Marcos Galperin is the CEO and co-founder of MercadoLibre, a massive online marketplace in Latin America. He started the company in 1999 and has grown it into the largest e-commerce platform in the region. Before MercadoLibre, he worked at J.P....
Marcos Galperin is the CEO and co-founder of MercadoLibre, a massive online marketplace in Latin America. He started the company in 1999 and has grown it into the largest e-commerce platform in the region. Before MercadoLibre, he worked at J.P. Morgan in New York and at YPF, managing financial risks related to oil and currency. Galperin’s education includes an MBA from Stanford and a degree from the Wharton School, showing he has a solid background in business and finance. Besides his role at MercadoLibre, he serves on the boards of organizations like Endeavor, which helps entrepreneurs, and Globant, a tech services company. In 2023, his total compensation was over $9.5 million, nearly double what he earned in 2022, driven by bonuses linked to company performance. Notably, he hasn't received stock or option grants in recent years, focusing on cash incentives instead. This approach highlights his dedication to aligning his goals with the company's success. Through his leadership, MercadoLibre continues to be a key player in the e-commerce and fintech space in Latin America.