BOARD OF DIRECTORS
Stephan Ducharme
Sergio Dias
Gloria Hernández
Marcelo Maia
Basola Vallés
José Wahnon Levy
Vicente Trius Oliva
Luisa Delgado
BENJAMIN J. BABCOCK
Stephan Ducharme
Sergio Dias
Gloria Hernández
Marcelo Maia
Basola Vallés
José Wahnon Levy
Vicente Trius Oliva
Luisa Delgado
BENJAMIN J. BABCOCK
Stephan Ducharme
CHAIRMAN OF THE BOARD / EXTERNAL PROPRIETARY DIRECTOR
Stephan
DuCharme
Date of the appointment: 20th May, 2019, chairman of the Board, ratified by the AGM on 30th August, 2019. Date of last reappointment: 7th June 2022.
Represented Shareholder: L1R INVEST1 HOLDINGS, S.A.R.L.
- Number of shares: 50,000,000
Holds a Degree in Political Science and Economics from University of California at Berkeley and an MBA from INSEAD (France). He has over 30 years of experience leading cutting-edge organizations in the financial, industrial and retail sectors. Starting his professional career at Salomon Brothers in 1987, Mr. Ducharme has also held posts at the European Bank for Reconstruction and Development (EBRD) and Alfa Group. He is currently the Managing Partner of L1 Retail, the retail division of LetterOne.
Sergio Dias
Member of the Board / Other external director
SergioDias
Date of the appointment: 20th May, 2019 and ratified by the AGM on 30th August, 2019. Date of last reappointment: 7th June 2022
- Number of shares: 0
Holds a Degree in Business Administration – Finance and Marketing – from Fundação Armando Alvarez Penteado (Brazil). This investor, entrepreneur and start-up advisor has been key to the creation and strategic development of companies and brands around the world. An expert in retailing and the food industry, he joined Carrefour Group in 1988, where he rose to become Deputy CFO and General Manager of the non-food eCommerce sites. In 2002 I have joined LVMH Moët Hennessy to leads its Wines and Spirits Division before being appointed CEO of Millennium (Belvedere Vodka), which also forms part of the group, in 2005. Mr. Ferreira Dias has also been Executive Chairman of SecretSales.com and CEO of Brands4friends.de, among other posts. He is currently a Partner of the retail division of L1 Retail LLP.
Gloria Hernández
MEMBER OF THE BOARD / Independent Director
Gloria
Hernández
Date of the appointment: 7th June 2022.
- Number of shares: 0
Gloria Hernández is an economist specialising in Economic Theory from the Complutense University of Madrid. Her training includes specialised postgraduate studies at Business Schools such as Chicago Booth, IESE Business School and ESADE.
She has more than 30 years of experience in the financial world, complemented by positions as a non-executive director in Ibex 35 companies such as Siemens Gamesa Renewable Energy, where she chaired the Audit Committee between 2015 and 2019. Hernández is an independent director of Nortegas and Parkia, where she has chaired the Audit Committee since July 2021 and March 2021, respectively. Previously, she held the position of CFO at Bankinter, a Spanish listed bank where she spent 8 years, and was Chief Financial Officer of Banco Pastor between 2003 and 2010. Her experience also includes 15 years at the Spanish Ministry of Economy and Finance, where she was Director General of the Treasury and Financial Policy between 1999 and 2003.
Marcelo Maia
Member of the Board / Other external Director
Marcelo
Maia
Date of the appointment: 1st January 2021 and ratified by the AGM on 31th May, 2021
- Number of shares: 0
- Number of rights: 1,274,427
Marcelo Maia is a civil engineer and holds a Master’s in Business Administration from the London Business School. Specialist in trade and services, with C-level in large distribution chains and in managing large companies, including mergers and acquisitions, internationalization and company start-up processes. Maia founded and managed one of the main distribution chains in Northeast Brazil, Lojas Maia, until it was bought by Magazine Luiza where he held the position of regional director. He was subsequently appointed as Secretary of State for Commerce and Services of the Ministry of Industry, Foreign Trade and Services and a member of the board of BNDESPar. He is also a member of the board of directors of Constructora de Pacaembu, S.A.
