Salvador Paiz
Salvador Paiz is President and
CEO of Teculután Investments,
Inc., the Paiz family investment
vehicle that holds its stake in
Wal-Mart Central America. He
has served as a member of the
WMT CA board since its
inception and as a member of
the Board Compensation
Committee.
Salvador was
actively involved as part of the
negotiating team that structured
the Joint Venture with Wal-Mart
Stores.
He also participates on the boards of:
- Central American Paper Group, a recycled-paper plant in El Salvador
- Innovative Commodities Group, a waste management and recycling company
- Grupo Glenan, a consumer goods distribution company based in Guatemala
- Consultores Comerciales, a commercial real-estate development company
with operations primarily in El Salvador and Honduras
Prior to moving back to Guatemala, Salvador worked in the financial sector in New
York. His experience includes Merchant Banking and Merger Arbitrage as part of
Credit Agricole Indosuez as well as Venture Capital as part of Chase Capital
Partners.
Salvador invests much of his free time as an activist in the improvement of
Guatemala's educational system. He leads FunSEPA as its President and heads the
Tecnología Para Educar Alliance. Under his leadership, the TPE alliance strives to
install computers in each of Guatemala's 17,000 public schools and has equipped
over 300 schools to date. FunSEPA also leads an ambitious and large-scale teacher
training initiative to bring Guatemalan public sector educators to the forefront of
modern educational practices. Salvador was an Electoral Board Member for the
Department of Guatemala during the recent 2007 elections and is a member of the
board of Businessmen for Education.
Salvador obtained his Bachelors degree with honors from the Wharton School at the
University of Pennsylvania and graduated as a Martin Trust Merit Scholar MBA from
the MIT Sloan School of Business. His econometric work on the topic of contagion
has been published.