x

Posted 09 February, 2023

PRICESMART INC appointed new CEO

CEO Change detected for ticker Nasdaq:PSMT in a 8-K filed on 09 February, 2023.


  On February 3, 2023, Juan Ignacio Biehl, Executive Vice President and Chief Technology Officer of PriceSmart, Inc., a Delaware corporation ("PriceSmart" or the "Company"), informed the Company's Interim Chief Executive Officer that he plans to resign to pursue other opportunities.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of PRICESMART INC
Retail/Wholesale • Mixed Retailing
PriceSmart, Inc. engages in the business of managing membership shopping warehouse club concepts to emerging and developing countries. It operates through the following geographical segments: United States Operations, Central American Operations, Caribbean Operations, and Colombia Operations. The Central America Operations segment includes Panama, Guatemala, Costa Rica, El Salvador, Honduras, and Nicaragua. The Caribbean Operations segment focuses on Dominican Republic, Aruba, Barbados, Trinidad, U.S. Virgin Islands, and Jamaica. The company was founded by Sol Price and Robert E. Price in 1994 and is headquartered in San Diego, CA.
Market Cap
$2.57B
View Company Details
PRICESMART INC by TradingView
Relevant filing section
ITEM 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


(b)Resignation of Named Executive Officer


On February 3, 2023, Juan Ignacio Biehl, Executive Vice President and Chief Technology Officer of PriceSmart, Inc., a Delaware corporation ("PriceSmart" or the "Company"), informed the Company's Interim Chief Executive Officer that he plans to resign to pursue other opportunities. The Company and Mr. Biehl have not set a last day of employment for Mr. Biehl, and the Company intends to work with Mr. Biehl on transition matters in the meantime.