Alsea’s Board of Directors, aware of its responsibilities as a publicly traded company, has implemented a series of Corporate Governance measures. We have worked to institutionalize the Company through transparent practices, which, over time we have not only managed to do, but we have surpassed what was established in the Code of Corporate Best Practices.
We seek the institutionalization of the company through transparent practices.
Management of the Issuer is the responsibility of a Board of Directors comprised of 11 members, ratified or named at the Ordinary General Shareholders’ Meeting held on April 29, 2021. The Board of Directors is comprised of 11 members, of whom 3 are related proprietary members, 2 are independent proprietary members and 6 are independent with a board member who is related proprietary by the company acting as the chairman. With a desire to have an impartial vision of strategic planning, Alsea has incorporated the figure of an Independent Board Member, who today represents more 50% of all of the Board Members, which percentage surpasses the 25% required by the Stock Markets Law. There is no Substitute Board Member at Alsea, as we believe that if a Board Member with an equity stake does not attend the meetings of the Board of Directors, this dilutes their obligations before the other members of the Board of Directors. At our company, a board meeting may be summoned at the request of at least 25% of the Board Members.
Related Proprietary
Board Member since 1997
Date of birth
October 04, 1963
October 04, 1963
Nationality
Mexican
Mexican
Education
Accounting, Autonomous Technological Institute of Mexico.
Postgraduate Academic Training Pan American Institute of Business Management.
Various programs at Wharton University and Harvard Business School.
Accounting, Autonomous Technological Institute of Mexico.
Postgraduate Academic Training Pan American Institute of Business Management.
Various programs at Wharton University and Harvard Business School.
Professional experience
He has been Executive President, General Manager, Corporate Director of DIA and Domino's Pizza Mexico.
He was President of the National Association of Fast Food Services and the Communication Council.
He has been Executive President, General Manager, Corporate Director of DIA and Domino's Pizza Mexico.
He was President of the National Association of Fast Food Services and the Communication Council.
Other activities
He is a member of the CMN, the ProBosque Trust and the Trilateral Commission of North America.
He participates in the Council Administration of Banco Santander, BMV and BECLE.
He is a member of the CMN, the ProBosque Trust and the Trilateral Commission of North America.
He participates in the Council Administration of Banco Santander, BMV and BECLE.
Board Member since 1997
Date of birth
August 01, 1962
August 01, 1962
Nationality
Mexican
Mexican
Education
Bachelor of Law, Autonomous Technological Institute of Mexico.
Postgraduate, Pan American Institute of Business Management.
Bachelor of Law, Autonomous Technological Institute of Mexico.
Postgraduate, Pan American Institute of Business Management.
Professional experience
He was Alsea Chairman of the Board, Alsea CEO and Alsea Director of Supply Chain and Other Activities in Alsea.
He was Alsea Chairman of the Board, Alsea CEO and Alsea Director of Supply Chain and Other Activities in Alsea.
Other activities
He is a member of the Board of Directors of Actinver, Sports World and Mac Hospitals.
He is a member of the Board of Directors of Actinver, Sports World and Mac Hospitals.
Board Member since 1997
Date of birth
September 17, 1969
September 17, 1969
Nationality
Mexican
Mexican
Education
Bachelor of Business Administration, Universidad del Valle de Mexico.
Postgrade in Pan American Institute of Business Management.
Bachelor of Business Administration, Universidad del Valle de Mexico.
Postgrade in Pan American Institute of Business Management.
Professional experience
In 2022 he was appointed Alsea Managing Director, previously serving as International Director, of LATAM Director of Real Estate Development, Casual Dinning and Domino’s Pizza Mexico.
In 2022 he was appointed Alsea Managing Director, previously serving as International Director, of LATAM Director of Real Estate Development, Casual Dinning and Domino’s Pizza Mexico.
Independent Proprietary
Board Member since 1999
Date of birth
December 11, 1960
December 11, 1960
Nationality
Mexican
Mexican
Education
Industrial Engineer, National Autonomous University of Mexico.
MBA, Pan American Institute of Business Management.
Industrial Engineer, National Autonomous University of Mexico.
MBA, Pan American Institute of Business Management.
Professional experience
He was Alsea Strategy Director, Alsea International, Alsea Mexico, Starbucks Mexico, Casual Dining and Domino's Pizza Mexico.
He was Alsea Strategy Director, Alsea International, Alsea Mexico, Starbucks Mexico, Casual Dining and Domino's Pizza Mexico.
Other activities
Participates in the Boards of Directors of SuKarne Company, UNAM Foundation and Salud Digna.
