Board of Directors and Committees
Vitro’s Board of Directors is assigned
the responsibility for supervising the administration
of the company assuring that the long term interest
of shareholders is upheld. More than 60% of our
Board is comprised by independent directors. Additionally
the Board is assigned a series of clearly defined
duties.
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Adrián Sada González - President |
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Adrián Sada González, Chairman
of the Board of Directors of Vitro,
S.A. de C.V.:
Mr. Sada is a member of the Boards of
Directors of Alfa, S.A. de C.V., Gruma,
S.A. de C.V., Cydsa, S.A. de C.V., Regio
Empresas, S.A. de C.V., the Latin American
Executive Board for the Wharton School
of Finance, the Mexican Businessmen
Council, the Consejo de Industriales
de Nuevo León and Pronatura. In addition,
he is a member of the Young Presidents
Organization. Mr. Sada is also President
of our Finance and Planning Committee.
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Adrián Sada Treviño, Member
and Honorary Chairman of the Board of
Directors of Vitro, S.A. de C.V.:
Mr. Sada is Chairman of the Board of
Directors of the Fundación Martínez
Sada. |
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Federico Sada González,
President and Chief Executive Officer
of Vitro, S.A. de C.V.:
Mr. Sada is currently a member of the
Boards of Directors of Alpek, S.A. de
C.V., the Instituto Tecnológico y de
Estudios Superiores de Monterrey, Bombardier,
Inc., Regio Empresas, S.A. de C.V. and
The University of Texas, MD Anderson
Cancer Center. Mr. Sada is the former
Chairman of the Mexican Council for
Foreign Trade. He serves as the Chairman
of the Council of the National Museum
of History and as the Chairman of the
Board of Trustees of Chipinque Ecological
Park Foundation. Mr. Sada is also a
member of International Business Council
of the World Economic Forum. On May
14, 1999, he became the first President
of the Mexican Council for International
Commerce and he currently serves as
President of the Mexico-France Bilateral
Committee of such organization. |
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Carlos Eduardo Represas de Almeida * |
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Carlos Represas, Executive Vice-President
of Nestlé S.A.:
Mr. Represas is Chairman of the Board
of Directors of Nestlé México, S.A.
de C.V. and Nestlé Holdings, Inc. In
addition, he is also Co-Chairman of
the Board of Directors of Coca-Cola
Nestlé Refreshments, a member of the
Boards of Directors of Cereal Partners
Worldwide and Dreyer's Grand Ice Cream
Holdings, Inc. and a member of the Global
Advisory Council of the Conference Board
of New York, USA. |
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Jaime Serra Puche, Founder,
SAI-Consultores, S.C.:
Mr. Serra is a member of the Boards
of Directors of Fondo México, Grupo
Ferroviario Mexicano, Grupo Modelo,
Bardahl, RMM Global Sourcing Solutions,
Tenaris and Chiquita Brands International.
He has served as Mexico’s Secretary
of Finance, Secretary of Trade and Industry
and Undersecretary of Revenue.
Mr. Serra led the negotiation and implementation
of NAFTA by Mexico and promoted the
conclusion of the Uruguay Round and
the creation of the World Trade Organization.
Mr. Serra also headed the negotiation
of free trade agreements between Mexico,
on the one hand, and Chile, Colombia,
Venezuela, Bolivia and Costa Rica, on
the other. He founded the Mexican Investment
Board and promoted the creation of the
Mexican Federal Competition Commission.
He served as a trustee of the Yale Corporation
and currently co-chairs The President’s
Council on International Activities
of Yale University. He is also a member
of the Trilateral Commission and the
United States-Mexico Bilateral Council.
Mr. Serra is a graduate of the Universidad
Nacional Autónoma de México. He earned
his Master in Economics at El Colegio
de México and his Ph.D. in Economics
at Yale University. He has been a professor
at El Colegio de México and at Stanford
University, Princeton University and
New York University. |
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Tomás González Sada, Chairman
of the Board, President, Chief Executive
Officer of Cydsa, S.A. de C.V.:
Mr. Gonzalez is the Chairman of the
Mexico-Japan Business Committee of the
Mexican Council for Foreign Trade, the
Chairman of the Board of Trustees of
the Universidad Regiomontana, Vice-President
of the Mexican Institute of Competitiveness,
the Treasurer of the Fundación Martínez
Sada, a member of the Boards of Directors
of Regio Empresas, S.A. de C.V. and
the Mexican Businessmen Council and
Honorary Consul-General of Japan in
Monterrey, Mexico. |
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Andrés A. Yarte C.
