Less than half of directors are independent
There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Antonio Gonzalez Rio Mayor is the most experienced director on the board, commencing their role in 2018. Independent Director Fernando de Figueredo Beda was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
