The Company’s Board of Directors is currently composed of 13 members and the Board of Executive Officers is composed of 11 members.
According to the Company’s bylaws, the Board of Directors must consist of, at least, eight members and, at most, fifteen members. The members of the Board of Directors are usually elected by the shareholders assembled at an annual meeting for a term of one year, and they can be reelected.
Shareholders representing at least 5% of the Company’s voting capital may request the adoption of the multiple vote process, granting to each share the amount of votes as there are members of the Board of Directors. Shareholders have the right to cast all of their votes for a single candidate or to distribute them among several candidates. To see the bios of the board members, click here.