Jean Michel Enriquez
About Jean Michel Enriquez
Jean Michel Enriquez serves as Assistant Secretary of The Mexico Fund, Inc. (MXF); he is 54, and has held the role during 2017–2019 and since 2022 . He is a Partner at Creel, García-Cuéllar, Aiza y Enríquez, S.C., a firm that serves as external counsel to the Fund alongside Thompson Hine LLP . The Fund’s proxy statements do not disclose his education, TSR, revenue, or EBITDA performance metrics tied to his role, and officers (other than CCO, CEO, Treasurer) are not paid by the Fund nor granted equity awards, limiting any pay-for-performance linkage for this position .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| The Mexico Fund, Inc. | Assistant Secretary | 2017–2019 | Not disclosed |
| The Mexico Fund, Inc. | Assistant Secretary | 2022–present | Not disclosed |
| Creel, García-Cuéllar, Aiza y Enríquez, S.C. | Partner | Not disclosed | Firm serves as Fund counsel |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Creel, García-Cuéllar, Aiza y Enríquez, S.C. | Partner | Not disclosed | External legal counsel to MXF (alongside Thompson Hine LLP) |
Fixed Compensation
| Component | Disclosure | Notes |
|---|---|---|
| Base Salary (Fund‐paid) | None | The Fund does not pay its officers for services, except CCO; CEO/Treasurer are paid by the Adviser |
| Cash Bonus | None | No officer cash bonus program disclosed |
| Equity Awards (RSUs/PSUs/Options) | None | “The Fund does not grant any options or any compensation plans to its officers” |
| Perquisites | Not disclosed | No officer perquisite disclosures for Assistant Secretary |
| CCO Compensation | Fund‐paid (portion) | CCO portion paid by Fund; included for context |
| CEO/Treasurer Compensation | Paid by Adviser | Not paid by the Fund |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not applicable | — | — | — | No performance‐based incentives disclosed for officers | No vesting schedules disclosed |
Equity Ownership & Alignment
| Item | Disclosure |
|---|---|
| Total beneficial ownership (shares) | Not disclosed for officers; proxy tables present directors’ holdings only |
| Ownership as % of shares outstanding | Not disclosed for Enriquez |
| Vested vs. unvested shares | Not disclosed for Enriquez |
| Options (exercisable vs. unexercisable) | None; Fund does not grant options to officers |
| Shares pledged as collateral | Not disclosed for Enriquez |
| Stock ownership guidelines | Director guidelines exist; no officer ownership guidelines disclosed |
| Compliance status with guidelines | Not applicable to Assistant Secretary |
Employment Terms
| Term | Disclosure |
|---|---|
| Employment start/tenure | Assistant Secretary during 2017–2019 and since 2022 |
| Contract term length/expiration | Not disclosed |
| Auto‐renewal | Not disclosed |
| Non‐compete / Non‐solicit | Not disclosed |
| Garden leave | Not disclosed |
| Severance provisions | Not disclosed |
| Change‐of‐control economics | Not disclosed |
| Clawback provisions | Not disclosed |
| Tax gross‐ups | Not disclosed |
| Post‐termination consulting | Not disclosed |
Additional Context (Fund Governance and Counsel Interlocks)
- The Fund lists Creel, García-Cuéllar, Aiza y Enríquez, S.C. among its counsel, indicating Enriquez’s firm provides external legal services to MXF; Thompson Hine LLP is U.S. counsel and Secretary JoAnn M. Strasser is a partner there .
- Officers are named alongside directors in shareholder reports; Enriquez is recognized as Assistant Secretary in the Fund’s management roster .
Investment Implications
- Minimal pay-for-performance linkage: As an Assistant Secretary, Enriquez is not paid by the Fund and does not receive equity awards or bonuses, so his role presents no direct compensation-driven alignment or insider selling pressure .
- Low retention risk signal: Given compensation is not Fund-driven and his primary affiliation is as a partner at an external law firm that serves as Fund counsel, continuity hinges on the advisory/counsel relationship rather than officer incentives; no employment contract terms are disclosed to suggest elevated transition risk .
- Trading signals: Absence of equity grants/options and no disclosed beneficial ownership for Enriquez eliminates typical insider activity signals from this officer role; director ownership policies exist but are not applicable to him .
- Governance considerations: The interlock of his firm as external counsel should be monitored for potential conflicts if terms with counsel change, but the proxy and reports provide no related-party transaction disclosures regarding Enriquez personally .