Madrid, 30/09/2019.- The Board of Directors of Ferrovial, at the proposal of the Appointments and Remuneration Committee, has appointed Juan Hoyos Martínez de Irujo as an independent director by co-optation. He succeeds Joaquín Ayuso, who has stepped down in order to contribute to a renewal of the Board, of which he has been a member for the last 17 years.
Juan Hoyos spent much of his career at McKinsey, which he joined in 1978 and where he held positions of responsibility, culminating with the post of President for Spain and Portugal between 2004 and 2009.He also was member of the Member of the McKinsey & Company Shareholder Council worldwide. He was subsequently Executive Vice-President Strategy, Brand & Marketing of Banco Santander Brazil; and Board Member of Banco Santander Chile and Banco Santander México. Since 2014, he has been Chairman of Haya Real Estate. Juan Hoyos graduated in Economics from the Complutense University of Madrid and obtained a Master in Business Administration, Accounting and Finances from Columbia Business School.
Joaquín Ayuso, a civil engineer, has been part of Ferrovial since 1982, having been CEO of Ferrovial between 2002 and 2009 and of Ferrovial Agroman between 1999 and 2002. Most recently, he was second vice-chairman of the Board of Directors and a member of the Executive Committee. The Board expressed its “acknowledgement and gratitude for his dedication and contribution” to Ferrovial during that time.
The appointment of Juan Hoyos 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; and Bruno Di Leo in 2018. The Board of Directors currently has two executive members, two proprietary members, one non-executive member and seven independent members. Its composition is as follows: Rafael del Pino, chairman; Santiago Bergareche, vice-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 Leon and Juan Hoyos. The executive committee is comprised of Rafael del Pino, Santiago Bergareche, Ignacio Madridejos, María del Pino, José Fernando Sánchez-Junco and Óscar Fanjul.
About Ferrovial
Ferrovial, a leading global operator of infrastructure, is committed to developing sustainable solutions. The company has 96,000 employees and operates in over 20 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. It is a member of Spain’s blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good; all its operations are conducted in compliance with the principles of the UN Global Compact, which the company adopted in 2002.
