Corporate governance

Corporate governance

Appointments and Remuneration Committee

This committee is composed of three directors, with a majority being independent directors. The term of office of its members is limited to three years, and they may be re-elected. This committee is chaired by an independent director, who has a limited term of office which is set to a maximum of three years, and the chairperson may be re-elected.

The Appointments and Remuneration Committee is assigned powers in relation to: the appointment and removal of directors and senior managers, their remuneration, the fulfilment of the duties and responsibilities of the directors of the Company, respect for the principles and rules of corporate governance and the Corporate Responsibility Policy and the protocol regarding the relationship of the Board with the employees of the companies of the Group.

 

Appointments and Remuneration Committee
Board  member Position Type of Board member

Last appointment*

Ms. Socorro Fernández Larrea Chairwoman Independent 2018.11.27
Mr. Antonio Gómez Expósito Member External nominee 2018.11.27
Mr. José Juan Ruiz Gómez Member Independent 2019.03.26

* For 3 years