8-KLeadership ChangesExhibits & Filings

SOUTHERN COPPER CORP/ 8-K Report, Executive Changes (Apr 25, 2005)

Filed April 25, 2005For Securities:SCCO

Summary

Southern Copper Corp. (SCCO) filed an 8-K report on April 25, 2005, primarily to announce significant changes in its principal officer roles. The company reported the election of Xavier Garcia de Quevedo Topete as Executive Vice President and Chief Operating Officer, effective April 12, 2005. Mr. Topete brings extensive experience from various leadership positions within Grupo Mexico and its subsidiaries, including his recent role as President of Minera Mexico, S.A. de C.V. Additionally, the report details the appointment of José N. Chirinos Fano as Comptroller, who also serves as the principal accounting officer. Mr. Fano has a long tenure with Southern Copper, holding various financial and accounting roles for 38 years, most recently as Treasurer and Vice President of Finance of a key subsidiary. These executive appointments signal a potential shift in operational and financial leadership within the company.

Key Highlights

  • 1Xavier Garcia de Quevedo Topete appointed Executive Vice President and Chief Operating Officer (effective April 12, 2005).
  • 2José N. Chirinos Fano appointed Comptroller and principal accounting officer (effective April 12, 2005).
  • 3Mr. Topete has a background with Grupo Mexico, including President of Minera Mexico and leadership roles in railway operations.
  • 4Mr. Fano has 38 years of experience with Southern Copper in accounting, finance, and treasury roles.
  • 5The report includes a press release dated April 25, 2005, announcing these officer elections as Exhibit 99.1.

Frequently Asked Questions

The primary executive changes reported are the appointments of Xavier Garcia de Quevedo Topete as Executive Vice President and Chief Operating Officer, and José N. Chirinos Fano as Comptroller (principal accounting officer). Both appointments were effective April 12, 2005.

Mr. Topete, 58, has significant experience in mining and related industries. He has served as President of Minera Mexico, S.A. de C.V. since 2001 and has held various director and management positions within Grupo Mexico, including roles in exploration, development, and railway operations.

José N. Chirinos Fano, 63, has been appointed Comptroller. He brings 38 years of experience within Southern Copper, having held numerous positions in Accounting, Administration, and Finance. Most recently, he served as Treasurer and Vice President of Finance for Southern Peru Limited, a subsidiary.

This Form 8-K is being filed to report a material event concerning the departure or election of principal officers, specifically the appointments of Mr. Topete and Mr. Fano to key executive positions within the company. An accompanying press release detailing these changes is included as an exhibit.