JONATHAN DAVIS ARZAC - Corporate Board Profile

MEXICO FUND INC

Filing Date	Source Excerpt
2011-01-31	Jonathan Davis Arzac From December 2000 to December 2006, he served as President of Mexicos National Banking and Securities Commission. He currently serves as President of DAVAR Consultores, a financial consulting firm. Mr. Davis Arzac has also served since May 2010 as Executive Chairman of the Macquarie Mexican Infrastructure Fund, an unlisted, peso-denominated fund focused solely on investment opportunities in Mexican infrastructure projects. Since 2009, Mr. Davis has also been retained by the Audit Committee of Vitro S.A.B. de C.V. as an advisor, to serve as an experto financiero to the Audit Committee (defined under Mexican law as an individual with broad experience as an external auditor, accountant, CFO, controller, or similar experience). He has also served or currently serves on the boards of many Mexican companies. The Board believes that Mr. Davis Arzacs regulatory and public service background would enable him to make a unique contribution to the Board.
2012-01-31	Jonathan Davis Arzac+ Monte Pelvoux 220 Piso 6 Lomas de Chapultepec, México, D.F. México Age: 59 Class III Director Term expires 2014, Director since 2011. From December 2000 to December 2006, Mr. Davis served as President of Mexico’s National Banking and Securities Commission. He currently serves (from January 2009 to the present) as President of DAVAR Consultores (financial consulting firm). Since May 2010, Mr. Davis has also served as Executive Chairman of the Macquarie Mexican Infrastructure Fund, an unlisted, peso-denominated fund focused solely on investment opportunities in Mexican infrastructure projects. Since 2009, Mr. Davis has also been retained by the Audit Committee of Vitro S.A.B. de C.V. as an advisor, to serve as an experto financiero to the Committee (defined under Mexican law as an individual with broad experience as an external auditor, accountant, CFO, controller, or similar experience). The Fund pays each Director, with the exception of Mr. Gómez Pimienta (who is not compensated for his services as Director), an annual retainer of $28,000. In addition, the Fund pays each director with the exception of Mr. Gómez Pimienta $2,000 per in-person Board meeting attended. The Fund also reimburses all Directors and officers of the Fund for out-of-pocket expenses relating to attendance at meetings. In addition, each Independent Director receives $2,000 for each Committee meeting or telephonic special Board meeting attended. The aggregate amount of fees paid and expenses reimbursed to the Directors and officers for the fiscal year ended October 31, 2011 was $390,314. The following table sets forth the aggregate compensation (not including expense reimbursements) paid by the Fund to each Director (other than Mr. Gómez Pimienta, who receives no director fees or other compensation for services as a Director of the Fund) during the fiscal year ended October 31, 2011, as well as the total compensation paid by the Fund to each Director. Jonathan Davis Arzac $28,000.
2013-02-01	Mr. Davis has served as a Director of the Fund since 2011. He currently serves as President of DAVAR Consultores, a financial consulting firm, and as Executive Chairman of the Macquarie Mexican Infrastructure Fund. He is a member of the Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee. He is also a member or alternate member of the Valuation Committee. The Fund pays each Director, with the exception of Mr. Gómez Pimienta, an annual retainer of $32,000. In addition, the Fund pays each director $2,000 per in-person Board meeting attended and $2,000 for each Committee meeting or telephonic special Board meeting attended. The aggregate amount of fees paid and expenses reimbursed to the Directors and officers for the fiscal year ended October 31, 2012 was $414,271. The following table sets forth the aggregate compensation paid by the Fund to each Director during the fiscal year ended October 31, 2012: Mr. Davis $51,000.
2014-01-14	Jonathan Davis Arzac, Age: 61, Class III Director, Term expires 2014; Director since 2011. The members of the Fund's Audit Committee are Messrs. Carrillo Gamboa, Davis, González, Djerejian, Serra and Shapiro. The members of the Fund's Contract Review Committee are Messrs. Davis, Carrillo Gamboa, González, Djerejian, Serra and Shapiro. The members of the Fund's Nominating and Corporate Governance Committee are Messrs. Davis, Carrillo Gamboa, González, Djerejian, Serra and Shapiro. The members of the Fund's Valuation Committee are Messrs. Davis, González, Serra and Shapiro. Mr. Davis is the Chairman of the Valuation Committee. The aggregate amount of fees paid and expenses reimbursed to the Directors and officers for the fiscal year ended October 31, 2013 was $443,259. The Fund pays each Director, with the exception of Mr. Gómez Pimienta, an annual retainer of $36,000. The Fund pays each director $2,000 per in-person Board meeting attended and $2,000 for each Committee meeting or telephonic special Board meeting attended.
