23/02/2021 – 19:44 Updated: 20:36 – 02/23/21
Prisa has communicated this Tuesday to the National Securities Market Commission (CNMV) the composition of its new Board of Directors and the changes in its committees, highlighting the appointment of Joseph Oughourlian as non-executive chairman of the board of directors and that of Rosauro Varo as vice president.
Oughourlian had been holding the vice-presidency of the Council since April 2019, and thus happens to occupy the presidency of the same that was vacated when Javier Monzón was dismissed in December.
Furthermore, as Oughourlian is a proprietary director on behalf of Amber Capital -prisa’s main shareholder with 29.8% of the capital-, the appointment of Varo, who is an independent director, has been approved as vice chairman of the Board.
On the other hand, Javier de Jaime has resigned as a member of the Board alleging other professional responsibilities and his “desire to improve gender diversity on the Board,” says the statement sent to the CNMV. Instead, Pepita Marín accedes as a member, whose “experience in e-commerce and digitization, auditing, entrepreneurship and generational renewal stand out.”
“With the changes in the board of directors we want to start a stage of transformation and generational change within the board itself and the organization,” explained Oughourlian.
The new non-executive chairman has underlined that the profiles incorporated in the positions of the board “will allow to promote, together with the CEO of the group, Manuel Mirat, the company’s roadmap”.
Oughourlian trained in Paris at the HEC and IEP (SciencesPo) business schools and at the Sorbonne. He began his career at Société Générale in the French capital in 1994 and moved to New York in 1996. In 2001 he created Amber Fund and in 2005 he founded Amber Capital. Oughourlian joined Prisa’s board of directors in December 2015 and was appointed vice president in April 2019. Following the meeting on December 18, he served as the acting chair of the group.
Rosauro Varo has a degree in Law from the University of Seville. He started his business career more than 20 years ago with different entrepreneurship projects. Currently, he develops his business initiatives through GAT Inversiones, a group of which he is president. Likewise, he is currently a member of the board of directors of the Círculo de Empresarios del Sur de España (CESUR).
Varo has been vice president of the telecommunications company PepePhone and a member of various Boards of Directors, including among them El León de El Español Publicaciones, SA, publishing company of the digital newspaper El Español and the financial portal Invertia. He is a professor of the Master in Finance and Banking at the Pablo Olavide University of Seville and a speaker in the Senior Management Program of Leading Companies and Institutions of the San Telmo Business School, where he addresses subjects such as business mergers and acquisitions or the digital economy.
Its social commitment is conveyed through the board of the ALALA Foundation, a benchmark in the development of social integration projects for groups at risk of exclusion in southern Spain.
Marín has training in international management and business financing. She has a degree in E4 from Icade and Reims Management School in a double Spanish-French degree in international business sciences. After working as a consultant at Oliver Wyman and as an auditor at PwC, she founded and is the CEO of We Are Knitters.
Pepita Marín was distinguished in 2020 with the Princess of Girona Business Award for “knowing how to unite tradition and modernity, turning the ancient tradition of weaving into a modern hobby”. Since 2019, Pepita has been an Endeavor Spain Entrepreneur.
With this appointment and following the recommendations for good corporate governance, the presence of women on the board of directors of the media group is reinforced.