Participates in the Boards of Directors of SuKarne Company, UNAM Foundation and Salud Digna.
Board Member since 2006
Date of birth
February 03, 1963
February 03, 1963
Nationality
Mexican
Mexican
Education
Graduated from the University of the New World.
Postgraduate Degree in Business Management, Pan American Institute of Business Management.
Graduated from the University of the New World.
Postgraduate Degree in Business Management, Pan American Institute of Business Management.
Professional experience
He was General Manager of Alsea, of Alsea International and Director of Burger King Mexico, He led the Shared Services Center of Alsea.
He was General Manager of Alsea, of Alsea International and Director of Burger King Mexico, He led the Shared Services Center of Alsea.
Other activities
He participates in the Councils of Grupo Sports World, Quonia (Spain), Museo Tamayo, Grupo Von Haucke (MX) and Co-Madre/Passwork (MX).
He participates in the Councils of Grupo Sports World, Quonia (Spain), Museo Tamayo, Grupo Von Haucke (MX) and Co-Madre/Passwork (MX).
Independent
Board Member since 2012
Date of birth
November 27, 1954
November 27, 1954
Nationality
Mexican
Mexican
Education
BSE degree in Chemical Engineering, Universidad Iberoamericana.
MBA, University of Minnesota.
MFS, Cornell University, NY.
BSE degree in Chemical Engineering, Universidad Iberoamericana.
MBA, University of Minnesota.
MFS, Cornell University, NY.
Professional experience
More than 30 years in developed (United States) and emerging (Latin America) markets. His career includes the Areas of Marketing, Sales, Research and Development, as well as the General Management and Chairman.
He spent 25 years with Mars Inc.. Participates in the Boards of Directors of Grupo Proeza, Industrias Alen, Niagara Bottling, Diltex and Grupo Ruz.
More than 30 years in developed (United States) and emerging (Latin America) markets. His career includes the Areas of Marketing, Sales, Research and Development, as well as the General Management and Chairman.
He spent 25 years with Mars Inc.. Participates in the Boards of Directors of Grupo Proeza, Industrias Alen, Niagara Bottling, Diltex and Grupo Ruz.
Board Member since 2023
Date of birth
November 14, 1989
November 14, 1989
Nationality
Mexican
Mexican
Education
Environmental Engineer, Southern Methodist University, Dallas, TX, USA.
Environmental Engineer, Southern Methodist University, Dallas, TX, USA.
Professional experience
Is the Director of a Family Office and advises executives on strategy issues. She is co-author of the first and second edition of the Women Matter MX studies and is an expert on gender diversity and inclusion issues. Was a consultant with McKinsey & Company.
Is the Director of a Family Office and advises executives on strategy issues. She is co-author of the first and second edition of the Women Matter MX studies and is an expert on gender diversity and inclusion issues. Was a consultant with McKinsey & Company.
Other activities
External Adviser for McKinsey & Company.
External Adviser for McKinsey & Company.
Board Member since 2019
Date of birth
April 19, 1951
April 19, 1951
Nationality
Mexican
Mexican
Education
Economics, Instituto Tecnológico y de Estudios Superiores de Monterrey.
MBA, ITESM.
Postgraduate studies in Economic Development, Instituto di Studi per lo Sviluppo Economico in Naples, Italy.
Several Administrative Management programs, IPADE.
Economics, Instituto Tecnológico y de Estudios Superiores de Monterrey.
MBA, ITESM.
Postgraduate studies in Economic Development, Instituto di Studi per lo Sviluppo Economico in Naples, Italy.
Several Administrative Management programs, IPADE.
Professional experience
He was General Director of the Cervecería Cuauhtémoc Moctezuma .
He was General Director of Coca-Cola FEMSA.
He was FEMSA General Director from 2013 to 2018.
More than 45 years at FEMSA where he led various operations.
He was Chairman of the Board in Nuevo Leon.
He was President of the Commission Siglo XXI, Monterrey.
He was Chairman of the Board of the Business Coordinating Council.
He is a Board Member of the Academic Council of the Tecnologico de Monterrey.
He is Chairman of the Board of the Tecnologico de Monterrey Business Schools Council and EGADE Business School.
He is a board member of BBVA Global.
He was General Director of the Cervecería Cuauhtémoc Moctezuma .
He was General Director of Coca-Cola FEMSA.
He was FEMSA General Director from 2013 to 2018.
More than 45 years at FEMSA where he led various operations.
He was Chairman of the Board in Nuevo Leon.
He was President of the Commission Siglo XXI, Monterrey.