2015-01-26	Jonathan Davis Arzac+ c/o Aristóteles 77, 3rd Floor Col. Polanco 11560 México, D.F. México Age: 62 Class III Director Term expires 2017; Director since 2011. Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Financial Expert to the Audit Committee of Vitro, S.A.B. de C.V. (glassmaker). From December 2000 to December 2006, Mr. Davis served as President of Mexico’s National Banking and Securities Commission. He has also served or currently serves on the boards of several Mexican companies. None. + Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee member. Member or alternate member of the Valuation Committee. The following table sets forth the aggregate compensation (not including expense reimbursements) paid by the Fund to each Director during the fiscal year ended October 31, 2014, as well as the total compensation paid by the Fund to each Director. Name of Director Aggregate Compensation from Fund Total Compensation from Fund and Fund Complex Paid to Directors* Jonathan Davis Arzac $62,000 $62,000
2016-02-02	Mr. Davis has served as a Director of the Fund since 2011 and also serves as Chairman of the Fund's Valuation Committee. The members of the Fund's Audit Committee are Messrs. Carrillo Gamboa, Davis, González, Djerejian, Serra and Shapiro. Mr. Shapiro is the Chairman of the Audit Committee and the Committee's Audit Committee Financial Expert. Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee member. Member or alternate member of the Valuation Committee. The Fund pays each Director an annual retainer of $40,000. The Fund pays the Chairman of the Board an additional annual retainer of $10,000 and the Chairman of the Audit Committee an additional annual retainer of $7,500. In addition, the Fund pays each Director $2,000 per in-person Board meeting attended. The Fund also reimburses all Directors and officers of the Fund for out-of-pocket expenses relating to attendance at meetings. In addition, each Independent Director receives $2,000 for each Committee meeting or telephonic special Board meeting attended. The aggregate amount of fees paid and expenses reimbursed to the Directors and officers for the fiscal year ended October 31, 2015 was $491,732. The following table sets forth the aggregate compensation (not including expense reimbursements) paid by the Fund to each Director during the fiscal year ended October 31, 2015, as well as the total compensation paid by the Fund to each Director. Jonathan Davis Arzac: $56,000.
2017-01-30	Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Financial Expert to the Audit Committee of Vitro, S.A.B. de C.V. (glassmaker). From December 2000 to December 2006, Mr. Davis served as President of Mexico’s National Banking and Securities Commission. The Fund pays each Director an annual retainer of $40,000. The following table sets forth the aggregate compensation paid by the Fund to each Director during the fiscal year ended October 31, 2016: Jonathan Davis Arzac $60,000.
2019-02-01	Jonathan Davis Arzac+ c/o Aristóteles 77, 3rd Floor Col. Polanco 11560 México, D.F. México Age: 66 Class III Director Term expires 2020; Director since 2011. Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Financial Expert to the Audit Committee of Vitro, S.A.B. de C.V. (glassmaker). From December 2000 to December 2006, Mr. Davis served as President of Mexico’s National Banking and Securities Commission. He has also served or currently serves on the boards of several Mexican companies. None. +Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee member. Member or alternate member of the Valuation Committee. The following table sets forth the aggregate compensation (not including expense reimbursements) paid by the Fund to each Director during the fiscal year ended October 31, 2018, as well as the total compensation paid by the Fund to each Director. Jonathan Davis Arzac $60,000 None None $60,000
2020-01-31	Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Financial Expert to the Audit Committee of Vitro, S.A.B. de C.V. (glassmaker). From December 2000 to December 2006, Mr. Davis served as President of Mexico’s National Banking and Securities Commission. He has also served or currently serves on the boards of several Mexican companies. The members of the Fund’s Audit Committee are Messrs. Carrillo Gamboa, Davis, González, Djerejian, Serra and Shapiro. Mr. Davis is the Chairman of the Valuation Committee. The members of the Fund’s Contract Review Committee are Messrs. Davis, Carrillo Gamboa, González, Djerejian, Serra and Shapiro. The members of the Fund’s Nominating and Corporate Governance Committee are Messrs. Davis, Carrillo Gamboa, González, Djerejian, Serra and Shapiro. The following table sets forth the aggregate compensation paid by the Fund to each Independent Director during the fiscal year ended October 31, 2019. Jonathan Davis Arzac $47,725.
2021-02-01	Mr. Davis has served as a Director of the Fund since 2011 and also serves as Chairman of the Fund’s Valuation Committee. He currently serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Financial Expert to the Audit Committee of Vitro, S.A.B. de C.V. (glassmaker).
2022-02-01	Mr. Davis has served as a Director of the Fund since 2011 and also serves as Chairman of the Fund’s Valuation Committee. He currently serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Financial Expert to the Audit Committee of Vitro, S.A.B. de C.V. + Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee member. Member or alternate member of the Valuation Committee. The following table sets forth the aggregate compensation (not including expense reimbursements) paid by the Fund to each Independent Director during the fiscal year ended October 31, 2021, as well as the total compensation paid by the Fund to each Independent Director. Jonathan Davis Arzac $42,770.
2023-02-01	Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Trustee of the Board of the National Autonomous University of Mexico (UNAM). From December 2000 to December 2006, He served as President of Mexico’s National Banking and Securities Commission. Mr. Davis has also served or currently serves on the boards of several Mexican companies. None of the current Directors, with the exception of Mr. Alberto Osorio, is an “interested person” of the Fund as defined in the 1940 Act. The names of the Fund’s nominees for election as Directors and each other Director of the Fund, their addresses, ages and principal occupations during the past five years and other directorships held by the nominee or Director are provided in the tables below. Information is provided as of December 31, 2022. + Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee member. Member or alternate member of the Valuation Committee. The following table sets forth the aggregate compensation (not including expense reimbursements) paid by the Fund to each Independent Director during the fiscal year ended October 31, 2022, as well as the total compensation paid by the Fund to each Independent Director. Jonathan Davis Arzac $40,070.
2024-01-31	Jonathan Davis Arzac, Age: 71, Class III Director, Term expires 2026; Director since 2011. Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund and as Trustee of the Board of the National Autonomous University of Mexico (UNAM). He is Chairman of the Fund’s Valuation Committee and a member of the Audit Committee, Contract Review Committee, and Nominating and Corporate Governance Committee.
2025-01-30	Mr. Davis serves as Chairman of the Macquarie Mexican Infrastructure Fund.