Mercado Libre Founder Marcos Galperin Steps Down After 26 Years, Names Successor

Mercado Libre Founder Marcos Galperin Steps Down After 26 Years, Names Successor

Marcos Galperin, founder and CEO of Latin America’s most valuable company Mercado Libre, announced he will step down from his leadership role after 26 years. The e-commerce giant revealed that Ariel Szarfsztejn, current President of Commerce, will take over as CEO on January 1, 2026. Galperin will transition to Executive Chairman. In this role, he […]

As of January 1, 2026, Ariel Szarfsztejn will assume the position of Chief Executive Officer (CEO) of Mercado Libre, replacing Marcos Galperin, who founded the company in 1999. The decision was announced publicly through a social media release.Galperin indicated that he will remain in the company in a new role focused on strategy, product evolution, organizational culture, capital allocation and artificial intelligence implementation.With this t…

Mercado Libre announced the end of Marcos Galperin’s era as general manager of the firm. The company’s founder, today focused on electronic commerce and financial services in Latin America, will cease to be its CEO after 26 years in office and will become the executive president. Galperin’s role change will materialize from January 1, 2026 and Ariel Szarfsztejn, current president of Free Market commerce, will be the new global CEO of the company…

After 26 years in charge of Mercado Libre, Marcos Galperin will leave the position of CEO of the most valuable technology company in Latin America. The entrepreneur, founder of the firm in 1999, announced that from 1 January 2026 he will be replaced by Ariel Szarfsztejn, current president of the e-commerce unit of the group, who will assume as the new Chief Executive Officer. The decision marks a generational change in the management of the comp…

Argentine businessman Marcos Galperin will no longer be the CEO of Mercado Libre, the company he founded 26 years ago and which became the largest electronic commerce platform in Latin America. The announcement was made by Galperin himself through a public letter on social network X (ex Twitter), where he confirmed that the transition will be effective from January 1, 2026. Galperin, 53, is the richest man in Argentina, with an estimated fortune…

Historical change at the top of one of the largest technology companies in the region.