Millicom International Cellular S.A.

NasdaqGS:TIGO Stock Report

Mkt Cap: US$3.0b

Millicom International Cellular Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average management tenure

CEO

Mauricio Ramos Borrero (54 yo)

2.67yrs

Tenure

US$19,515,974

Compensation

Mr. Mauricio Ramos Borrero serves as Chairman of the Board at Cable Onda, S.A. and its Director since December 13, 2018. He has been the Chief Executive Officer of Millicom International Cellular S.A. (for...

CEO Compensation Analysis

How has Mauricio Ramos Borrero's remuneration changed compared to Millicom International Cellular's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$638m

Jun 30 2022n/an/a

US$696m

Mar 31 2022n/an/a

US$590m

Dec 31 2021US$20mUS$1m

US$590m

Sep 30 2021n/an/a

-US$94m

Jun 30 2021n/an/a

-US$160m

Mar 31 2021n/an/a

-US$182m

Dec 31 2020US$10mUS$1m

-US$332m

Compensation vs Market: Mauricio's total compensation ($USD19.52M) is above average for companies of similar size in the US market ($USD6.49M).

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

Leadership Team

NamePositionTenureCompensationOwnership
Mauricio Ramos Borrero
President7.83yrsUS$19.52m0.14%
$ 4.0m
Sheldon Bruha
Senior EVP & CFO0.83yrno datano data
Esteban Iriarte
Executive VP & COO6.5yrsno data0.027%
$ 792.4k
Bart Vanhaeren
Vice President of Corporate Financeno datano datano data
Xavier Rocoplan
Executive VP and Chief Technology & Information Officer10.17yrsno data0.057%
$ 1.7m
Bruno Nieuwland
Chief Administrative Officerno datano datano data
Michel Morin
Vice President of Investor Relations5.92yrsno datano data
Salvador Escalon
Executive VP9.92yrsno data0.029%
$ 860.3k
Vivian Kobeh
Corporate Communications Directorno datano datano data
Susy Bobenrieth
Executive VP & Chief Human Resources Officer5.33yrsno data0.0027%
$ 78.6k
Karim Lesina
Executive VP & Chief External Affairs Officerno datano datano data
Justine Dimovic
VP of Finance & Group Treasurer8.83yrsno datano data

7.2yrs

Average Tenure

50yo

Average Age

Experienced Management: TIGO's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mauricio Ramos Borrero
President2.67yrsUS$19.52m0.14%
$ 4.0m
Mercedes Johnson
Independent Non-Executive Director3.75yrsUS$207.50k0.0048%
$ 141.7k
Jose Antonio Rios Garcia
Independent Non-Executive Chairman of the Board5.75yrsUS$300.00k0.011%
$ 323.4k
B. Jarnheimer
Independent Non-Executive Director1.75yrsUS$162.50k0.0045%
$ 132.8k
Bruce Churchill
Independent Non-Executive Director1.75yrsUS$172.50k0.0015%
$ 45.1k
Tomas Eliasson
Non-Executive Director0.75yrUS$195.00kno data
Pernille Erenbjerg
Independent Non-Executive Deputy Chairman4.08yrsUS$250.00k0.0076%
$ 224.4k
James Thompson
Independent Non-Executive Director4.08yrsUS$185.00k0.0091%
$ 270.1k
Odilon Almeida
Independent Non-Executive Director7.75yrsUS$175.00k0.0067%
$ 199.5k

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: TIGO's board of directors are considered experienced (3.8 years average tenure).