Chairman of the Board and Chief Executive
Officer of Distribuidora de Productos
Cerámicos, S.A., and K-Inver, S.A. |
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Carlos Muñoz, Private Investor:
Mr. Muñoz is Vice-President of Fomento
Bursátil, Super Mart and Manufacturas
de Concreto. In addition, he is a member
of the Board of Directors of Instituto
Tecnológico y de Estudios Superiores
de Monterrey, Chihuahua Campus and Banamex
(northern zone). |
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Gustavo Madero M., Audit Committee
President :
Federal Congressman (Representative)
of the 59th Legislature (2003-2006),
Chairman of the Tax and Finance Commission;
Chief Executive Officer of Electronic
Publishing, and Campestre Carolinas;
Member of the Boards of Hermanos Madero,
and ING-Comercial América División Norte;
and Regional Vice-President of Banamex. |
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Joaquín Vargas Guajardo * |
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Joaquín Vargas, Chairman of the
Board of Directors of Grupo MVS, S.A.
de C.V.:
Mr. Vargas is Chairman of the Board
of Directors of Corporación Mexicana
de Restaurantes, S.A. de C.V. In addition,
he is a member of the Boards of Directors
of Grupo Costamex, S.A. de C.V., Grupo
Posadas, the Mexican Stock Exchange,
NRM Comunicaciones and is a member of
the Mexican Businessman Council.
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Jaime Rico Garza:
President and CEO of Vitro Europa, Ltd. |
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Manuel Güemez de la Vega * |
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Manuel Güemez de la Vega:
Presidente de los Consejos de Administración
de Regio Empresas y de Grupo PREZ; Miembro
del Comité Consultivo del Grupo de Seguridad
Integral; y Consejero Suplente de Gruma. |
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Julio Escámez Ferreiro:
Member of the Boards of Consorcio Industrial
de Manufacturas and Grupo Empresarial
Martel; Member of the Board of Vitro,
S.A. de C.V. (1974–1998). |
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Alejandro Garza Lagüera * |
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Alejandro Garza Lagüera, Member
of the Executive Committee of Savia,
S.A. de C.V. and Vector Casa de Bolsa:
Mr. Garza is a member of the Boards
of Directors of Cydsa, S.A. de C.V.,
Grupo Industrial Ramírez S.A., Instituto
Tecnológico y de Estudios Superiores
de Monterrey and the Centro de Estudios
de Economía y Educación. In addition,
he is a member of the Boards of Governors
of the Wharton School of Business and
the Joseph H. Lauder Institute. |
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Carlos Bremer Gutiérrez * |
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Carlos Bremer Gutiérrez:
Chief Executive Officer and Member of
the Board of Directors of Value Grupo
Financiero. Member of the Board of Directors
of Bolsa Mexicana de Valores, Fundación
para la Educación de las Américas, A.C.,
Fundación Santos y de la Garza Evia,
América Móvil, S.A., Instituto Estatal
de Cultura Física y Deporte Director
de Promoción y Operación de Abaco, Casa
de Bolsa, S.A. |
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Ricardo Martín Bringas:
Chief Executive Officer of Organización
Soriana and Member of the Board of Directors
of HSBC México, S.A. de C.V., Grupo
Financiero Banamex, S.A. de C.V., Grupo
Financiero Banorte, S.A. de C.V., Banco
Mercantil del Norte, S.A. de C.V., Asociación
Nacional de Tiendas de Autoservicio
y Departamentales (ANTAD), Instituto
Tecnológico y de Estudios Superiores
de Monterrey, Consejo Mexicano de Hombres
de Negocios, Grupo de Empresarios de
Nuevo León y Teléfonos de México, S.A.B.
de C.V. |
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Alejandro F. Sánchez Mújica - Secretary
*** |
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Alejandro F. Sánchez Mújica:
Vitro Executive Legal Vice-President
and General Counsel. Secretary, not
Member of the Board of Directors of
Vitro S.A.B. de C.V. |
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* Independent Director
** Financial Expert, not member of the Board
*** Secretary, not member of the Board
Committee Composition:
In order to fulfill its duties in accordance
with the law and Vitro’s by-laws, the Board is assisted
by the following committees: a) Audit Committee,
b) Corporate Practices Committee, c) Finance and
Planning Committee empowering each with the authority
and powers that they require as established by Law
and the by-laws, as well as those deemed prudent
within the context of their assigned powers.
Each committee is made up of several Board members
assigned by the Board of Directors and must contain
a minimum of three members. The Audit and Corporate
Practices Committees are entirely made up of independent
directors while the Finance and Planning Committee
is comprised of directors as freely determined by
the Board of Directors.
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