Southern Copper Management

Management criteria checks 4/4

Southern Copper's CEO is Oscar Gonzalez Rocha, appointed in Dec 1999, has a tenure of 24.92 years. total yearly compensation is $1.17M, comprised of 37.3% salary and 62.7% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €13.54M. The average tenure of the management team and the board of directors is 11.5 years and 14.3 years respectively.

Key information

Oscar Gonzalez Rocha

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage	37.3%
CEO tenure	24.9yrs
CEO ownership	0.02%
Management average tenure	11.5yrs
Board average tenure	14.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Oscar Gonzalez Rocha's remuneration changed compared to Southern Copper's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3b
Jun 30 2024	n/a	n/a	US$3b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$1m	US$437k	US$2b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$1m	US$426k	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$3b
Dec 31 2021	US$1m	US$421k	US$3b
Sep 30 2021	n/a	n/a	US$3b
Jun 30 2021	n/a	n/a	US$3b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$1m	US$468k	US$2b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$2m	US$490k	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$2m	US$490k	US$2b
Sep 30 2018	n/a	n/a	US$962m
Jun 30 2018	n/a	n/a	US$995m
Mar 31 2018	n/a	n/a	US$885m
Dec 31 2017	US$1m	US$487k	US$729m

Compensation vs Market: Oscar's total compensation ($USD1.17M) is below average for companies of similar size in the German market ($USD4.87M).

Compensation vs Earnings: Oscar's compensation has been consistent with company performance over the past year.

CEO

Oscar Gonzalez Rocha (86 yo)

24.9yrs

Tenure

US$1,171,116

Compensation

Ing. Oscar Gonzalez Rocha serves as an Executive President of Americas Mining Corporation - Mining Division at Grupo México S.A.B. de C.V. He serves as an Executive President at Southern Peru Copper Corpor...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Oscar Gonzalez Rocha	President	24.9yrs	US$1.17m	0.017% € 13.5m
Raul Jacob Ruisanchez	VP of Finance	11.6yrs	US$408.65k	no data
Lina Vingerhoets Vilca	Comptroller	no data	US$236.39k	no data
Edgard Corrales Aguilar	Vice President of Exploration	11.3yrs	US$347.13k	no data
Julian Lazalde Psihas	Secretary	8.6yrs	US$443.25k	no data
Victor Pedraglio	Manager of Financial Planning & Investor Relations	no data	no data	no data
Andres Ferrero Ghislieri	Legal Manager	no data	no data	no data

11.5yrs

Average Tenure

64.5yo

Average Age

Experienced Management: PCU's management team is seasoned and experienced (11.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Oscar Gonzalez Rocha	President	25yrs	US$1.17m	0.017% € 13.5m
German Larrea Mota-Velasco	Chairman of the Board	25yrs	US$173.46k	0.048% € 37.6m
Enrique Luis Sanchez Mejorada	Independent Director	14.3yrs	US$203.46k	0.00036% € 280.2k
Carlos Ruiz Sacristan	Special Independent Director	20.8yrs	US$173.46k	0.0032% € 2.5m
Luis Palomino Bonilla	Special Independent Director	20.7yrs	US$203.46k	0.00033% € 256.8k
Vicente Ariztegui Andreve	Independent Director	6.6yrs	US$203.46k	0.00097% € 754.9k
Jose Valenzuela Rionda	Independent Director	less than a year	no data	0.00031% € 241.3k
Francisco Arrigunaga Gomez del Campo	Independent Director	less than a year	no data	0.00031% € 241.3k
Leonardo Contreras Lerdo de Tejada	Non-Independent Director	3.5yrs	US$173.46k	0.00092% € 716.0k

14.3yrs

Average Tenure

68yo

Average Age

Experienced Board: PCU's board of directors are seasoned and experienced ( 14.3 years average tenure).

