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Francisco Velasco net worth and biography
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Francisco Velasco Biography and Net Worth

EVP of PriceSmart

Francisco Velasco has been Executive Vice President - Chief Legal Officer, Registered In-House Counsel, Chief Risk & Compliance Officer and Corporate Secretary of the Company since May 2024.  He served as Executive Vice President, General Counsel, Chief Ethics & Compliance Officer and Secretary of the Company from October 2016 to May 2024.  He joined the Company in July 2016 as Executive Vice President, General Counsel and Secretary. Prior to joining PriceSmart, Mr. Velasco served as Division Counsel Latin America for AbbVie Inc., a publicly traded global biopharmaceutical company. Previously, he held in-house legal roles at Abbott Laboratories, Hanes Brands Inc. and Sara Lee Corporation, and he began his career in private practice specializing in the Latin America region. Mr. Velasco serves as a member of the board of the PriceSmart Foundation, a California nonprofit public benefit corporation, which serves as the philanthropic partner for the Company, providing resources to organizations and institutions in the Company’s markets that support education, youth development, economic development or community resilience .Mr. Velasco attended law school in Mexico, has a Masters of Law degree from Georgetown University and has an MBA degree from Duke University.

What is Francisco Velasco's net worth?

The estimated net worth of Francisco Velasco is at least $6.94 million as of January 23rd, 2025. Velasco owns 79,008 shares of PriceSmart stock worth more than $6,940,853 as of March 31st. This net worth estimate does not reflect any other assets that Velasco may own. Additionally, Velasco receives a salary of $1,110,000.00 as EVP at PriceSmart. Learn More about Francisco Velasco's net worth.

How old is Francisco Velasco?

Velasco is currently 53 years old. There are 6 older executives and no younger executives at PriceSmart. The oldest executive at PriceSmart is Mr. Robert E. Price, Founder, Interim CEO & Chairman, who is 82 years old. Learn More on Francisco Velasco's age.

What is Francisco Velasco's salary?

As the EVP of PriceSmart, Inc., Velasco earns $1,110,000.00 per year. The highest earning executive at PriceSmart is Mr. John D. Hildebrandt, President & COO, who commands a salary of $1,700,000.00 per year. Learn More on Francisco Velasco's salary.

How do I contact Francisco Velasco?

The corporate mailing address for Velasco and other PriceSmart executives is 9740 SCRANTON ROAD, SAN DIEGO CA, 92121. PriceSmart can also be reached via phone at (858) 404-8800 and via email at ir@pricesmart.com. Learn More on Francisco Velasco's contact information.

Has Francisco Velasco been buying or selling shares of PriceSmart?

During the last quarter, Francisco Velasco has sold $50,183.10 in PriceSmart stock. Most recently, Francisco Velasco sold 555 shares of the business's stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $90.42, for a transaction totalling $50,183.10. Following the completion of the sale, the executive vice president now directly owns 79,008 shares of the company's stock, valued at $7,143,903.36. Learn More on Francisco Velasco's trading history.

Who are PriceSmart's active insiders?

PriceSmart's insider roster includes Sherry Bahrambeygui (Director), Ana Bianchi (EVP), Juan Biehl (EVP), Rodrigo Calvo (EVP- Real Estate and Construction), Jeffrey Fisher (Director), Gordon Hanson (Director), John Hildebrandt (President - COO), Paul Kovaleski (EVP – Chief Merchandising Officer), Michael McCleary (EVP & CFO), David Price (EVP and Chief Transformation Officer), Robert Price (Founder, Interim CEO & Chairman), Christopher Souhrada (EVP --Club Operations), Francisco Velasco (EVP), Jesus Von Chong (EVP– Local/Regional Merchandising), and Edgar Zurcher (Director). Learn More on PriceSmart's active insiders.

Are insiders buying or selling shares of PriceSmart?

During the last twelve months, insiders at the sold shares 32 times. They sold a total of 85,556 shares worth more than $7,473,418.46. The most recent insider tranaction occured on February, 12th when Director Jeffrey Fisher sold 200 shares worth more than $19,004.00. Insiders at PriceSmart own 17.1% of the company. Learn More about insider trades at PriceSmart.

Information on this page was last updated on 2/12/2025.

Francisco Velasco Insider Trading History at PriceSmart

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Francisco Velasco Buying and Selling Activity at PriceSmart

This chart shows Francisco Velasco's buying and selling at PriceSmart by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$50ksoldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$200k$0$200kTotal Insider BuyingTotal Insider Selling

PriceSmart Company Overview

PriceSmart logo
PriceSmart, Inc. owns and operates U.S.-style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. The company provides basic and private label consumer products under the Member's Selection brand, including groceries, cleaning supplies, health and beauty aids, meat, produce, deli, seafood, and poultry. It offers electronics, large and small appliances, automotive, hardware, sporting goods, seasonal products, clothing, domestics, and home furnishing products. In addition, the company offers food and bakery services, as well as health services, such as optical, audiology, and pharmacy. Further, it operates an e-commerce platform for online ordering, curbside pickup, and delivery services. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
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Today's Range

Now: $87.85
Low: $85.12
High: $88.23

50 Day Range

MA: $89.00
Low: $82.40
High: $94.86

2 Week Range

Now: $87.85
Low: $77.51
High: $99.23

Volume

191,850 shs

Average Volume

178,534 shs

Market Capitalization

$2.69 billion

P/E Ratio

19.35

Dividend Yield

1.45%

Beta

0.84