Guillermo Peschard Mijares appointed executive vice president and president of Brink's Latin America, effective December 2, 2024.
Quiver AI Summary
The Brink's Company has announced the appointment of Guillermo Peschard Mijares as executive vice president and president of Brink's Latin America, effective December 2, 2024. Peschard, who previously held senior roles at PepsiCo focusing on global strategic transformation and at Walmart Mexico and Central America, will join Brink's executive leadership team and report to CEO Mark Eubanks. Eubanks highlighted Peschard's extensive experience in driving growth and operational excellence, stating his leadership will enhance Brink's efforts in Latin America. Peschard expressed enthusiasm for the opportunity to strengthen Brink's operations and deliver secure commerce solutions in the region.
Potential Positives
- Appointment of Guillermo Peschard Mijares as executive vice president and president of Brink's Latin America is expected to enhance leadership and strategic direction in a key growth region.
- Peschard brings extensive experience from PepsiCo and Walmart, indicating strong expertise in driving transformation and operational excellence.
- His focus on improving customer value propositions and building strategic partnerships may lead to increased profitability and shareholder value for Brink's.
- The recognition of Latin America as a region with significant opportunities suggests potential for business expansion and innovation in Brink's offerings.
Potential Negatives
- The announcement of a new executive appointment may signal instability or leadership challenges within Brink's, raising questions about the effectiveness of its current management team.
- The departure of a senior leader from a major company like PepsiCo could imply that Brink’s is struggling to attract talent from top-tier organizations, potentially indicating issues in its corporate culture or value proposition.
- The press release emphasizes the need for operational improvement and transformation, which may suggest that Brink’s is currently facing significant challenges that require urgent attention to remain competitive in the market.
FAQ
Who is the new executive vice president of Brink's Latin America?
Guillermo Peschard Mijares has been appointed as the executive vice president and president of Brink's Latin America effective December 2, 2024.
What experience does Guillermo Peschard have?
Peschard previously served as senior vice president at PepsiCo and held key roles at Walmart Mexico and Central America.
What role will Guillermo Peschard play at Brink's?
He will drive transformative growth and operational excellence as part of the executive leadership team at Brink's.
What are Brink's core services?
Brink’s provides cash and valuables management, digital retail solutions, and ATM managed services globally.
How can I learn more about Brink's company?
For more information about Brink's, you can visit their website at www.brinks.com or call 804-289-9709.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
RICHMOND, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions (DRS), and ATM managed services (AMS), today announced that Guillermo Peschard Mijares will be appointed executive vice president and president of Brink’s Latin America (LATAM), effective December 2, 2024. Peschard will join the executive leadership team and report to Mark Eubanks, president and chief executive officer.
Peschard joins Brink’s from PepsiCo where he served as senior vice president of Global Strategic Cost Transformation and previously as chief strategy and transformation officer for their Latin American business. Prior to PepsiCo, he worked at Walmart Mexico and Central America where he was GM & SVP of their Financial Services business and served as Chairman of the Board of Banco Walmart.
“Guillermo’s proven track record of guiding global organizations through transformative growth, operational excellence, and strategic innovation will be an immense benefit to Brink's as we continue our transformation,” said Eubanks. “His reputation for building and leading world-class teams, for improving customer value propositions to drive profitable growth, and for establishing strategic partnerships that deliver sustained shareholder value will be beneficial to both our Latin American business and the broader organization.”
“I’m excited to join Brink’s as we continue building secure commerce solutions for our customers across Latin America,” said Peschard. “The region is ripe with opportunity, and I look forward to improving our operational excellence, in partnership with our customers and employees, to strengthen the Brink’s business for the future."
About The Brink’s Company
The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our network of operations in 52 countries serves customers in more than 100 countries. For more information, please visit our website at www.brinks.com or call 804-289-9709.
Contact:
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