Download Complete PDF - Informe Anual 2012
Download Complete PDF - Informe Anual 2012 Download Complete PDF - Informe Anual 2012
B - STRUCTURE OF THE COMPANY’S CORPORATE GOVERNANCE B.1 Board of Directors B.1.1 State the maximum and minimum number of directors established in the bylaws: Maximum number of directors 20 Minimum number of directors 5 B.1.2 Complete the following table with the members of the Board: Name or trade name of the director Representative Position on the Board First appointed Last appointed Election procedure MR RODRIGO ECHENIQUE GORDILLO - CHAIRMAN 23/11/2012 23/11/2012 CO-OPTATION MR JOSÉ ANTONIO CASTRO SOUSA - MR FEDERICO GONZÁLEZ TEJERA - DEPUTY CHAIRMAN EXECUTIVE DIRECTOR 24/05/2012 29/06/2012 VOTED BY SHAREHOLDERS’ MEETING 23/11/2012 21/12/2012 CO-OPTATION MR CARLOS GONZÁLEZ FERNÁNDEZ - DIRECTOR 29/06/2011 29/06/2011 CORPORACIÓN FINANCIERA CAJA DE MADRID, S.A. FERNANDO SOBRINI DIRECTOR 18/01/2012 29/06/2012 MR FRANCISCO JAVIER ILLA RUIZ - DIRECTOR 27/10/2009 03/12/2009 MR GILLES PÉLISSON - DIRECTOR 18/01/2012 29/06/2012 HOTELES PARTICIPADOS, S.L. IGNACIO EZQUIAGA DOMÍNGUEZ DIRECTOR 29/04/2004 24/06/2010 MR IÑAKI ARRATÍBEL OLAZIREGI - DIRECTOR 28/10/2008 29/06/2012 MR JOSÉ MARÍA LÓPEZ ELOLA - DIRECTOR 25/04/2012 29/06/2012 PARTICIPACIONES Y CARTERA DE INVERSIÓN, S.L. MANUEL GALARZA PONT VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING DIRECTOR 31/07/2012 31/07/2012 CO-OPTATION MR RAMÓN LANAU VIÑALS - DIRECTOR 24/05/2009 29/06/2009 MR ROBERTO CIBEIRA MOREIRAS - DIRECTOR 01/03/2010 24/06/2010 MS ROSALBA CASIRAGHI - DIRECTOR 12/05/2009 29/06/2012 SOCIEDAD DE PROMOCIÓN Y PARTICIPACIÓN EMPRESARIAL CAJA MADRID CARLOS STILIANOPOULOS RIDRUEJO DIRECTOR 17/06/2008 24/06/2012 VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING VOTED BY SHAREHOLDERS’ MEETING Total number of directors 15 Indicate whether any directors have left the Board of Directors during the period: Name or trade name of the director Type of director at time of departure Departure date CAJA DE AHORROS DE VALENCIA, CASTELLON Y ALICANTE (BANCAJA) PROPRIETARY DIRECTOR 18/01/2012 MR MIGUEL RODRÍGUEZ DOMÍNGUEZ INDEPENDENT 26/04/2012 GRUPO INVERSOR HESPERIA, S.A PROPRIETARY DIRECTOR 24/05/2012 MR JUAN LLOPART PÉREZ PROPRIETARY DIRECTOR 03/07/2012 MR MARIANO PÉREZ CLAVER EXECUTIVE 23/11/2012 MS NURIA ITURRIAGAGOITIA RIPOLL INDEPENDENT 23/11/2012 B.1.3 Complete the following tables about the different types of Board members: EXECUTIVE DIRECTORS Name or trade name of director Committee that proposed the appointment Position in the company’s organisation chart MR FEDERICO GONZÁLEZ TEJERA APPOINTMENTS AND REMUNERATION COMMITTEE Executive Director 20 ANNUAL CORPORATE GOVERNANCE REPORT
Total number of executive directors 1 % of total Board 6.667 EXTERNAL PROPRIETARY DIRECTORS Name or trade name of director MR JOSÉ ANTONIO CASTRO SOUSA CORPORACIÓN FINANCIERA CAJA DE MADRID, S.A. MR FRANCISCO JAVIER ILLA RUIZ HOTELES PARTICIPADOS, S.L. MR IÑAKI ARRATÍBEL OLAZIREGI PARTICIPACIONES Y CARTERA DE INVERSIÓN, S.L. MR RAMÓN LANAU VIÑALS MR ROBERTO CIBEIRA MOREIRAS MRS ROSALBA CASIRAGHI SOCIEDAD DE PROMOCIÓN Y PARTICIPACIÓN EMPRESARIAL CAJA MADRID Committee that proposed the appointment APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE APPOINTMENTS AND REMUNERATION COMMITTEE Name or trade name of the significant shareholder represented or proposing the appointment GRUPO INVERSOR HESPERIA, S.A. BANCO FINANCIERO Y DE AHORROS, S.A. GRUPO INVERSOR HESPERIA, S.A. HOTELES PARTICIPADOS, S.L. CAJA DE AHORROS Y MONTE DE PIEDAD DE GIPUZKOA Y SAN SEBASTIÁN BANCO