Business Context and Reporting Period
This Form 8-K filing by Southern Copper Corporation reports a corporate governance event dated October 27, 2011. The report was filed on October 28, 2011, and pertains to the appointment of a new senior financial officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Mr. Raul Jacob as the Company's Comptroller. He replaces Mr. Jose N. Chirinos, who retired on September 18, 2011.
Management Commentary and Background
Mr. Jacob, aged 53, has been with the Company since 1992, holding various positions in financial planning, corporate finance, and investor relations. Prior to this appointment, he served as the Director of Controller and Finance for the Company's Peruvian Branch starting in September 2011. He holds a BS and Professional Degree in Economics from Universidad del Pacífico, a MA in Economics from the University of Texas at Austin, and a Diploma in Applied International Management from the Stockholm School of Economics.
Investor Verification Points
- Confirm the effective date of Mr. Jacob's appointment as Comptroller.
- Verify the retirement date of the predecessor, Mr. Jose N. Chirinos.
- Review the Company's most recent 10-K or 10-Q for financial metrics not included in this 8-K.