Basola Vallés
Member of the Board / Independent Director
Basola
Vallés
Date of the appointment: 14th January, 2020 and ratified by the AGM on 31th July, 2020
- Number of shares: 0
- Number of rights: 1,387,604
Ms. Basola Vallés has 25 years of domestic and international professional experience focused on the retail distribution sector, both digital and physical, as an investor, consultant and business manager. She began her professional career in the finance world in the United Kingdom at Nomura Securities and Morgan Stanley. She then joined McKinsey London where she worked for 6 years mainly with companies from the distribution sector in Europe. She continued her career at the Baugur Group private equity fund specialized in European distribution companies, where she was head of management responsible for growth and expansion of the investees. More recently, Ms. Vallés was the head of the books, music and entertainment divisions at Amazon España and CEO of Entradas Eventim (entradas.com), as well as a member of the advisory board of ING Spain and of the innovation board of Prosegur Cash. She is currently an independent director at Aegon Spain and senior vice president of Salesforce for EMEA. Ms. Vallés holds a degree in Business Administration and Management from the European Business School and has an MBA from the Leonard N. Stern School of Business of New York.
José Wahnon Levy
MEMBER OF THE BOARD / INDEPENDENT DIRECTOR
José
Wahnon Levy
Appointment date: May 20, 2019 ratified in the AGM on August 30, 2019. Last re-election date: June 7, 2022
- Number of shares: 1.885.481
Has a Degree in Economics from Universidad de Barcelona, a Law Degree from Universidad Complutense de Madrid and completed a PMD at Harvard Business School. He began his professional career at PwC, where he was made partner in 1987. He headed up the Financial Services area at PwC from 1987 to 2003 and the Audit Division between 2003 and 2007. Mr. Wahnon has held board-level positions at major companies of the likes of Ezentis, Dexia-Sabadell and Bankia.
Vicente Trius Oliva
MEMBER OF THE BOARD / INDEPENDENT DIRECTOR
Vicente Trius Oliva
Date of the appointment: 29th September, 2021 (on an interim basis). Date of last reappointment: 7th June 2022
- Number of shares: 0
He holds a degree in Economics from the University of Barcelona and completed a course in Executive Management at Harvard Business School and the Darden School of Business. He has more than 40 years of experience in the food sector in the areas of e-commerce and innovation in multinational companies. He is currently Executive Chairman of retail and innovation at JBS USA, one of the largest multinational food companies, where he leads the e-commerce business. Previously, he worked in companies such as Walmart, a world leader in the sector, where he held, among other positions, CEO for Brazil for 10 years; in Loblaw, Canada’s leading food retailer, where he was Chairman; and in Carrefour, where he was Executive Director for Europe and member of the Group Management Committee. He also sits on the boards of Pilgrims Pride Corporation, a Nasdaq-listed company, and Picpay.
Luisa Delgado
MEMBER OF THE BOARD / Independent Director
Luisa Delgado
Date of the appointment: 1st November, 2021
- Number of shares: 0
- Number of rights: 0
Luisa Delgado holds a law degree from the University of Geneva, a LLM from Kings College, University of London and a postgraduate degree in European Studies from Lusíada University in Lisbon. She has over 30 years of leadership and management experience at companies such as Procter & Gamble, where she was CEO of the Nordic region, and prior to that Head of Human Resources for Western Europe (17 countries). She also led SAP’s Human Resources division where she was an Executive Board Member.From 2013 to 2018, she was CEO of Safilo Group, the world’s second largest premium eyewear group. Subsequently, she created her own investment fund focused on luxury products and today, Luisa Delgado is president of Swarovski SHI and a board member at various companies, including, Ingka Holding (Grupo IKEA), Telia Company, Fortum, Barclays Bank Switzerland S.A. and Breitling, S.A.
BENJAMIN J. BABCOCK
MEMBER OF THE BOARD / EXTERNAL PROPRIETARY DIRECTOR
Benjamin J.
Babcock
Date of appoinment: 24th May, 2023 by co-optation
- Represented Shareholder: L1R INVEST1 HOLDINGS, S.A.R.L.
- Number of shares: 0
