Liberty Latin America Management

Management criteria checks 2/4

Liberty Latin America's CEO is Balan Nair, appointed in Dec 2017, has a tenure of 6.92 years. total yearly compensation is $16.16M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 1.41% of the company’s shares, worth $19.51M. The average tenure of the management team and the board of directors is 6.9 years and 6.9 years respectively.

Key information

Balan Nair

Chief executive officer

US$16.2m

Total compensation

CEO salary percentage	9.3%
CEO tenure	6.9yrs
CEO ownership	1.4%
Management average tenure	6.9yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Balan Nair's remuneration changed compared to Liberty Latin America's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$582m
Jun 30 2024	n/a	n/a	-US$86m
Mar 31 2024	n/a	n/a	-US$8m
Dec 31 2023	US$16m	US$2m	-US$74m
Sep 30 2023	n/a	n/a	US$168m
Jun 30 2023	n/a	n/a	US$184m
Mar 31 2023	n/a	n/a	-US$317m
Dec 31 2022	US$16m	US$2m	-US$171m
Sep 30 2022	n/a	n/a	-US$921m
Jun 30 2022	n/a	n/a	-US$921m
Mar 31 2022	n/a	n/a	-US$446m
Dec 31 2021	US$38m	US$1m	-US$441m
Sep 30 2021	n/a	n/a	US$150m
Jun 30 2021	n/a	n/a	-US$11m
Mar 31 2021	n/a	n/a	-US$412m
Dec 31 2020	US$16m	US$1m	-US$687m
Sep 30 2020	n/a	n/a	-US$616m
Jun 30 2020	n/a	n/a	-US$496m
Mar 31 2020	n/a	n/a	-US$219m
Dec 31 2019	US$13m	US$1m	-US$106m
Sep 30 2019	n/a	n/a	-US$355m
Jun 30 2019	n/a	n/a	-US$416m
Mar 31 2019	n/a	n/a	-US$342m
Dec 31 2018	US$13m	US$1m	-US$345m
Sep 30 2018	n/a	n/a	-US$513m
Jun 30 2018	n/a	n/a	-US$831m
Mar 31 2018	n/a	n/a	-US$817m
Dec 31 2017	US$5m	n/a	-US$778m

Compensation vs Market: Balan's total compensation ($USD16.16M) is above average for companies of similar size in the UK market ($USD2.15M).

Compensation vs Earnings: Balan's compensation has increased whilst the company is unprofitable.

CEO

Balan Nair (58 yo)

6.9yrs

Tenure

US$16,161,954

Compensation

Mr. Balan Nair serves as President, Chief Executive Officer and a Director of Liberty Latin America Ltd. at Liberty Global plc Since December 29, 2017. Mr. Nair served as Chief Technology & Innovation Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Fries	Executive Chairman	6.9yrs	US$462.73k	0.46% $ 6.3m
Balan Nair	President	6.9yrs	US$16.16m	1.41% $ 19.5m
Christopher Noyes	Senior VP & CFO	6.9yrs	US$4.33m	0.37% $ 5.1m
Aamir Hussain	Senior VP and Chief Technology & Product Officer	2.6yrs	US$4.07m	0.12% $ 1.6m
John Winter	Senior VP	6.9yrs	US$3.74m	0.20% $ 2.8m
Rocio Lorenzo	Senior VP and GM of Cable & Wireless Panama	3.3yrs	US$3.06m	0.084% $ 1.2m
Brian Zook	Chief Accounting Officer	no data	no data	0.048% $ 668.8k
Kunal Patel	Vice President of Investor Relations	no data	no data	no data
Michael Coakley	VP & Head of Communications	no data	no data	no data
Kerry Scott	Chief People Officer & Senior VP	no data	no data	no data
Ray Collins	Senior VP of Infrastructure & Corporate Strategy	no data	no data	no data
Inge Smidts	Senior Vice President of Caribbean Markets	3.8yrs	no data	no data

6.9yrs

Average Tenure

53yo

Average Age

Experienced Management: 0MDR's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Fries	Executive Chairman	6.9yrs	US$462.73k	0.46% $ 6.3m
Balan Nair	President	6.9yrs	US$16.16m	1.41% $ 19.5m
John Malone	Director Emeritus	4.9yrs	US$165.25k	5.65% $ 78.0m
Charles Henry Bracken	Independent Director	6.9yrs	US$250.34k	0.049% $ 672.6k
Alfonso de Angoitia Noriega	Independent Director	6.9yrs	US$260.53k	0.049% $ 671.9k
Paul Gould	Independent Director	6.9yrs	US$280.78k	0.40% $ 5.6m
Miranda T. Curtis	Independent Director	6.9yrs	US$277.84k	0.039% $ 544.6k
Eric Zinterhofer	Independent Director	6.9yrs	US$260.34k	0% $ 0
Brendan Paddick	Independent Director	6.9yrs	US$260.34k	1.59% $ 22.0m
Daniel Sanchez	Independent Director	4.9yrs	US$247.84k	0.023% $ 313.6k
Roberta Jacobson	Independent Director	2.5yrs	US$250.34k	0.016% $ 223.8k

6.9yrs

Average Tenure

61yo

Average Age

Experienced Board: 0MDR's board of directors are considered experienced (6.9 years average tenure).

