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Brink’s Announces Guillermo Peschard Mijares as EVP and President, Brink’s Latin America (LATAM) 

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Brink's Company (NYSE:BCO) has appointed Guillermo Peschard Mijares as executive vice president and president of Brink's Latin America (LATAM), effective December 2, 2024. Peschard joins from PepsiCo, where he served as senior vice president of Global Strategic Cost Transformation and previously as chief strategy officer for Latin America. His prior experience includes leadership roles at Walmart Mexico and Central America as GM & SVP of Financial Services and Chairman of Banco Walmart. The appointment aims to leverage Peschard's expertise in transformative growth, operational excellence, and strategic innovation to strengthen Brink's LATAM operations.

Brink's Company (NYSE:BCO) ha nominato Guillermo Peschard Mijares come vicepresidente esecutivo e presidente della Brink's America Latina (LATAM), a partire dal 2 dicembre 2024. Peschard arriva da PepsiCo, dove ha ricoperto il ruolo di vicepresidente senior per la Trasformazione Strategica dei Costi Globali e in precedenza è stato chief strategy officer per l'America Latina. La sua esperienza precedente include ruoli di leadership in Walmart Messico e America Centrale come GM e SVP dei Servizi Finanziari e Presidente di Banco Walmart. Questa nomina mira a sfruttare l'expertise di Peschard nella crescita trasformativa, nell'eccellenza operativa e nell'innovazione strategica per rafforzare le operazioni di Brink's in LATAM.

Brink's Company (NYSE:BCO) ha nombrado a Guillermo Peschard Mijares como vicepresidente ejecutivo y presidente de Brink's América Latina (LATAM), con efecto a partir del 2 de diciembre de 2024. Peschard proviene de PepsiCo, donde se desempeñó como vicepresidente senior de Transformación de Costos Estratégica Global y previamente fue director de estrategia para América Latina. Su experiencia anterior incluye roles de liderazgo en Walmart México y Centroamérica como GM y SVP de Servicios Financieros y Presidente de Banco Walmart. La nominación tiene como objetivo aprovechar la experiencia de Peschard en crecimiento transformador, excelencia operativa e innovación estratégica para fortalecer las operaciones de Brink's en LATAM.

브링크스 컴퍼니 (NYSE: BCO)Guillermo Peschard Mijares를 브링크스 라틴 아메리카 (LATAM)의 부사장 겸 회장으로 임명하며, 임기는 2024년 12월 2일부터 시작된다. Peschard는 펩시코에서 글로벌 전략 비용 변환의 수석 부사장으로 근무했으며, 이전에는 라틴 아메리카의 전략 책임자였다. 그의 이전 경험으로는 멕시코 및 중앙 아메리카에서 월마트의 GM 및 SVP로 재직하면서 금융 서비스와 Banco Walmart의 의장을 맡았던 역할이 포함된다. 이번 임명은 브링크스 LATAM의 운영을 강화하기 위해 Peschard의 변혁적 성장, 운영 우수성 및 전략적 혁신에 대한 전문성을 활용하는 것을 목표로 한다.

Brink's Company (NYSE: BCO) a nommé Guillermo Peschard Mijares au poste de vice-président exécutif et président de Brink's Amérique Latine (LATAM), avec effet à partir du 2 décembre 2024. Peschard rejoint l'entreprise en provenance de PepsiCo, où il était vice-président senior de la transformation des coûts stratégiques à l’échelle mondiale et auparavant directeur de la stratégie pour l’Amérique Latine. Son expérience antérieure comprend des postes de leadership chez Walmart au Mexique et en Amérique centrale en tant que GM et SVP des services financiers et Président de Banco Walmart. Cette nomination vise à tirer parti de l'expertise de Peschard en matière de croissance transformationnelle, d'excellence opérationnelle et d'innovation stratégique afin de renforcer les opérations de Brink's en LATAM.

Brink's Company (NYSE: BCO) hat Guillermo Peschard Mijares zum Executive Vice President und Präsidenten von Brink's Lateinamerika (LATAM) ernannt, ab dem 2. Dezember 2024. Peschard kommt von PepsiCo, wo er als Senior Vice President für die globale strategische Kostenumwandlung tätig war und zuvor als Chief Strategy Officer für Lateinamerika fungierte. Zu seinen früheren Erfahrungen gehören Führungspositionen bei Walmart Mexiko und Zentralamerika als GM und SVP für Finanzdienstleistungen sowie Chairman von Banco Walmart. Die Ernennung zielt darauf ab, Peschards Expertise in transformativem Wachstum, operativer Exzellenz und strategischer Innovation zu nutzen, um die LATAM-Operationen von Brink's zu stärken.

Positive
  • Strategic hire with proven track record in global cost transformation
  • Executive brings significant financial services and Latin American market expertise
  • Addition of experienced leader in operational excellence and strategic innovation
Negative
  • None.

Insights

This executive appointment, while notable given Peschard's background in financial services and strategic transformation at major companies like PepsiCo and Walmart, is not immediately impactful for investors. The Latin American market is significant for Brink's, representing a substantial portion of their global operations, but executive changes below CEO level typically don't drive immediate stock movements.

Peschard's experience in financial services transformation and cost management could benefit Brink's long-term strategy in the region, particularly in digital retail solutions and ATM managed services. However, any potential impact on operational performance and financial results will take time to materialize.

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: 
Media Relations 
469.549.6555


FAQ

When will Guillermo Peschard Mijares start as Brink's LATAM President (BCO)?

Guillermo Peschard Mijares will start as executive vice president and president of Brink's Latin America on December 2, 2024.

What was Guillermo Peschard's role before joining Brink's (BCO)?

Before joining Brink's, Peschard was senior vice president of Global Strategic Cost Transformation at PepsiCo and previously served as chief strategy and transformation officer for PepsiCo's Latin American business.

What is Brink's (BCO) business focus in 2024?

Brink's is a global provider of cash and valuables management, digital retail solutions (DRS), and ATM managed services (AMS).

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