Tennis
LEOPOLDO PARDAVELL
Finance & Economics
San Pedro
Summary
Executive with more than 25 years of national and international experience in retail, logistics, pharma, investment banking, private equity funds; successfully executing: Financial and operational restructures, Implementation of ERPs. IFRS, US GAAP,. Internal control. Negotiations with external entities (Banks, Investors -RI-, Rating Agencies, Law Firms, Audit Firms, Brokers, Insurers, CNBV, BM). M&As, Due Diligences, Data Rooms, Road Shows. Management of high stress and complexity environments to drive organizational changes. Appointed by “Mundo Ejecutivo” magazine one of the 50 most innovative CFOs
Overview
32
32
years of professional experience
2
2
Languages
Work History
Group CFO & Deputy CEO
GROUP FARMACIAS DEL AHORRO
06.2024 - Current
- Company Overview: Farmacias del Ahorro is the largest pharmacy retail company in Mexico with annual revenues of $60 billion pesos with more than 1800 units, 30k employees and an industrial and fintech divisions
- Implementation of IFRS
- Successful negotiation with banks to negotiate MX $4 billion pesos
- Reduction of 15% in cost of supplies
- Valuation of adquisition of laboratory USD $100M
- Creation of internal control area
- Negotiation of audits with SAT
CFO LATAM
EZCORP INC
10.2019 - 05.2024
- Company Overview: EZCORP is a public company listed in Nasdaq with presence in America, part of Europe and Australia
- Is one of the most important players in Pawn industry in the world
- Redefinition of financial statements in local and US GAAP for all region
- Reporting to Austin, TX
- Responsible of Latam Treasury and responsible of negotiations with international banks to support the capital needs for 500 units
- We opened in the region financial lines and the reception of credit cards
- Budget control in local and dollar currency in Latam
- Implementation of rolling forecast
- Responsible of compliance and SOX areas
- In 12 months we amended 85% of all observations made by the audit committee, in order to be aligned with Austin Team
- Member of the international audit, compliance and investment committees
- Monthly speaker at the Board in Austin to present the Latam financials results
- Implementation of New Point of Sale in El Salvador, Honduras
- Guatemala and Peru in process
- Reduction of 10% in cost of supplies due to the consolidated negotiation in LATAM
CFO
Tresalia -Private Equity Fund / Medistik Invested company
01.2017 - 04.2019
- Company Overview: Medistik is a 3PL specialized company (focused in pharmaceutical and chemical industries)
- Tresalia is one of the most important private equity funds in Mexico that controls several companies including Kio Networks, Abilia, Alliat, Medistik, and others in US
- Monthly and quarterly report to the Private Equity Fund, Board and Advisory committees
- Implementation of SAP, BI and Dashboards
- Management of assets (inventory, receivables fixed assets)
- Investment valuation projects (M&A and due diligence process)
- Management of budget, forecasting and financial planning as well as the profitability analysis of each unit
- Hegde strategies
- Control of cash flow and valuation of capital needs
- Adoption of IFRS
- Responsible for financial flexibility thru openness of term loan facilities and factoring with banks
- Redefinition of tax corporate strategies
- Reengineering of procurement department by product, cost and margin and integration of supply chain policies and cost reduction strategies
CFO
Corporativo Fragua SAB /Farmacia Guadalajara
01.2015 - 11.2016
- Company Overview: Farmacias Guadalajara is a Public Company listed in the BMV
- Operates more than 2,000 units in Mexico under the retail, food and pharmacy industry
- Annual Sales USD $2 Billion and more than 32,000 employees
- Quarterly report of financial statements to the Mexican Stock Exchange
- Management of assets (inventory, receivables, fixed assets)
- Implementation of Dynamics
- Investment Valuation projects (M&A and due diligence)
- Management of budget, forecasting and financial planning as well as the profitability analysis of each unit
- Adoption of IFRS for new business
- Control of cash flow and valuation of capital needs
- Change in cost accounting methodology
- Implementation of Business Intelligence (BI)
CFO
Taco Holding / Nexxus Private Equity Fund
01.2011 - 04.2014
- Company Overview: Taco Holding operates multibrands restaurants
- Monthly report of financial statements and direct relation with external auditors
- Control of cash flow and investment valuation projects
- Responsible for accounts payables & receivables, cost analysis per business and tax strategies
- Management of budget, forecasting and financial planning as well as the profitability analysis of each unit
- Responsible for the IT area that includes communication and infrastructure platform
- Analysis of Points of Sale per business and ERP solution
- Reengineering of purchase department by product, cost and margin and integration of supply chain policies and cost reduction strategies
- Monthly presentations to financial and risk committees
Corporate Treasurer
Controladora Comercial Mexicana
12.2009 - 12.2010
- Company Overview: Comercial Mexicana is a Public Company listed in the BMV
