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Robert E. Price

Interim Chief Executive Officer at PRICESMART
Since February 3, 2023
Age
82 years
Tenure
Has been associated with PSMT since its spin-off from Price Enterprises in 1997, serving in various leadership roles including CEO from 2006 to 2010, Executive Chairman from 2018 to 2020, and Interim Chief Executive Officer since February 3, 2023.

Also at PRICESMART

DNP
David N. Price
Executive Vice President and Chief Transformation Officer
FV
Francisco Velasco
Executive Vice President, Chief Legal Officer, Registered In-House Counsel, Chief Risk & Compliance Officer, and Corporate Secretary
GH
Gualberto Hernandez
Executive Vice President and Chief Financial Officer (CFO)

About

Robert E. Price is currently the Interim Chief Executive Officer and Chairman of the Board of Directors at PriceSmart, Inc. As of November 30, 2024, he is 82 years old.

He began his tenure with the company in 1997 when PriceSmart was spun-off from Price Enterprises, Inc., and has since occupied several key leadership roles including Chief Executive Officer from April 2006 until July 2010 and Executive Chairman from October 2018 to February 2020. He assumed his current position as Interim Chief Executive Officer on February 3, 2023.

Prior to his enduring involvement with PriceSmart, he was a founder of The Price Company that operated the Price Club and led the organization until its merger with Costco Wholesale Corp. in 1993, demonstrating a long-standing commitment to the retail and warehouse club industry.

$PSMT Performance Under Robert E. Price

Past Roles

OrganizationRoleDate RangeDetails
PriceSmart, Inc. Chairman of the Board of Directors 1997 - February 2023 Served continuously from the spin-off until his Interim CEO appointment
PriceSmart, Inc. Executive Chairman October 2018 - February 2020 N/A [N/A]
PriceSmart, Inc. Chief Executive Officer April 2006 - July 2010 N/A [N/A]
PriceSmart, Inc. President N/A [N/A]Held during different periods
The Price Company CEO & Board Member 1976 - 1993 Founder; operated Price Club until merger with Costco
Price/Costco, Inc. Chairman of the Board October 1993 - December 1994 N/A [N/A]
Price Enterprises, Inc. Chairman July 1994 - September 1997 N/A [N/A]

External Roles

OrganizationRoleDate RangeDetails
The Price Group, LLC Manager N/A [N/A]N/A [N/A]
Price Philanthropies Foundation Chairman of the Board and President N/A [N/A]N/A [N/A]
Allison and Robert Price Family Foundation Chairman of the Board and President N/A [N/A]N/A [N/A]
Aaron Price Fellows Foundation President N/A [N/A]Sponsors the Aaron Price Fellows Program

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$0 N/A Declined compensation
Bonus$0 N/A Declined compensation
Stock Awards$0 N/A Declined compensation
Non-Equity Incentive Plan Compensation$0 N/A Declined compensation
All Other Compensation$0 N/A Declined compensation

Performance Compensation

Data from  FY 2024

No information available on performance compensation for 2024.