Millicom International Cellular Management
Management criteria checks 2/4
Millicom International Cellular's CEO is Mauricio Ramos Borrero, appointed in Apr 2015, has a tenure of 8.92 years. total yearly compensation is $10.51M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $9.11M. The average tenure of the management team and the board of directors is 8 years and 0.8 years respectively.
Key information
Mauricio Ramos Borrero
Chief executive officer
US$10.5m
Total compensation
CEO salary percentage | 11.7% |
CEO tenure | 8.9yrs |
CEO ownership | 0.3% |
Management average tenure | 8yrs |
Board average tenure | less than a year |
Recent management updates
Recent updates
After Leaping 26% Millicom International Cellular S.A. (NASDAQ:TIGO) Shares Are Not Flying Under The Radar
Mar 28Millicom International Cellular S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Mar 15At US$18.10, Is Millicom International Cellular S.A. (NASDAQ:TIGO) Worth Looking At Closely?
Feb 29With Millicom International Cellular S.A. (NASDAQ:TIGO) It Looks Like You'll Get What You Pay For
Jan 25Millicom International Cellular Setting Up For A Great 2024
Jan 19Here's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of Return
Dec 09Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?
Nov 15Millicom International Cellular (NASDAQ:TIGO) Hasn't Managed To Accelerate Its Returns
Aug 21Millicom International Cellular (NASDAQ:TIGO) Has A Somewhat Strained Balance Sheet
Jul 28Millicom International Cellular (NASDAQ:TIGO) Has Some Way To Go To Become A Multi-Bagger
May 22Analyst Estimates: Here's What Brokers Think Of Millicom International Cellular S.A. (NASDAQ:TIGO) After Its First-Quarter Report
Apr 29Millicom International Cellular S.A.'s (NASDAQ:TIGO) Earnings Haven't Escaped The Attention Of Investors
Apr 18Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Mar 31Returns Are Gaining Momentum At Millicom International Cellular (NASDAQ:TIGO)
Feb 16Why Millicom International Cellular S.A. (NASDAQ:TIGO) Could Be Worth Watching
Jan 05Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Dec 15Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have Hit The Brakes
Sep 26Does Millicom International Cellular (NASDAQ:TIGO) Have A Healthy Balance Sheet?
Aug 29Should You Think About Buying Millicom International Cellular S.A. (NASDAQ:TIGO) Now?
Aug 02Millicom International Cellular S.A. GAAP EPS of $1.14, revenue of $1.47B
Jul 28Investors Met With Slowing Returns on Capital At Millicom International Cellular (NASDAQ:TIGO)
Jun 02Is Millicom International Cellular S.A. (NASDAQ:TIGO) Potentially Undervalued?
Apr 19Here's Why Millicom International Cellular (NASDAQ:TIGO) Is Weighed Down By Its Debt Load
Apr 01Robust Earnings May Not Tell The Whole Story For Millicom International Cellular (NASDAQ:TIGO)
Feb 18The Returns At Millicom International Cellular (NASDAQ:TIGO) Aren't Growing
Feb 15Millicom International Cellular (NASDAQ:TIGO) Has No Shortage Of Debt
Oct 15Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Paint A Concerning Picture
Aug 23Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky
Jul 01Investors Could Be Concerned With Millicom International Cellular's (NASDAQ:TIGO) Returns On Capital
May 07Millicom International Cellular (NASDAQ:TIGO) Has No Shortage Of Debt
Mar 16Is Millicom International Cellular S.A. (NASDAQ:TIGO) Popular Amongst Institutions?
Feb 23Reflecting on Millicom International Cellular's (NASDAQ:TIGO) Share Price Returns Over The Last Three Years
Feb 02CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$11m | US$1m | -US$86m |
Sep 30 2023 | n/a | n/a | US$34m |
Jun 30 2023 | n/a | n/a | US$4m |
Mar 31 2023 | n/a | n/a | US$39m |
Dec 31 2022 | US$11m | US$1m | US$64m |
Sep 30 2022 | n/a | n/a | US$666m |
Jun 30 2022 | n/a | n/a | US$724m |
Mar 31 2022 | n/a | n/a | US$618m |
Dec 31 2021 | US$20m | US$1m | US$618m |
Sep 30 2021 | n/a | n/a | -US$94m |
Jun 30 2021 | n/a | n/a | -US$160m |
Mar 31 2021 | n/a | n/a | -US$182m |
Dec 31 2020 | US$10m | US$1m | -US$284m |
Compensation vs Market: Mauricio's total compensation ($USD10.51M) is above average for companies of similar size in the US market ($USD6.35M).
Compensation vs Earnings: Mauricio's compensation has been consistent with company performance over the past year.
CEO
Mauricio Ramos Borrero (55 yo)
8.9yrs
Tenure
US$10,506,435
Compensation
Mr. Mauricio Ramos Borrero serves as Interim Executive Chairman of Millicom International Cellular S.A. since September 1, 2023. He serves as Chairman of the Board at Cable Onda, S.A. and its Director sinc...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Interim Executive Chairman | 8.9yrs | US$10.51m | 0.27% $ 9.1m | |
Senior EVP & CFO | 1.9yrs | US$3.05m | no data | |
President & COO | less than a year | no data | no data | |
Vice President of Corporate Finance | no data | no data | no data | |
Chief Commercial & Technology Officer | 11.3yrs | no data | 0.065% $ 2.2m | |
Chief Administrative Officer | no data | no data | no data | |
Vice President of Investor Relations | 7yrs | no data | no data | |
Executive VP | 11yrs | no data | 0.057% $ 1.9m | |
Director of Corporate Communications | no data | no data | no data | |
Executive VP & Chief External Affairs Officer | 3.3yrs | no data | 0.019% $ 640.2k | |
VP of Finance & Group Treasurer | 9.9yrs | no data | no data | |
Company Secretary | no data | no data | no data |
8.0yrs
Average Tenure
51yo
Average Age
Experienced Management: TIGO's management team is seasoned and experienced (8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Interim Executive Chairman | 3.8yrs | US$10.51m | 0.27% $ 9.1m | |
Independent Non-Executive Director | 2.8yrs | US$195.00k | 0.011% $ 359.6k | |
Independent Non-Executive Director | 1.8yrs | US$205.00k | 0.0075% $ 252.2k | |
Independent Non-Executive Deputy Chairman | 5.2yrs | US$260.00k | 0.024% $ 819.8k | |
Non-Executive Director | less than a year | US$172.50k | no data | |
Non-Executive Director | less than a year | no data | no data | |
Independent Non-Executive Director | less than a year | US$172.50k | no data | |
Independent Non-Executive Director | less than a year | US$182.50k | no data | |
Independent Director | less than a year | no data | no data |
0.8yrs
Average Tenure
55yo
Average Age
Experienced Board: TIGO's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.