Inditex said in a statement its board of directors has approved both appointments, completing the generational handover process initiated in 2011 with the replacement of Amancio Ortega as chairman of Inditex.
García Maceiras joined Inditex in March 2021 as general secretary and secretary of the board. With extensive experience in corporate and team management, he has led transformation projects in his 20 years of professional activity both in the public sector, as a Spanish State Attorney, and in the private sector in companies such as Banco Pastor, Banco Popular, SAREB or Banco Santander.
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He succeeds Carlos Crespo who has served as CEO since July 2019 and has now been appointed COO (managing director of operations, sustainable and digital transformation) of Inditex, with the aim of continuing to promote these areas.
Meanwhile, Ortega Pérez will take over as the new chairperson of the group and proprietary director from spring 2022. She will succeed former CEO and executive chairman Pablo Isla on 1 April.
Ortega Pérez has worked in different areas of the Inditex group for 15 years and is credited with leading the strengthening of Zara’s brand image and fashion proposition, an area she will continue to oversee.
Elsewhere, José Arnau Sierra remains as deputy chairman and Javier Monteoliva, head of legal of Inditex and deputy secretary of the board until now, has been appointed general counsel and secretary of the board.
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By GlobalDataThe new organisational structure incorporates a management committee, made up of executives from different corporate and business areas and with a long track record in the group.
“I would like to thank the board, and especially Amancio Ortega, for the support and trust placed in me during all these years,” Isla said. “Now we believe that the time has come to turn a new page, with Marta Ortega as chair and Óscar García Maceiras as chief executive officer, whose appointment was already foreseen since his incorporation into the company due to his abilities and qualities. Making this transition a reality is the culmination of my commitment to Inditex and to Amancio Ortega. I would also like to thank each and every one of the people who form part of Inditex for their work and dedication”.
García Maceiras added: “I assume with great responsibility and enthusiasm the new functions entrusted to me, with the peace of mind of having a great team, full of youth, experience and talent in all the areas and countries in which we are present, of which the management committee we have established is a good example”.
Ortega Pérez, meanwhile, noted she has “lived and breathed” the company since childhood.
“I have always said that I would dedicate my life to building upon my parents’ legacy, looking to the future but learning from the past and serving the company, our shareholders and our customers where I’m most needed. I’m deeply honoured by the trust that has been placed in me, and enormously excited about the future that we are all about to embark upon together”.
The new management committee includes:
- Crespo González
- Pablo del Bado, managing director, Pull & Bear
- Miguel Díaz, director of finance and operations, Zara
- Ignacio Fernández, chief financial officer, Inditex
- Javier García Torralbo, managing director of e-commerce, Zara
- Begoña López-Cano, chief people officer, Inditex
- Beatriz Padín, director of woman, Zara
- Jorge Pérez Marcote, managing director, Massimo Dutti
- Óscar Pérez Marcote, managing director, Zara