- Operates Costco Mexico, Beer Factory, Restaurants California, Comercial Mexicana formats, City Market and Fresko
- Sales USD $4.5 Billion and more than 40,000 employees
- As Corporate Treasurer I was successfully part of the team that completed the financial restructure (Concurso Mercantil) of USD $ 2 billion with corporate and investments banks as well as local and international bondholders
- I participated in the financial negotiation with NAFIN to obtain a financial line of USD $ 2 billion
- Likewise, I was responsible for the Implementation of oracle (in the finance area)
- This project involved the reengineering of financial process and controls
- In addition, I was responsible for: Investment valuation projects
- Management of budget, forecasting and financial planning as well as the profitability analysis of each unit
- Accounts payables and receivables
- Monthly and quarterly presentations to committees and the board of directors
- Control of cash flow (operative and investment)
- Relation with auditors, rating agencies, investors and media
- IFRS first time adoption
Corporate Treasurer & Finance VP
Grupo Gigante
01.2003 - 12.2008
- Company Overview: Grupo Gigante is a Public Company listed in the BMV
- Prior to the M&A deal with Soriana, Gigante owned and operated all the retail formats under Gigante concept, radio shack and office depot business, Toks casual dining restaurant chain, and the super precio brand
- Sales USD $3.5 billion and 25,000 employees
- During the late 90`s and mid 2000`s, Grupo Gigante faced a huge challenge in the retail market
- As public and listed company and far behind of the top financial metrics and market ratios from his competitors, Gigante did involve in a complete financial, commercial and operational revamping
- Successful renegotiations of syndicated structured loans facilities in 2004 and 2005 (MXP $2.3 and $2.7 billion)
- Fist time successful issuer at the international capital markets in NY and London (US $260 MM)
- With this issuance, we reduced the financial cost of capital MXP $120MM and capital outflows of MXP $100 MM (annual basis)
- Introduction of statistical and mathematical modelling for budgeting and forecasting for 250 stores nationwide
- Redesign of risk and insurance areas (property, casualty, medical expenses and benefits) with annual savings of MXP $20MM
- Reengineering of finance area with younger and talented managers (MBAs) and with technical and talented analysts
- Responsible for relationship with corporate and investment banks, rating agencies and insurances brokers
- Process of M&A with Soriana by US $1.35 billion
- Implementation of SAP and Balanced Scorecard
- IFR`s adoption
- Design, implementation and control of the cash and credit collection in 250 retail network stores
- Responsible for monthly and quarterly presentations to committees and board of directors
Associate in Corporate and Investment Banking
BBVA Bancomer
11.1996 - 01.2000
Finance Trainee and Operation Manager
Wal Mart Mexico
01.1993 - 11.1996
Education
MSc - Economics
University of Bristol
Post-Baccalaureate Diploma - Philosophy
Universidad Panamericana
Post-Baccalaureate Diploma - History
Universidad Iberoamericana
Business Administration and Finance - undefined
Universidad Iberoamericana
Skills
Corporate governance
Capital structure optimization
Business valuation techniques
Change management expertise
Investor relations management
Financial strategy development , M&A
Cost reduction strategies
Debt financing expertise
Quantitative analysis
Risk management
Academic Activities
- IBERO, International Finance, Investment Valuation Projects
- ITESM International Finance, Investment Valuation Projects
- ANAHUAC, International Finance, Investment Valuation Projects
Skills
- PC software packages including Office advanced level
- SAP
- Balanced Scorecard
- Stata
- E-Views
- Oracle
Children
2
Personal Information
- Citizenship: Mexican
- Date of Birth: 08/23/70
- Marital Status: Married
Interests
Golf
Opera
Reading
Timeline
Group CFO & Deputy CEO
GROUP FARMACIAS DEL AHORRO
06.2024 - Current
CFO LATAM
EZCORP INC
10.2019 - 05.2024
CFO
Tresalia -Private Equity Fund / Medistik Invested company
01.2017 - 04.2019
CFO
Corporativo Fragua SAB /Farmacia Guadalajara
01.2015 - 11.2016
CFO
Taco Holding / Nexxus Private Equity Fund
01.2011 - 04.2014
Corporate Treasurer
Controladora Comercial Mexicana
12.2009 - 12.2010
Corporate Treasurer & Finance VP
Grupo Gigante
01.2003 - 12.2008
Associate in Corporate and Investment Banking
BBVA Bancomer
11.1996 - 01.2000
Finance Trainee and Operation Manager
Wal Mart Mexico
01.1993 - 11.1996
Business Administration and Finance - undefined
Universidad Iberoamericana
MSc - Economics
University of Bristol
Post-Baccalaureate Diploma - Philosophy
Universidad Panamericana
Post-Baccalaureate Diploma - History
Universidad Iberoamericana
Similar Profiles
CLAUDIA MURILLOCLAUDIA MURILLO
Executive Strategic Director at FARMACIAS DEL AHORROExecutive Strategic Director at FARMACIAS DEL AHORRO
Brandon Yair Victoriano VazquezBrandon Yair Victoriano Vazquez
Análista De Gestión Operativa at Corporativo Farmacias Del AhorroAnálista De Gestión Operativa at Corporativo Farmacias Del Ahorro
Juan Miguel SanchezJuan Miguel Sanchez
Inventory Manager at Farmacias Del AhorroInventory Manager at Farmacias Del Ahorro