He was Chairman of the Board of the Business Coordinating Council.
He is a Board Member of the Academic Council of the Tecnologico de Monterrey.
He is Chairman of the Board of the Tecnologico de Monterrey Business Schools Council and EGADE Business School.
He is a board member of BBVA Global.
Board Member since 2019
Date of birth
July 06, 1969
July 06, 1969
Nationality
Mexican
Mexican
Education
Accounting, Instituto Tecnológico Autónomo de México.
Diploma in International Taxes, Instituto Tecnológico de México.
Accounting, Instituto Tecnológico Autónomo de México.
Diploma in International Taxes, Instituto Tecnológico de México.
Professional experience
He has collaborated for more than 15 years in Chevez, Ruiz, Zamarripa.
He has collaborated for more than 15 years in Chevez, Ruiz, Zamarripa.
Other activities
Member of IMEF (Mexican Institute of Finance Executives), CCPM (Association of Public Accountants of Mexico), IMCP.
Member of IMEF (Mexican Institute of Finance Executives), CCPM (Association of Public Accountants of Mexico), IMCP.
Board Member since 2019
Date of birth
August 24, 1962
August 24, 1962
Nationality
Brazilian
Brazilian
Education
Administration, Fundação Armando Alvares Penteado (FAAP) University, in Brazil.
Administration, Fundação Armando Alvares Penteado (FAAP) University, in Brazil.
Professional experience
He worked at Accenture for more than 30 years where he was the leader of several initiatives.
His main areas of expertise are the Mass Consumption, Retail and Natural Resources Business.
He was Chairman of the Board of the Mexican Association of the Information Technology Industry.
He was a member of the Board of the Mexico Business Summit He chaired the Board of the NGO Impulsa-Junior Achievement.
He worked at Accenture for more than 30 years where he was the leader of several initiatives.
His main areas of expertise are the Mass Consumption, Retail and Natural Resources Business.
He was Chairman of the Board of the Mexican Association of the Information Technology Industry.
He was a member of the Board of the Mexico Business Summit He chaired the Board of the NGO Impulsa-Junior Achievement.
Other activities
Board Members of National Monte de Piedad, IOS Offices, Zapata Group, Nadro Group, Alpura and Pena Verde Group.
He is Chairman of the Board at ABC Medical Center.
Board Members of National Monte de Piedad, IOS Offices, Zapata Group, Nadro Group, Alpura and Pena Verde Group.
He is Chairman of the Board at ABC Medical Center.
Board Member since 2021
Date of birth
July 19, 1981
July 19, 1981
Nationality
Mexican
Mexican
Education
Economics and International Relations, Instituto Tecnológico Autónomo de México.
Master of Agricultural Economics and Community Development, University of California.
Postgraduate in Exponential Technologies, Singularity University.
Economics and International Relations, Instituto Tecnológico Autónomo de México.
Master of Agricultural Economics and Community Development, University of California.
Postgraduate in Exponential Technologies, Singularity University.
Professional experience
Recognized as one of the most powerful women in Mexico by Forbes and with more than 17 years’ experience, she is an innovation expert, exponential technologies and entrepreneurship. She leads Meta Immersive Learning, a global fund of $150MDD for metaverse education, as well as leading alliances with educational stakeholders worldwide for Meta. Sue founded 6 companies with a technological focus and is an investor in startups in the Fintech, Enterprise and SaaS sectors.
Recognized as one of the most powerful women in Mexico by Forbes and with more than 17 years’ experience, she is an innovation expert, exponential technologies and entrepreneurship. She leads Meta Immersive Learning, a global fund of $150MDD for metaverse education, as well as leading alliances with educational stakeholders worldwide for Meta. Sue founded 6 companies with a technological focus and is an investor in startups in the Fintech, Enterprise and SaaS sectors.
Other activities
Member of the Board of four Boards of Directors, including Grupo Visión Futuro, Coppel.
Member of the Board of four Boards of Directors, including Grupo Visión Futuro, Coppel.
Board Member since 2023
Date of birth
June 23, 1977
June 23, 1977
Nationality
American
American
Education
Duke University (BA in Economics and International Relations).
Harvard Business School (MBA).
Duke University (BA in Economics and International Relations).
Harvard Business School (MBA).
Professional experience
Innovative technology investor with more than 22 years’ experience identifying key trends, managing complex fundraising and M&A transactions, and driving corporate strategies within international environments. Christine is a Partner at IGNIA Venture Capital, having previously held leadership roles at Google, EF Education First, EY Parthenon.
