Enrique Hirmas - LATAM Airlines Senior Vice President of Operations

President

Mr. Enrique Elsaca Hirmas serves as Senior Vice President of Operations of LATAM Airlines Group S.A. since October 2008. He was Senior Vice President of Strategic Planning of the Company between 2004 and 2008. He also was Manager of Real Estate and Development of Cencosud. From 1997 to 1999, he worked at Booz Allen and Hamilton in Latin America. From 1991 to 1995, he held various positions in Esso Chile, a subsidiary of Exxon. He holds a degree in Industrial Engineering from Ponitificia Universidad Catolica de Chile and an MBA degree from Massachusetts Institute of Technology. since 2008.
Tenure 16 years
Professional MarksMBA
Phone56 2 565 2525
Webhttp://www.latamairlinesgroup.net

LATAM Airlines Management Efficiency

The company has Return on Asset of 1.79 % which means that on every $100 spent on assets, it made $1.79 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 18.5 %, implying that it generated $18.5 on every 100 dollars invested. LATAM Airlines' management efficiency ratios could be used to measure how well LATAM Airlines manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 9.1 B in debt with debt to equity (D/E) ratio of 2.57, meaning that the company heavily relies on borrowing funds for operations. LATAM Airlines Group has a current ratio of 0.48, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist LATAM Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, LATAM Airlines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LATAM Airlines Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LATAM to invest in growth at high rates of return. When we think about LATAM Airlines' use of debt, we should always consider it together with cash and equity.

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Latam Airlines Group S.A., together with its subsidiaries, offer passenger and cargo air transportation services in America, Europe, and Oceania. LATAM Airlines Group (LFL) is traded on New York Stock Exchange in USA and employs 46,862 people.

Management Performance

LATAM Airlines Group Leadership Team

Elected by the shareholders, the LATAM Airlines' board of directors comprises two types of representatives: LATAM Airlines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LATAM. The board's role is to monitor LATAM Airlines' management team and ensure that shareholders' interests are well served. LATAM Airlines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LATAM Airlines' outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Levy, Director of Investor Relations
Marco Bologna, TAM CEO
Enrique Plaza, CEO
Nicolas Hirmas, Independent Director
Mauricio Amaro, Chairman of the Board
Roberto Milosawlewitsch, Chief Corporate Officer
Ignacio Plaza, LAN Airlines CEO
Juan Mencio, Senior Vice President of Legal Affairs and Compliance
Juan Plaza, Director
Carlos Solari, Director
Claudia Sender, President of TAM
Jerome Cadier, Chief Marketing Officer
Ramon Kadis, Director
Emilio Sota, Sr. VP of HR
Enrique Hirmas, Senior Vice President of Operations
Andres Osorio, CFO
Antonio Manso, Director
Hernan Pasman, COO
Francisco Lopez, Director
Henri Reichstul, Director
Cristian Larrain, Senior Vice President of Cargo Operations
Eduardo Castellon, Independent Director
Ricardo Caballero, Director
Ramiro Balza, CFO
Juan Miranda, Director
Georges Arndt, Independent Director
Armando Montes, President
Giles Agutter, Director

LATAM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LATAM Airlines a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LATAM Airlines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LATAM Airlines' short interest history, or implied volatility extrapolated from LATAM Airlines options trading.

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Note that the LATAM Airlines Group information on this page should be used as a complementary analysis to other LATAM Airlines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in LATAM Stock

If you are still planning to invest in LATAM Airlines Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LATAM Airlines' history and understand the potential risks before investing.
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