FINANCIERO Y DE AHORROS, S.A. GRUPO INVERSOR HESPERIA, S.A PONTEGADEA INVERSIONES, S.L. INTESA SANPAOLO, S.P.A. BANCO FINANCIERO Y DE AHORROS, S.A. Total number of proprietary directors 10 % of total Board 66.667 INDEPENDENT EXTERNAL DIRECTORS Name or trade name of director MR RODRIGO ECHENIQUE GORDILLO Profile Graduate in law from the Complutense University of Madrid and state counsel on extended leave of absence. Between 1973 and 1976 he held various government posts, holding the position of deputy director general and head of legal services, deputy director general and member of the steering committee of Banco Exterior de España. Since 1984 he has held senior positions at Banco Santander, being appointed chief executive of the bank in 1988, a post which he occupied until 1994. He remains a member of the board of directors and executive committee of Banco Santander. He has been a member and chairman of the Board of Directors of many industrial and financial companies and is currently deputy chairman of Banco Banif, S.A., and chairman of Allfunds Bank and SPREA. Name or trade name of director MR CARLOS GONZÁLEZ FERNÁNDEZ Profile Graduate in economics from the University of Bilbao and chartered accountant. For 35 years he worked for Arthur Andersen, which in 2003 merged with Deloitte, being appointed chairman, first of Arthur Andersen in 2000 and subsequently of the firm that resulted from the merger - Deloitte - from 2003 to 2009. Name or trade name of director MR GILLES PÉLISSON Profile Graduate of ESSEC Business School and MBA from Harvard Business School. He began his career at the hotel group Accor in 1983, where he held positions of responsibility, being appointed CEO of the group in 2006, as well as chairman of the board from February 2009 to 2011. He has also held the position of chairman and CEO of companies such as SUEZ Group, Bouygues Telecom and Disneyland Paris Resort. Name or trade name of director MR JOSÉ MARÍA LÓPEZ ELOLA Profile Graduate in economics from the Complutense University of Madrid. For the last 35 years, he has been director general of various credit and banking institutions, such as Bancaya Hipotecaria, S.A., Citibank España, S.A., Banco Zaragozano, S.A. and Barclays, S.A. He currently sits on the board of directors of companies such as Festina Lotus, S.A. and Celo, S.A. ANNUAL CORPORATE GOVERNANCE REPORT 21
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- Page 5 and 6: 8. TANGIBLE FIXED ASSETS 80 9. REAL
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- Page 27 and 28: The proposals to appoint directors
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- Page 31 and 32: B.1.30 State the number of meetings
- Page 33 and 34: MR JOSÉ ANTONIO CASTRO SOUSA HOTEL
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- Page 37 and 38: ) Competencies The primary function
- Page 39 and 40: C - RELATED-PARTY TRANSACTIONS C.1
- Page 41 and 42: Mechanisms for resolving possible c
- Page 43 and 44: Description of functions The Audit
- Page 45 and 46: The documents in which such delegat
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- Page 49 and 50: a) The transformation of listed com
- Page 51 and 52: See sections: B.1.2, B.1.27 and B.2
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- Page 55 and 56: 45. Supervision of compliance with
- Page 57 and 58: G - OTHER USEFUL INFORMATION If you
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- Page 65 and 66: CONSOLIDATED STATEMENTS OF CHANGES
- Page 67 and 68: REPORT ON THE CONSOLIDATED FINANCIA
