Brief of Corporate Governance
To access the contents of these files, depending on your settins you might need to donwload and install Acrobat Reader, QuickTime, RealOne Player or Windows Media Player
Download Corporate Governance Report
Relevant data
Members of Inditex's Board of Directors
- As of close of financial year 31.01.05
- Mr. Amancio Ortega Gaona
- Mr. José María Castellano Ríos
- Mr. Juan Carlos Rodríguez Cebrián
- Mr. Antonio Abril Abadín
- Mr. Carlos Espinosa de los Monteros Bernaldo de Quirós
- Mr. Fred Horst Langhammer
- Mr. Francisco Luzón López
- Mrs. Irene Ruth Miller
- Mr. Juan Manuel Urgoiti López de Ocaña
- Gartler, S.L
- As of date of approval of Corporate Governance Report 09.06.05
- Mr. Amancio Ortega Gaona
- Mr. José María Castellano Ríos
- Mr. Pablo Isla Álvarez de Tejera
- Mr. Antonio Abril Abadín
- Mr. Carlos Espinosa de los Monteros Bernaldo de Quirós
- Mr. José Luis Vázquez Mariño
- Mr. Francisco Luzón López
- Mrs. Irene Ruth Miller
- Mr. Juan Manuel Urgoiti López de Ocaña
- Gartler, S.L
The Board of Directors has changed its membership since the end of the financial year. Pablo Isla has joined as Inditex’s new Chief Executive Officer, and José Luis Vázquez Mariño as an independent Board Member.
Commitments and initiatives
Independence
The majority of the Board Members are external, with half of the members being independent.
This is a higher proportion than that which would correspond according to the capital structure.
Shareholding
We encourage the ‘one share, one vote’ principle.
- The General Meeting of Shareholders of 16th July 2004 gave its approval to:
- the elimination of minimum shareholding requirements in order to attend the General Meeting
- the possibility of granting rights of representation and voting using electronic means and regular postal services
Transparency
The elimination of all statutory screening measures.
The Audit and Control Committee publishes a separate report on the activities carried out during the financial year.
We are included as part of part of three international indexes of Corporate Governance.
Demanding and Accuracy
The Chairman of the Board of Directors, the Deputy Chairman and the Financial Director certify the accounts that are submitted to the Board of Directors for preparation.