8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT 

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): March 8, 2021

LIBERTY LATIN AMERICA LTD.

(Exact Name of Registrant as Specified in Charter)

Bermuda	001-38335	98-1386359
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification #)

Clarendon House,

2 Church Street,

Hamilton HM 11, Bermuda

(Address of Principal Executive Office) 

(303) 925-6000

(Registrant’s telephone number, including area code)

 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbols	Name of Each Exchange on Which Registered
Class A Common Shares, par value $0.01 per share	LILA	The NASDAQ Stock Market LLC
Class C Common Shares, par value $0.01 per share	LILAK	The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐ 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 8, 2021, Liberty Latin America Ltd. (the “Company”) announced that it will be removing the role of Chief Operating Officer (“COO”) and that the business leaders for Cable & Wireless, VTR, and Liberty Puerto Rico will report directly to Balan Nair, the Company’s CEO. Accordingly, Betzalel Kenigsztein, formerly the Company’s COO, has been appointed as the Executive Director and General Manager of Cable & Wireless Panama.

The Company also announced that Vivek Khemka, previously the Company’s Chief Technology and Product Officer, will be relocating from Denver, Colorado to Santiago, Chile to become the General Manager of VTR. For more information regarding these organizational changes, see the Company’s March 8, 2021 press release, which is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits

(d)        Exhibits.

Exhibit No.	Exhibit Name
99.1	Press release, dated March 8, 2021.
101.SCH	XBRL Inline Taxonomy Extension Schema Document.
101.CAL	XBRL Inline Taxonomy Extension Calculation Linkbase Document.
101.DEF	XBRL Inline Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Inline Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Inline Taxonomy Extension Presentation Linkbase Document.
104	Cover Page Interactive Data File.* (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LIBERTY LATIN AMERICA LTD.
By:	/s/ MICHAEL D. OLIVER
	Michael D. Oliver
	Vice President, Global Financial Reporting

Date: March 8, 2021

EX-99.1

, 2019

Exhibit 99.1

LIBERTY LATIN AMERICA ANNOUNCES CHANGES TO EXECUTIVE TEAM

Denver, Colorado – March 8, 2021: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced changes to the Company’s organizational structure at the Executive Team level. The Company will be removing the role of Chief Operating Officer, so that the business leaders for Cable & Wireless, VTR, and Liberty Puerto Rico report directly to Balan Nair, CEO, Liberty Latin America. In addition, two new roles will be added to the Executive Team; SVP, South-Central Markets and a Chief Customer Officer.

Balan Nair, CEO of Liberty Latin America, said, “Last year, we learned so much about ourselves and our business, and we have been evaluating how we operate, how we are structured, how we delight our customers, and how we continue to evolve in a changing environment. Our new structure will bring an even greater focus on our customers, provide fresh perspectives in different areas of the business, and importantly, give our leaders the opportunity for growth.”

He continued, “Our customers are the foundation of our business, and we must work hard to continuously improve their experience, their journey, and enhance the value they receive. To that end, we are recruiting a Chief Customer Officer who will align our customer focused initiatives across the organization and lead our existing Digital, Customer Care, and Programming teams.”

With the addition of the SVP, South-Central Markets role covering the Company’s Panama and Costa Rica operations, Guillermo Ponce, previously CEO of VTR, has been appointed to this newly created position. Guillermo has over 25 years of experience from his time with VTR and within the telecommunications industry. His expertise and discipline will be key attributes as the Company focuses on returning Cable & Wireless Panama to growth and finalizing the acquisition of Telefonica’s operations in Costa Rica.

As Guillermo Ponce transitions out of leading VTR, Vivek Khemka, previously Chief Technology Officer, will be relocating from Denver, USA to Santiago, Chile to become General Manager of VTR. Vivek joined Liberty Latin America in 2018 bringing years of experience across infrastructure build, technology, marketing, operations, and consulting, which positions him well to lead VTR.

Liberty Latin America has initiated a search for a new Chief Technology Officer and in the interim, Christine Weber, Chief Information Officer, will assume the day to day responsibilities.

Betzalel Kenigsztein, formerly Chief Operating Officer, has been appointed as the Executive Director and General Manager of Cable & Wireless Panama, replacing Julio Spiegel. Betzalel is an internationally recognized operator and brings a wealth of knowledge, expertise, and a dedicated focus on driving growth in the Company’s Panama operations. Julio Spiegel will take a new role within Liberty Latin America as VP, Government Affairs reporting to the General Counsel.

ABOUT LIBERTY LATIN AMERICA

Liberty Latin America is a leading communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC, UTS and Cabletica. The

communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a sub-sea and terrestrial fiber optic cable network that connects over 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols "LILA" (Class A) and "LILAK" (Class C), and on the OTC link under the symbol "LILAB" (Class B).

For more information, please visitwww.lla.com or contact:

Investor Relations:Media Relations:

Kunal Patel ir@lla.comClaudia Restrepo     llacommunications@lla.com

XML

Document and Entity Information	Mar. 08, 2021
Entity Information [Line Items]
Document Type	8-K
Document Period End Date	Mar. 08, 2021
Entity Registrant Name	LIBERTY LATIN AMERICA LTD.
Entity Central Index Key	0001712184
Amendment Flag	false
Entity Incorporation, State or Country Code	D0
Entity File Number	001-38335
Entity Tax Identification Number	98-1386359
Entity Address, Address Line One	Clarendon House
Entity Address, Address Line Two	2 Church Street
Entity Address, City or Town	Hamilton
Entity Address, Postal Zip Code	HM 11
Entity Address, Country	BM
City Area Code	303
Local Phone Number	925-6000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Class A
Entity Information [Line Items]
Title of 12(b) Security	Class A Common Shares, par value $0.01 per share
Trading Symbol	LILA
Security Exchange Name	NASDAQ
Class C
Entity Information [Line Items]
Title of 12(b) Security	Class C Common Shares, par value $0.01 per share
Trading Symbol	LILAK
Security Exchange Name	NASDAQ