Jose Luis Laparte

Biography

Mr. Jose Luis Laparte has been the Chief Executive Officer and President of Pricesmart Inc. since July 12, 2010 and October 2004 respectively. Mr. Laparte served as a Consultant for Pricesmart Inc. from December 2003 to October 2004. Prior to joining Pricesmart as a consultant, Mr. Laparte spent more than 14 years working for Wal-Mart Stores, Inc. in Mexico and the United States in progressively responsible positions. From October 2002 to September 2003, he served as Vice President of Sams International, where he directed and managed the Sams' s operations, finance, sales, marketing, product development and merchandising. From May 2000 to October 2002, he served as Vice President, Wal-Mart de Mexico and responsible for sales and the expansion of the Sams Club format in Mexico. He has been a Director of PriceSmart Inc. since February 2008. Mr. Laparte’s background and experience as an executive overseeing numerous operational aspects of the international merchandising business, including sales, product development, merchandising, marketing, finance and information technology, contribute to the Board of Directors’ conclusion that he should serve as a director of the Company. Mr. Laparte received a degree in Systems Engineering from Universidad La Salle.

Research Interest

Mr. Jose Luis Laparte has been the Chief Executive Officer and President of Pricesmart Inc. since July 12, 2010 and October 2004 respectively. Mr. Laparte served as a Consultant for Pricesmart Inc. from December 2003 to October 2004. Prior to joining Pricesmart as a consultant, Mr. Laparte spent more than 14 years working for Wal-Mart Stores, Inc. in Mexico and the United States in progressively responsible positions. From October 2002 to September 2003, he served as Vice President of Sams International, where he directed and managed the Sams' s operations, finance, sales, marketing, product development and merchandising. From May 2000 to October 2002, he served as Vice President, Wal-Mart de Mexico and responsible for sales and the expansion of the Sams Club format in Mexico. He has been a Director of PriceSmart Inc. since February 2008. Mr. Laparte’s background and experience as an executive overseeing numerous operational aspects of the international merchandising business, including sales, product development, merchandising, marketing, finance and information technology, contribute to the Board of Directors’ conclusion that he should serve as a director of the Company. Mr. Laparte received a degree in Systems Engineering from Universidad La Salle.