From left to right
Standing up: José Domingo de Ampuero, Dámaso Quintana, Juan Antonio Garteizgogeascoa, Gerardo Aróstegui,
Sitting down: Antonio Mª Pradera, Nuria López de Guereñu, Álvaro Videgain, Jesús Esmorís, Consuelo Crespo &
TUBACEX board of DIRECTORS
The TUBACEX Board of Directors is the company's highest decision-making and supervision body, whereby it is accountable to all of the shareholders that meet at least once a year at the General Meeting.
Its non-delegable functions include the definition of the company's strategy, the investment policy, the corporate government policy, the corporate social responsibility policy, the risk management and control policy, the fiscal policy, as well as the shareholder remuneration policy among others.
However, it must be pointed out that since coming out of the 1992 crisis, the TUBACEX administrative body has been characterized for being a pioneer in corporate governance, under the conviction that the transparent management and professionalism of its directors are the best tools to maintain the trust of the shareholders over the years, in spite of the changing macro-economic circumstances.
Proof of this lies in the fact that we have had and have a powerful Board, which has always had a majority of independent directors selected from professionals of great prestige and with an extensive career in the business and social world. Within the TUBACEX Board, the high level of participation and commitment of all of its members to the company's projects can be highlighted. Furthermore, this Board has three committees, whose specific powers and skills guarantee the necessary knowledge prior to taking important decisions by the Board of Directors. These decisions are later channeled thorough the company's CEO, who, as the top executive, ensures that the Board of Directors' agreements are fulfilled.
Mr. Álvaro Videgain (President of the Board of Directors and of the Strategy and Investments Committee). Graduate in Business Management and Economics. Graduate in Law, he has developed almost all of his professional career in TUBACEX, where he started in the Sales Area in 1982.
Mr. Juan Garteizgogeascoa (Vice-President and member of the Audit and Compliance Committee). Graduate in and Economics. He has been a professor at the University of the Basque Country UPV and Deusto University.
Mr. Jesús Esmorís (Chief Executive Officer and member of the Strategy and Investments Committee). Industrial Engineer. He began his career in the automobile sector in Germany and Spain. In January 2013, he was appointed CEO of TUBACEX.
Mr. Gerardo Aróstegui (Member of the Board since 1991 and of the Appointments and Remuneration Committee). Graduate in Business Management and Economics. He began his professional activity in TUBACEX, where he held several positions until becoming General Deputy Director.
Ms. Consuelo Crespo (Member of the Board since 2009 and of the Appointments and Remuneration Committee). She studied Biological Science. Master's Degree in International Cooperation. After starting to work for Unicef in 1993, she became the President of the Unicef Committee in Spain in 2005.
Mr. Antonio González-Adalid (Member of the Board of Directors since 2009 and of the Strategy and Investments Committee). Naval Engineer. He is now the Vice-President and CEO of REA Cartera Industrial.
Mr. Ignacio Marco-Gardoqui (Member of the Board since 2012 and President of the Audit and Compliance Committee). Graduate in Business Management and Economics. He has been the Executive Director at Morgan Stanley, La Caixa Private Banking and Professor at Deusto University.
Mr. Dámaso Quintana (Member of the Board since 2014 and of the Audit and Compliance Committee and the Strategy and Investments Committee). Industrial Engineer. He is the Executive President of Cunext Cooper Industries and of the Aristrain Corporation.
Mr. Manuel Moreu (Member of the Board since 2015 and of the Strategy and Investments Committe). Naval Engineer. He is a professor at Madrid University Polytechnic, at the Spanish Marine Institute, at Comillas University and the UOM.
Ms. Nuria López de Guereñu (Member of the Board since 2015 and of the Audit and Compliance Committee). Telecommunications Engineer. Councilor for Transport and Public Works of the Basque Government (2005-2009). Member of the Provincial Council of Guipuzcoa and Member of Parliament in the 6th Legislature.
Mr. José Domingo de Ampuero (Member of the Board since 2015 and of the Appointments and Remuneration Committee). Industrial Engineer. He is currently President of the Board of Directors of Viscofán S.A. and Autopista Vasco-Aragonesa S.A. He is also a director of the Alba Corporation.
Mr. Antón Pradera (Member of the Board since 2015 and President of the Appointments and Remuneration Committee). Civil Engineer. He is currently the Executive President of the Board of Directors of CIE Automotive and Global Dominion Access.
Ms. Maider Cuadra (Non-Member Secretary of the Board and its Committees since 2013. Graduate in Economic Law. She joined the TUBACEX Group in 2004.
Further information at : www.tubacex.com/board-directors