Innovative technology investor with more than 22 years’ experience identifying key trends, managing complex fundraising and M&A transactions, and driving corporate strategies within international environments. Christine is a Partner at IGNIA Venture Capital, having previously held leadership roles at Google, EF Education First, EY Parthenon.
Other activities
Christine participates in five other Boards of Directors, with experience in the Finance, Human Resources and ESG Committees.
Christine participates in five other Boards of Directors, with experience in the Finance, Human Resources and ESG Committees.
Technical Secretary
Vocal
Vocal
Secretary
(Non member of the Board of Directors)
(Non member of the Board of Directors)
Nationality
Mexican
Mexican
Professional experience
Partner in, Díaz de Rivera y Mangino, S.C.
Was elected as Secretary by the Ordinary General Meeting of Shareholders held on May 21st, 1997 and has been ratified continuously by the subsequent.
Xavier Mangino Dueñas, is a Founding Partner of DLA Piper México, S.C. professor of the Commercial Law I and II subject at Universidad Panamericana.
Partner in, Díaz de Rivera y Mangino, S.C.
Was elected as Secretary by the Ordinary General Meeting of Shareholders held on May 21st, 1997 and has been ratified continuously by the subsequent.
Xavier Mangino Dueñas, is a Founding Partner of DLA Piper México, S.C. professor of the Commercial Law I and II subject at Universidad Panamericana.
In compliance with the New Stock Markets Law, and in order to support the Board of Directors in its functions, Alsea has created two committees as middle-management entities.
León Kraig Eskenazi
President
President
Cosme Alberto Torrado Martínez
Member
Member
Fabián Gerardo Gosselin Castro
Member
Member
Leticia Mariana Jauregui Casanueva
Member
Member
Elizabeth Estrella Garrido López
Secretary (Non Member)
Secretary (Non Member)
Roles and responsibilities
- Recommendation for appointment or removing the CEO and top-level managers.
- Formulation of criteria for evaluation of CEO and top-level managers.
- Recommendation for criteria for determining severance payment of the CEO and top-level managers.
- Recommend criteria for the members of the board compensation.
- Analyze proposals made by the CEO regarding to employee compensation structure and criteria.
- Analyze and present to the Board for approval, the manifestation of social responsibility, the code of ethics and the information systems for protecting informants and reporting illegal acts.
- Analyze and propose to the Board the approval of the formal CEO and top-level managers succession plan, as well as verify its compliance.
- Study and propose to the Board the Company’s strategic vision to ensure its stability and permanence over time.
- Analyze the general guidelines presented by the CEO in order to determinate the company’s strategic plan and following up on its implementation.
- To evaluate the Company’s investment and financing policies proposed by the CEO and give their opinion to the Board.
- Issue an opinion regarding the premises of the annual budget presented by the CEO and to follow up on its implementation, as well as on its control system.
- Evaluate the mechanisms presented by the CEO for the identification, analysis, management and risk control to which the company is subject and give their opinion to the Board.
- Evaluate the criteria presented by the CEO for the disclosure of the risks to which the company is subject and give their opinion to the Board.
Alfredo Sanchez Torrado
President
President
Luiz Carlos Ferezin
Member
Member
Federico Tejado Bárcena
Member
Member
Elizabeth Estrella Garrido López
Secretary (Non Member)
Secretary (Non Member)
Roles and responsibilities
- Recommendation for appointment, remuneration and terms of appointment of external auditors of the company and supervising the fulfilment thereof.
- To be the channel of communication between the Board and external auditors, as well as ensuring the independence and objectivity of them.
- Reviewing the working program, letters of observations and internal and external audit reports, also inform the Board about the results.
- To meet periodically with the internal and external auditors, with no presence of company officials to listen to their comments and observations about the work progress.
- To give their opinion about policies and financial information criteria, as well as of the process for its issuance, ensuring reliability, quality and transparency.
- Contribute in the definition of the general guidelines of the internal control, of the internal audit and evaluate its effectiveness.
- Ensure that appropriate risk control is in place.
- To coordinate the internal auditor’s activities and the curator as appropriate.
- Contribute to establish the related party transactions policy.
- Analyze and evaluate related party transactions to provide with reasonable recommendations.
- To hire third-party experts to issue opinions regarding the related party transactions or any other matter, ensuring the proper execution of their responsibilities.
- Verify the code of ethics compliance and the mechanisms of revelations of improper acts and protection of informants.
- To analyze the contingency plans and information recovery.
- Verify and ensure that all necessary mechanisms to complies with the different legal provisions are in place.