He Board of Directors of railway It has 12 armchairs, plus an extra one for the secretary. Despite the fact that the company is owned in more than 30% by the Del Pino brothers, only Rafael (president) and María are present. Apart from the CEO, the rest of profiles are colorful: former directors of the Ibex-35, executives of international companies and men in the house of the infrastructure company for more than 10 years.
All the independents and the proprietary company receive between 132,000 and 147,000 euros per year for attending Council meetings. The one who exceeds these figures is Óscar Fanjul, who is also vice president of the company. The two executives, the president and the CEO, did obtain a higher remuneration, 4.35 and 2.83 million euros in cash, respectively.
The Council is the responsible for the transfer of the Ferrovial headquarters to the Netherlandss, prior to listing in the United States. Once the decision was approved by the highest body on February 28, after the presentation of business results, it must be endorsed by the Shareholders’ Meeting next Thursday, April 13.
Who forms the Board of Directors of Ferrovial?
Santiago Ortiz Vaamonde
Santiago Ortiz Vaamonde is the Secretary of the Ferrovial Board of Directors since 2009after replacing José María Pérez Tremps after the absorption of Cintra. He is a State Attorney, although he is on leave of absence, and is a doctor of law from the Complutense University of Madrid. Before joining the infrastructure company, he was a partner in Procedural Law and Public and Regulatory Law at the Cuatrecasas law firm.
Alice Reyes
Alice Reyes joined the infrastructure company in 2021 as independent director. It is a specialized banking profile because, in the past, he has worked for financial entities such as Wells Fargo, TSB Bank, Barclays or Deutsche Bank. She was also the leader in Spain of Bear Stearns, absorbed by JP Morgan after the bursting of the subprime bubble, and chief investment officer of the Abengoa technology investment fund.
Hildegard Wortman
Hildegard Wortman joined the Board together with Alicia Reyes in 2021, also as independent. His specialty is the automotive sector: he has worked for BMW, Volkswagen, Audi and Porsche.
Gonzalo Urquijo
Gonzalo Urquijo joined Ferrovial as an independent director in 2019after the departure of Santiago Bergareche, CEO between 1999 and 2002 and present on the Board of Directors for 20 years.
Urquijo is a history of the Ibex-35: CEO of Talgo, president of Abengoa, president of ArcelorMittal or director of Gestamp are some of the positions he has held in the past.
Juan Manuel Hoyos Martinez de Irujo
Juan Manuel Hoyos is independent director and coordinator of the Board since 2019, a position that he combines with being an adviser to the developer Inmoglaciar and the company specialized in debt collection Gescobro. Previously, he was a partner and director of McKinsey, worked for Banco Santander in Spain and Latin America and was president of the toxic brick management company Haya Real Estate.
The personal friend of former President Aznar did not have any shares in the company; although, according to Europa Press, he bought 5,000 shares on March 6 for 136,350 euros.
Bruno DiLeo
Appointed in 2018, Bruno Di Leo acts as an independent director, specialized in technology and innovation. Of Peruvian origin, he worked for 40 years in the United States IBM, of which he became general director for Latin America and Brazil. Currently he also works as a director of the Cummins diesel engine manufacturing company and participates in various universities, in Spain at IESE.
Hanne Sørensen
Signed in 2017, Hanne Birgitte is an external and independent director. In the past, she was the CEO of logistics companies and now works as a consultant in many companies: in the car companies Jaguar Land Rover and Tata Motors, the engineering company Sulzer, the consulting firm Tata Consultancy Services or the Swiss materials company Holcim.
Philip Bowman
Philip Bowman is Ferrovial director since 2016 as an independent external. He came in to replace Howard Lee Lance, who was named president and CEO of the North American aerospace company MDA Corporation.
In Spain, he was one of the architects of the sale of the Scottish energy company Scottish Power to Iberdrola in 2006. He is currently one of the advisers of the Emirati billionaire Majid Al Futtaimwhich has a real estate and business empire in Asia and Africa.
Jose Fernando Sanchez-Junco
Jose Fernandez Sanchez-Junco has been part of Ferrovial since 2004, then as a director of Cintra. After serving more than 12 years as an external director in 2021, the company appointed him as an independent director.
Your position on the Council has been questioned by one of the company’s top shareholders, Leopoldo del Pino, brother of the president. In a letter sent in April of last year, before the Shareholders’ Meeting was held, Leopoldo questioned the appointment due to his age, since Fernández Sánchez-Junco is 76 years old.
Maria del Pino
Maria del Pino is proprietary counselor and one of the strong figures of the Council, being the second largest shareholder, with 8.2%, only behind his brother Rafael. He has been present in the top decisions of the infrastructure company since 2006 and, in addition, he chairs the Rafael del Pino Foundation. His activity is more related to philanthropy than to business. In addition to his relationship with Ferrovial, he is a member of the Príncipe de Asturias Board of Trustees.
Oscar Fanjul
Óscar Fanjul is one of the most recognized faces of the company for being one of the founders and the first president of Repsol. In recent years, has been the brain of Omega Capital, the investment vehicle of Alicia Koplowitz, one of the greatest fortunes in Spain. In 2020 he stepped aside and is solely an advisor to Omega.
In parallel, Fajul has been an external and independent director of Ferrovial since 2015 and vice president since 2020who inaugurated this position practically in parallel to Ignacio Madridejos, current CEO.
Like Hoyos Martínez de Irujo, the former president of Repsol bought 10,000 Ferrovial shares on March 1 for 267,000 eurosjust one day after the company announced its departure from Spain.
Ignacio Madridejos
Ignacio Madridejos He has served as CEO of the infrastructure company since 2019, when he replaced Íñigo Meirás. The former CEO, now CEO of Logista, was the great architect of the internationalization of Ferrovial and saved the company after the bursting of the real estate bubble. Madridejos worked, in a first stage, for Ferrovial as construction manager in 1990. Later, he developed his career at McKinsey, Agroman and, mainly, Cemex.
With Madridejos as CEO, Ferrovial launched the 2020-2024 Strategic Plan‘Horizon 24’, where it focused its activity on highways, with an eye on reducing emissions.
Rafael del Pino Calvo-Sotelo
Related news
Rafael del Pino is the most relevant figure on the entire Ferrovial Board of Directors. Because? He is the company’s largest shareholder, with a 20.44% stake, which he keeps in a company in the Netherlands, as revealed by EL PERIÓDICO DE ESPAÑA. In addition, he holds the position of Executive Chairman and Proprietary Director.
He has spent practically his entire working life working at Ferrovial, succeeding his father, also Rafael del Pino. He studied Road, Canal and Port engineering from him and was CEO of the company since 1992. In the year 2000 he became presidenta position in which he has already accumulated 23 years.