Corporate Governance

Members of the Board of Directors were chosen by shareholders. Since 2016, it consists of nine directors, both related to the parent company and independent. Their positions are held for three years. Ordinary sessions occur once a month and extraordinary sessions as needed.

The main purpose of the Board of Directors, regulated by Law 18,046 on private companies, is the administration of the company. It is responsible for strategic planning, including the review, correction, validation and supervision of its execution, as well as the annual business plan and its corresponding budget.

The Board meets at least once a quarter, with members of the external auditing company in charge of auditing the company’s financial statements, in order to analyze the auditor’s plan and other relevant issues.

Members


Luis Felipe Gazitúa A.

President

Date of appointment

4/29/2016

Vivianne Blanlot S.

Director

Date of appointment

4/29/2016

Rafael Fernández M.

Director

Date of appointment

4/29/2016

Jorge Larraín M.

Director

Date of appointment

4/29/2016

Jorge Matte C.

Director

Date of appointment

4/29/2016

Bernardo Matte L.

Director

Date of appointment

4/29/2016

Jorge Marín C.

Director

Date of appointment

4/29/2016

Ramiro Mendoza Z.

Director

Date of appointment

4/29/2016

Pablo Turner G.

Director

Date of appointment

4/29/2016

Members

At CMPC we also have a set of volunteer committees that coordinate their efforts with those of the Board of Directors.



Directors´ Committee

Carries out the functions established in Article 50 bis of Law N° 18.046 and those requested by the Board of Directors. During 2017 this Committee did not hire any special consulting assitance.

Integrantes

Jorge Marín

Vivianne Blanlot

Rafael Fernández

Ethics and Compliance Committee

The company’s highest authority in terms of ethics and compliance with standards and internal policies.

Integrantes

Luis Felipe Gazitúa

Ramiro Mendoza

Francisco Ruiz-Tagle

Rafael Cox

Audit Committee

Supervises and coordinates actions aimed at identifying, reporting and preventing risks affecting businesses. It reviews the risk matrix and reports periodically submitted by the Managing Comptroller to the Board of Directors. It also approves the annual internal audit plan prepared by the respective management and supervises its execution.

Integrantes

Luis Felipe Gazitúa

Ramiro Mendoza

Vivianne Blanlot

Rafael Cox

Financial Risks Committee

Its function is to analyze the financial risks of the company, with emphasis on the contracting of derivatives and other financial operations.

Integrantes

Luis Felipe Gazitúa

Jorge Marín

Bernardo Matte L.

Francisco Ruiz-Tagle

Ignacio Goldsack

Rafael Cox

an external consultant assigned by the Board of Directors.

Corporate Affairs Committee

Its function is to define the objectives and evaluate the implementation of CMPC’s sustainability, community and environmental programs.

Integrantes

Luis Felipe Gazitúa

Jorge Larraín

Francisco Ruiz-Tagle

managers from the business areas (Pulp, Paper and Tissue)

Rafael Cox

Guillermo Turner

Senior executives

The CEO manages the senior executives, all of whom are highly professional and responsible for the implementation of the guidelines of the Board of Directors.


Francisco Ruiz-Tagle Edwards

CEO

Date of appointment

01/08/2018

Rafael Cox Montt

Chief Legal Officer

Date of appointment

01/01/2010

Gonzalo Darraidou Díaz

CEO of CMPC Tissue

Date of appointment

01/11/2015

Ignacio Goldsack Trebilcock

Finance Manager

Date of appointment

01/02/2016

Cristóbal Irarrázabal

CEO of CMPC Packaging

Date of appointment

26/03/2018

Open position

CEO of CMPC Pulp

Date of appointment

Jacqueline Saquel Mediano

Corporate Development Manager

Date of appointment

29/01/2013

Guillermo Turner Olea

Corporate Affairs Manager

Date of appointment

01/05/2016