Cash Dividend, Payable on September 25, 2023

XP Inc. Approves Cash Dividend, Payable on September 25, 2023

Investor sentiment improves as stock rises 17%

Second quarter 2023 earnings released: EPS: R$1.74 (vs R$1.63 in 2Q 2022)

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 18%

Investor sentiment deteriorates as stock falls 17%

XP Inc. Provides Earnings Guidance for the Full Year 2023

Full year 2022 earnings released: EPS: R$6.44 (vs R$6.42 in FY 2021)

XP Inc. to Report Q4, 2022 Results on Feb 16, 2023

Less than half of directors are independent

XP Inc. (NasdaqGS:XP) announces an Equity Buyback for 5,500,000 shares, for $105 million.

Third quarter 2022 earnings released

Investor sentiment improved over the past week

XP Inc. to Report Q3, 2022 Results on Nov 08, 2022

Investor sentiment deteriorated over the past week

XP Inc., Annual General Meeting, Oct 18, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released

Investor sentiment improved over the past week

XP Inc. to Report Q2, 2022 Results on Aug 09, 2022

Investor sentiment deteriorated over the past week

XP Inc. (NasdaqGS:XP) announces an Equity Buyback for BRL 1,000 million worth of its shares.

First quarter 2022 earnings released

Less than half of directors are independent

Mubadala Investment Co, State Power Investment, Vibra and XP Reportedly Eye Castlelake Renewable Unit Ibitu

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

XP Inc. (NasdaqGS:XP) acquired 20% stake in Etrnity Holding S.A.

XP Inc. (NasdaqGS:XP) entered into an agreement to acquire an unknown minority stake in Suno Group.

Third quarter 2021 earnings released: EPS R$1.67 (vs R$0.98 in 3Q 2020)

Investor sentiment deteriorated over the past week

XP Inc. completed the acquisition of an unknown minority stake in Capitânia Investimentos.

Second quarter 2021 earnings released: EPS R$1.67 (vs R$0.98 in 2Q 2020)

XP Inc. (NasdaqGS:XP) agreed to acquire an unknown minority stake in Capitânia Investimentos.

XP Inc. (NasdaqGS:XP) signed an agreement to acquire a minority stake in Giant Steps.

XP Reportedly Approached Credit Suisse About Buying Its Brazil Subsidiary

First quarter 2021 earnings released: EPS R$1.31 (vs R$0.72 in 1Q 2020)

XP Inc. Promotes Thiago Maffra to CEO

XP Inc. Announces Guilherme Benchimol Will Take on the New Role of Executive Chairman, Effective May 12, 2021

Full year 2020 earnings released: EPS R$3.76 (vs R$2.11 in FY 2019)

Revenue misses expectations

XP Inc. to Report Q4, 2020 Results on Feb 23, 2021

New 90-day high: €37.00

XP Inc. (NasdaqGS:XP) acquired Riza M&A.

Investor sentiment improved over the past week

XP Inc. has completed a Follow-on Equity Offering in the amount of $1.234541 billion.

New 90-day low: €31.80

XP Inc. (NasdaqGS:XP) agreed to acquire 49.9% stake in VPL Gestão Patrimonial e Participações S.A.

New 90-day low: €33.60

XP Inc. to Report Q3, 2020 Results on Nov 09, 2020