Southern Copper Management

Management criteria checks 4/4

Key information

Recent management updates

Southern Copper Corporation Announces Resignation of Gilberto Perezalonso Cifuentes as Member of the Board of Directors

Southern Copper Corporation, Annual General Meeting, May 24, 2024

Special Independent Director recently sold €71k worth of stock

Insufficient new directors

Insufficient new directors

Southern Copper Corporation, Annual General Meeting, May 27, 2022

Recent updates

Dividend of US$0.70 announced

Southern Copper Corporation Announces Resignation of Gilberto Perezalonso Cifuentes as Member of the Board of Directors

Third quarter 2024 earnings released: EPS: US$1.15 (vs US$0.79 in 3Q 2023)

Southern Copper Corporation Announces Quarterly Cash Dividend of Common Stock, Payable on November 21, 2024

Now 23% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Now 26% overvalued after recent price rise

Now 20% overvalued

Dividend of US$0.60 announced

Second quarter 2024 earnings released: EPS: US$1.22 (vs US$0.70 in 2Q 2023)

Southern Copper Corporation Approves Quarterly Dividend, Payable on May 23, 2024

First quarter 2024 earnings released: EPS: US$0.95 (vs US$1.05 in 1Q 2023)

Southern Copper Corporation, Annual General Meeting, May 24, 2024

Investor sentiment improves as stock rises 21%

Upcoming dividend of US$0.80 per share at 4.9% yield

Full year 2023 earnings released: EPS: US$3.14 (vs US$3.41 in FY 2022)

Southern Copper Corporation Announces Dividend, Payable on February 29, 2024

Third quarter dividend of US$0.80 announced

Upcoming dividend of US$1.00 per share at 4.9% yield

Third quarter 2023 earnings released: EPS: US$0.80 (vs US$0.67 in 3Q 2022)

Southern Copper Corporation Authorizes Dividend, Payable on November 22, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of US$1.00 per share at 4.0% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.71 (vs US$0.56 in 2Q 2022)

Southern Copper Corporation(NYSE:SCCO) dropped from Russell 1000 Value-Defensive Index

Special Independent Director recently sold €71k worth of stock

Upcoming dividend of US$1.00 per share at 4.6% yield

First quarter 2023 earnings released: EPS: US$1.05 (vs US$1.02 in 1Q 2022)

Upcoming dividend of US$1.00 per share at 4.6% yield

Full year 2022 earnings released: EPS: US$3.41 (vs US$4.39 in FY 2021)

Southern Copper Corporation Announces Dividend, Payable on March 1, 2023

Insufficient new directors

Upcoming dividend of US$0.50 per share

Third quarter 2022 earnings released: EPS: US$0.67 (vs US$1.12 in 3Q 2021)

Southern Copper Corporation Announces Dividend, Payable on November 23, 2022

Upcoming dividend of US$0.75 per share

Southern Copper Corporation Provides Production Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: US$0.56 (vs US$1.21 in 2Q 2021)

Insufficient new directors

Southern Copper Corporation, Annual General Meeting, May 27, 2022

Southern Copper Corporation, Annual General Meeting, May 27, 2022

Southern Copper Corporation announced delayed annual 10-K filing

Upcoming dividend of US$1.00 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Southern Copper Corporation Announces Dividend, Payable on March 2, 2022

Now 20% undervalued

Upcoming dividend of US$1.00 per share

Third quarter 2021 earnings released: EPS US$1.12 (vs US$0.66 in 3Q 2020)

Upcoming dividend of US$0.90 per share

Independent Director Rafael Mac Gregor Anciola has left the company

Second quarter 2021 earnings released: EPS US$1.21 (vs US$0.34 in 2Q 2020)

Director Alfredo de Jesus Casar Perez has left the company

Director Alfredo de Jesus Casar Perez has left the company

Independent Director recently sold €59k worth of stock

Investor sentiment deteriorated over the past week

Independent Director recently sold €73k worth of stock

Investor sentiment improved over the past week

Upcoming dividend of US$0.70 per share

First quarter 2021 earnings released: EPS US$0.99 (vs US$0.28 in 1Q 2020)

Chairman of the Board recently sold €6.0m worth of stock

Full year 2020 earnings released: EPS US$2.03 (vs US$1.92 in FY 2019)

Revenue beats expectations

Chairman of the Board recently sold €1.3m worth of stock

Chairman of the Board recently sold €3.8m worth of stock

New 90-day high: €60.99

Upcoming Dividend of US$0.60 Per Share

Full year 2020 earnings released: EPS US$2.03 (vs US$1.92 in FY 2019)

Revenue beats expectations