Luis Felipe Gazitúa

Luis Felipe Gazitúa serves as Chairman of Empresas CMPC, one of Latin America's largest forestry and pulp companies, controlled by Chile's Matte family group. CMPC operates across the entire forestry value chain — from over 1 million hectares of plantation forests in Chile, Brazil, and Argentina through pulp mills producing millions of tons annually, to consumer-facing tissue products and corrugated packaging sold across Latin America. CMPC's strategic positioning reflects the Matte family's long-term vision: leveraging Chile's natural advantage in fast-growing radiata pine and eucalyptus plantations to produce commodity pulp for global markets while building higher-margin downstream businesses in tissue and packaging. The company's Guaíba mill in Brazil is one of the world's most efficient eucalyptus pulp operations. Gazitúa's key challenges include managing pulp price cyclicality (global pulp prices can swing 50%+ between peak and trough), executing capacity expansion projects on time and on budget, navigating Chile's evolving forestry regulations and water use policies, and growing the tissue and packaging segments to reduce earnings volatility. Currency exposure across Chilean pesos, Brazilian reais, and Argentine pesos adds complexity. The stock is heavily driven by global hardwood and softwood pulp prices, Chinese demand trends, and the company's capacity expansion timeline.