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B - STRUCTURE OF THE COMPANY’S CORPORATE GOVERNANCE<br />
B.1 Board of Directors<br />
B.1.1 State the maximum and minimum number of directors established in the bylaws:<br />
Maximum number of directors 20<br />
Minimum number of directors 5<br />
B.1.2 <strong>Complete</strong> the following table with the members of the Board:<br />
Name or trade name of the director<br />
Representative<br />
Position on the<br />
Board<br />
First<br />
appointed<br />
Last<br />
appointed<br />
Election procedure<br />
MR RODRIGO ECHENIQUE GORDILLO - CHAIRMAN 23/11/<strong>2012</strong> 23/11/<strong>2012</strong> CO-OPTATION<br />
MR JOSÉ ANTONIO CASTRO SOUSA -<br />
MR FEDERICO GONZÁLEZ TEJERA -<br />
DEPUTY<br />
CHAIRMAN<br />
EXECUTIVE<br />
DIRECTOR<br />
24/05/<strong>2012</strong> 29/06/<strong>2012</strong><br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
23/11/<strong>2012</strong> 21/12/<strong>2012</strong> CO-OPTATION<br />
MR CARLOS GONZÁLEZ FERNÁNDEZ - DIRECTOR 29/06/2011 29/06/2011<br />
CORPORACIÓN FINANCIERA CAJA DE<br />
MADRID, S.A.<br />
FERNANDO<br />
SOBRINI<br />
DIRECTOR 18/01/<strong>2012</strong> 29/06/<strong>2012</strong><br />
MR FRANCISCO JAVIER ILLA RUIZ - DIRECTOR 27/10/2009 03/12/2009<br />
MR GILLES PÉLISSON - DIRECTOR 18/01/<strong>2012</strong> 29/06/<strong>2012</strong><br />
HOTELES PARTICIPADOS, S.L.<br />
IGNACIO<br />
EZQUIAGA<br />
DOMÍNGUEZ<br />
DIRECTOR 29/04/2004 24/06/2010<br />
MR IÑAKI ARRATÍBEL OLAZIREGI - DIRECTOR 28/10/2008 29/06/<strong>2012</strong><br />
MR JOSÉ MARÍA LÓPEZ ELOLA - DIRECTOR 25/04/<strong>2012</strong> 29/06/<strong>2012</strong><br />
PARTICIPACIONES Y CARTERA DE<br />
INVERSIÓN, S.L.<br />
MANUEL GALARZA<br />
PONT<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY<br />
SHAREHOLDERS’ MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
DIRECTOR 31/07/<strong>2012</strong> 31/07/<strong>2012</strong> CO-OPTATION<br />
MR RAMÓN LANAU VIÑALS - DIRECTOR 24/05/2009 29/06/2009<br />
MR ROBERTO CIBEIRA MOREIRAS - DIRECTOR 01/03/2010 24/06/2010<br />
MS ROSALBA CASIRAGHI - DIRECTOR 12/05/2009 29/06/<strong>2012</strong><br />
SOCIEDAD DE PROMOCIÓN Y<br />
PARTICIPACIÓN EMPRESARIAL CAJA<br />
MADRID<br />
CARLOS<br />
STILIANOPOULOS<br />
RIDRUEJO<br />
DIRECTOR 17/06/2008 24/06/<strong>2012</strong><br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
VOTED BY SHAREHOLDERS’<br />
MEETING<br />
Total number of directors 15<br />
Indicate whether any directors have left the Board of Directors during the period:<br />
Name or trade name of the director Type of director at time of departure Departure date<br />
CAJA DE AHORROS DE VALENCIA, CASTELLON Y<br />
ALICANTE (BANCAJA)<br />
PROPRIETARY DIRECTOR 18/01/<strong>2012</strong><br />
MR MIGUEL RODRÍGUEZ DOMÍNGUEZ INDEPENDENT 26/04/<strong>2012</strong><br />
GRUPO INVERSOR HESPERIA, S.A PROPRIETARY DIRECTOR 24/05/<strong>2012</strong><br />
MR JUAN LLOPART PÉREZ PROPRIETARY DIRECTOR 03/07/<strong>2012</strong><br />
MR MARIANO PÉREZ CLAVER EXECUTIVE 23/11/<strong>2012</strong><br />
MS NURIA ITURRIAGAGOITIA RIPOLL INDEPENDENT 23/11/<strong>2012</strong><br />
B.1.3 <strong>Complete</strong> the following tables about the different types of Board members:<br />
EXECUTIVE DIRECTORS<br />
Name or trade name of director<br />
Committee that proposed the appointment<br />
Position in the company’s<br />
organisation chart<br />
MR FEDERICO GONZÁLEZ TEJERA APPOINTMENTS AND REMUNERATION COMMITTEE Executive Director<br />
20 ANNUAL CORPORATE GOVERNANCE REPORT
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