Mr. Salvador Paiz Del Carmen
The Paiz Family and Chairman, PDC
Salvador Paiz Del Carmen is the Chairman of PDC, a regional “Multi-Latina” whose purpose is to Transform Lives. Through his business and non-profit efforts, has worked towards the development of his country, Guatemala.
The Paiz family has a tradition of 85 years in the Supermarket business in Central America.
In 2002 a perfect storm hit the Paiz family with the passing of incoming Chairman Sergio Paiz Andrade and the financial difficulties of the strategic partner in their Supermarket business. Salvador took on the challenge of leading the Paiz family through the crisis. He negotiated the initial Joint Venture with Wal-Mart Stores in 2005 and the eventual merger with Wal-Mart de Mexico in 2010. He served as Vice-Chairman of Wal-Mart CentralAmerica and later served on the combined board of Wal-Mart Mexico and Central America.
In 2012, alongside his brother, Sergio Paiz Del Carmen, he led the consolidation of the family business, Grupo PDC.
PDC is a private company with investments in various industries including distribution of fast-moving consumer-goods, distribution of industrial goods, manufacturing and financial services. In 2014 he negotiated the acquisition of Magia Blanca from Procter & Gamble. Today he serves as Chairman of the board and CEO of the PDC Capital division.
His great passion to improve Guatemala has motivated him to launch and get involved in a slew of transformational initiatives. One of them is Mejoremos Guate by Fundesa, which provides a roadmap towards a more prosperous, more solidary and safer Guatemala.
In addition, he is the Chairman of Funsepa (Sergio Paiz Andrade Foundation, for its initials in Spanish). Funsepa leverages technology to improve the quality of education at a national scale. More than half a million children have access to technology thanks to the 26,779 computers donated to 1,653 public schools. Funsepa has also provided training to more than 90,000 of the country’s teachers, helping them use technology as an educational tool.
Salvador believes in the power of rich debate, through the presentation of his ideas, opinion and thoughts. He publishes a weekly column in various Guatemalan news outlets. Through his blog and social media, he tries to generate strong and significant proposals that lead Guatemala to a better future.
He obtained his Bachelor degree with honors from the Wharton School at the University of Pennsylvania in 1996 and, four years later, his MBA from the MIT Sloan School of Business, as a Martin Trust Merit Scholar. He is happily married and the proud father to his two sons.