Liberty Latin America Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently bought US$1.9m worth of stock

Independent Director recently bought US$3.6m worth of stock

Liberty Latin America Ltd., Annual General Meeting, May 21, 2024

Independent Director recently bought US$1.2m worth of stock

Liberty Latin America Announces Executive Team Changes

Chief Technology & Product Officer recently bought US$90k worth of stock

Recent updates

New minor risk - Share price stability

Third quarter 2024 earnings released: US$2.22 loss per share (vs US$0.29 profit in 3Q 2023)

Liberty Latin America Ltd. to Report Q3, 2024 Results on Nov 06, 2024

Forecast breakeven date pushed back to 2025

Liberty Latin America Ltd. (NasdaqGS:LILA) completed the acquisition of DISH spectrum assets in Puerto Rico and the United States Virgin Islands from DISH Network L.L.C.

Independent Director recently bought US$1.9m worth of stock

Second quarter 2024 earnings released: US$0.22 loss per share (vs US$0.09 profit in 2Q 2023)

Liberty Latin America Ltd. (NasdaqGS:LILA) entered into an agreement to acquire operations in Costa Rica from Millicom International Cellular S.A. (NasdaqGS:TIGO).

Liberty Latin America Ltd. to Report Q2, 2024 Results on Aug 06, 2024

Independent Director recently bought US$3.6m worth of stock

Forecast breakeven date moved forward to 2024

Liberty Latin America Ltd. (NasdaqGS:LILA) announces an Equity Buyback for $200 million worth of its shares.

First quarter 2024 earnings released: US$0.003 loss per share (vs US$0.23 loss in 1Q 2023)

Liberty Latin America Ltd. to Report Q1, 2024 Results on May 07, 2024

Liberty Latin America Ltd., Annual General Meeting, May 21, 2024

Independent Director recently bought US$1.2m worth of stock

Liberty Latin America Announces Launch of Direct Routing Service for Microsoft Teams Phone Across Central America and the Caribbean

Forecast breakeven date pushed back to 2025

Full year 2023 earnings released: US$0.35 loss per share (vs US$0.77 loss in FY 2022)

Liberty Latin America Ltd. to Report Fiscal Year 2023 Results on Feb 22, 2024

Liberty Latin America Announces Executive Team Changes

Third quarter 2023 earnings released

Liberty Latin America Ltd. (NasdaqGS:LILA) signed an agreement to acquire DISH spectrum assets in Puerto Rico and the United States Virgin Islands from DISH Network L.L.C. for approximately $260 million.

Liberty Latin America Ltd. (NasdaqGS:LILA) signed an agreement to acquire DISH spectrum assets in Puerto Rico and the United States Virgin Islands from DISH Network L.L.C. for $256 million.

Liberty Latin America Ltd. to Report Q3, 2023 Results on Oct 31, 2023

New major risk - Revenue and earnings growth

New major risk - Financial position

Second quarter 2023 earnings released

Liberty Latin America Ltd. to Report Q2, 2023 Results on Aug 08, 2023

Liberty Latin America Ltd. (NasdaqGS:LILA) announces an Equity Buyback for $200 million worth of its shares.

Forecast breakeven date pushed back to 2024

First quarter 2023 earnings released

Forecast breakeven date moved forward to 2023

Forecast breakeven date pushed back to 2024

Forecast breakeven date pushed back to 2024

Full year 2022 earnings released

Liberty Latin America Ltd. to Report Q4, 2022 Results on Feb 22, 2023

Forecast breakeven date pushed back to 2024

Liberty Latin America Ltd. to Report Q3, 2022 Results on Nov 08, 2022

Second quarter 2022 earnings released: US$2.13 loss per share (vs US$0.019 profit in 2Q 2021)

Liberty Latin America Ltd. to Report Q2, 2022 Results on Aug 03, 2022

Chief Technology & Product Officer recently bought US$90k worth of stock

Liberty Latin America Ltd. Appoints Roberta Jacobson to the Board of Directors

First quarter 2022 earnings released: EPS: US$0.37 (vs US$0.38 in 1Q 2021)

Liberty Latin America Appoints Aamir Hussain as Chief Technology and Product Officer

Liberty Latin America Ltd., Annual General Meeting, May 17, 2022

Senior VP recently sold US$394k worth of stock

Independent Director recently bought US$150k worth of stock

Liberty Latin America Ltd. (NasdaqGS:LILA) announces an Equity Buyback for $100 million worth of its shares.

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

Liberty Latin America Ltd. to Report Fiscal Year 2021 Results on Feb 22, 2022

Independent Director recently bought US$178k worth of stock

Senior VP & CFO recently bought US$57k worth of stock

Senior VP & CFO recently bought US$57k worth of stock

Third quarter 2021 earnings released

Forecast to breakeven in 2021

Second quarter 2021 earnings released: EPS US$0.019 (vs US$2.15 loss in 2Q 2020)

Forecast breakeven moved forward to 2021

First quarter 2021 earnings released: EPS US$0.38 (vs US$0.98 loss in 1Q 2020)

Liberty Latin America Ltd. Announces Changes to Executive Team

Full year 2020 earnings released: US$3.51 loss per share (vs US$0.43 loss in FY 2019)

Revenue beats expectations

Liberty Latin America Ltd. to Report Fiscal Year 2020 Results on Feb 28, 2021

Telefonica Departure Plans in Latin America

Claro and Liberty Latam Reportedly Among Possible Buyers for Telefónica Operations

Liberty Latin America Ltd. has completed a Follow-on Equity Offering in the amount of $349.999994 million.

CEO Compensation Analysis

CEO

Tenure