Early Life and Family
Eduardo Hochschild was born in Lima, Peru, in 1963. He is the son of Luis Hochschild Plaut, a key figure in the family's mining enterprise, which was established in 1911 by his great-uncle, Moritz Hochschild. Growing up, he was immersed in the operational realities of the mining industry.
Education and Early Career
Hochschild graduated from Tufts University in 1987 with a Bachelor of Science in Engineering Physics. After completing his studies, he joined the Hochschild Mining Group the same year, starting as a safety assistant at the Arcata silver mine in southern Peru. He worked his way through the ranks, gaining practical experience in various operational roles.
Rise to Success
Eduardo Hochschild's career progressed within the Hochschild Group, leading to his appointment as head of the mining group in 1998. Under his leadership, the company has navigated challenges such as the Shining Path insurgency, hyperinflation, and commodity price volatility. A key strategic move was the company's listing on the London Stock Exchange in 2006, which helped to enhance governance and fund expansion.
Key Business Strategies
Hochschild's focus has been on expanding the company's footprint in the Americas, particularly in Peru and Argentina. This included acquiring the remaining stake in the Inmaculada mine in Peru in 2019. The company has also diversified interests into cement production through Cementos Pacasmayo. Hochschild is currently the chairman of Hochschild Mining, a silver and gold mining business operating three underground mines.
Philanthropy
Eduardo Hochschild founded the Universidad de Ingeniería y Tecnología (UTEC) in 2011, a non-profit institution aimed at fostering Peru's engineering talent. He also contributes to environmental conservation as a member of The Nature Conservancy's Latin America Conservation Council.