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People: First Majestic Silver Corp (FR.TO)

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Palacios, Martin 

Mr. Martin Ernesto Palacios, MBA, CMC, has been appointed as Chief Transformation Officer of First Majestic Silver Corp., with effect from 6 April 2015. Mr. Palacios brings over 20 years of information technology experience to First Majestic, including over three years with Goldcorp, a senior gold producer, where he held the position of Director of Global Applications and IT (Mexico Region). During his tenure at Goldcorp, he created and implemented the global applications framework for most of Goldcorp's sites, standardized and automated consolidation process. Mr. Palacios was also responsible for prototyping Goldcorp's business intelligence strategy. In addition to his experience with Goldcorp, Mr. Palacios has consulted for Gemcom Software (a mining solution vendor), provided advisory services to the Jimmy Pattison Group across their portfolio of companies and led the western region IT effectiveness practice for KPMG. He was also previously the Chief Information Officer of Pivotal Corporation and the Vice President of Information Technology for Seagate Software.

Basic Compensation

Total Annual Compensation, USD 308,320
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD 480,931
Fiscal Year Total, USD 789,251

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --