New CEO Vows to Keep $120 Billion MercadoLibre’s Relentless Pace (1)

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Ariel Szarfsztejn didn’t just step into the spotlight. He leaped.

The incoming chief executive officer of e-commerce and fintech behemoth MercadoLibre Inc. bounded onto a Mexico City stage that was aglow in blue and yellow neon lights pulsating from towering replicas of the company’s signature delivery boxes.

Szarfsztejn took a seat alongside CEO and co-founder Marcos Galperin to headline the glittering Sept. 10 event that gathered some 8,000 MercadoLibre vendors, partners and employees. Clad in de rigueur black T-shirts with a discreet corporate logo, jeans and sneakers, the duo was making its first major public appearance since the company announced the ...