The Board of Directors of Ferrovial, at the proposal of the Appointments and Remuneration Committee, has appointed Gonzalo Urquijo as an independent director by co-optation. He succeeds Santiago Bergareche, who has stepped down in order to contribute to a renewal of the Board, of which he has been a member for the last 20 years.
Gonzalo Urquijo is executive chairman of Abengoa and the Focus Abengoa Foundation; he is also president of the Hesperia Foundation and a trustee of the Princess of Asturias Foundation. He graduated in Economics and Political Science from Yale and obtained an MBA from IE Business School in Madrid; he has held a number of executive functions at UNESID, Arcelor Mittal, Arcelor Group, Aceralia, Aristrain, Citibank and Crédit Agricole. He is currently a director of Gestamp and Fertiberia.
Santiago Bergareche joined the Board of Ferrovial in 1999, and he was currently a vice-chairman. A graduate in Economics and Law from Deusto University, he has been chairman of Agroman, CEO of Ferrovial, general manager of BBVA, and chairman of Vocento, Metrovacesa and Cespa; as well as a director of Deusto Business School and a trustee of the Ducal House of Medinaceli. The Board expressed its “acknowledgement and gratitude for his dedication and contribution” to Ferrovial during that time.
The appointment of Gonzalo Urquijo continues the process of renewal in the Board of Directors of Ferrovial. Previously, Óscar Fanjul was appointed in 2015; Philip Bowman in 2016; Hanne Sørensen in 2017; Bruno di Leo in 2018; and Juan Hoyos in 2019. The Board of Directors currently has two executive members, two proprietary members and eight independent members. Its composition is as follows: Rafael del Pino, chairman; Ignacio Madridejos, CEO; Óscar Fanjul, lead independent director; María del Pino, Santiago Fernández Valbuena, José Fernando Sánchez-Junco, Joaquín del Pino, Philip Bowman, Hanne Sørensen, Bruno di Leo, Juan Hoyos and Gonzalo Urquijo. The executive committee is comprised of Rafael del Pino, Ignacio Madridejos, María del Pino, José Sánchez-Junco, Óscar Fanjul and Juan Hoyos.