CORPORATE GOVERNANCE
Shareholders decide on the composition of the Board of Directors. Since 2016, it has been made up of nine board members, both independent and connected to the controlling company. In this role for three years, they meet regularly each month and extraordinarily when appropriate.
It fulfills the duties of corporate administration regulated under Law 18,046 on Corporations. It is responsible for strategic planning in terms of review, correction, validation and monitoring of its performance, as well as the annual business plan and budget for its execution.
It meets at least once every six months with executive partners from the external audit firm in charge of examining the financial statements in order to discuss the audit plan and other key aspects in this regard.
Shareholders decide on the composition of the Board of Directors. Since 2016, it has been made up of nine board members, both independent and connected to the controlling company. In this role for three years, they meet regularly each month and extraordinarily when appropriate.
It fulfills the duties of corporate administration regulated under Law 18,046 on Corporations. It is responsible for strategic planning in terms of review, correction, validation and monitoring of its performance, as well as the annual business plan and budget for its execution.
It meets at least once every six months with executive partners from the external audit firm in charge of examining the financial statements in order to discuss the audit plan and other key aspects in this regard.
MEMBERS
Luis Felipe Gazitúa Achondo
Chairman
Appointment date: 26/04/2019
Jorge Bernardo Larraín Matte
Vice-Chairman
Appointment date: 28/04/2022
Ximena Verónica Corbo Urzúa
Board Member
Appointment date: 28/04/2022
María Cecilia Facetti De Savoldi
Board Member
Appointment date: 28/04/2022
Jorge Eduardo Marín Correa
Board Member
Appointment date: 26/04/2019
Jorge Matte Capdevila
Board Member
Appointment date: 26/04/2019
Bernardo Matte Izquierdo
Board Member
Appointment date: 28/04/2022
Carmen Margarita Isabel Sfeir Jacir
Board Member
Appointment date: 28/04/2022
Pablo Turner González
Board Member
Appointment date: 26/04/2019
Patricio De Solminihac T
Permanent advisor to the Board of Directors
BOARD COMMITTEES
The Board of Directors has two committees for fulfilling its duties. They are free to turn to specialists when deemed appropriate, limited by the expenditure budget approved for the respective year.
The Board of Directors has two committees for fulfilling its duties. They are free to turn to specialists when deemed appropriate, limited by the expenditure budget approved for the respective year.
COMMITTEES WITH BOARD PARTICIPATION
For guidance and oversight on environmental, social and governance (ESG) issues, the Board is supported by five committees composed of senior executives and external advisors who monitor them and report on their progress. These are occasions for problems analysis, management, and resolution regarding ESG matters, to later be reported to the Board in accordance with its regular schedule. They also report critical communications on these matters.
For guidance and oversight on environmental, social and governance (ESG) issues, the Board is supported by five committees composed of senior executives and external advisors who monitor them and report on their progress. These are occasions for problems analysis, management, and resolution regarding ESG matters, to later be reported to the Board in accordance with its regular schedule. They also report critical communications on these matters.
RISK COMMITTEE
It monitors the progress of the execution of the risk program and critical risks and their mitigation measures.
MEMBERS:
General Manager, three CMPC Board Members, General Counsel, Risk Manager
FREQUENCY:
Quarterly
FINANCE COMMITTEE
It analyzes the Company's financial policy. Investment policies and compliance with covenants and financing ratios are defined.
MEMBERS:
General Manager, two CMPC Board Members, Finance and Administration Manager, External Advisor
FREQUENCY:
Quarterly
IT COMMITTEE
It oversees the Company's IT strategy, including cybersecurity.
MEMBERS:
General Manager, one CMPC Board Member, Cybersecurity Manager, External Advisor
FREQUENCY:
Quarterly
INTERNATIONAL COMMITTEE
It analyzes corporate governance to make sure a company’s international structure is efficient, looking for optimizations and best practices.
MEMBERS:
General Manager, three CMPC Board Members, one Softys Board Member, Guest Executives.
FREQUENCY:
Quarterly
SUSTAINABILITY AND REGULATORY COMMITTEE
It oversees the implementation of the sustainability strategy, verifies compliance with sustainability goals and monitors associated impacts.
MEMBERS:
General Manager, three CMPC Board Members, General Counsel, Corporate Affairs and Sustainability Manager, Environment, Occupational Health and Safety Manager, Sustainability Manager.
FREQUENCY:
Quarterly
SENIOR EXECUTIVES
The general manager is in charge of the senior executives, all high-level professionals, who are responsible for implementing the Board guidelines.
Francisco Ruiz-Tagle Edwards
Empresas CMPC General Manager
Appointment date: 08/01/2018
Felipe Alcalde Arrau
Innovation and Information Manager
Appointment date: 04/03/2019
José Antonio Correa García
Corporate Development Manager
Appointment date: 01/12/2018
Rafael Cox Montt
General Counsel
Appointment date: 01/01/2010
Gonzalo Darraidou Díaz
Softys General Manager
Appointment date: 01/11/2015
Florencia Iglesias
People & Organization Manager
Appointment date: 21/06/2021
Fernando Hasenberg
Administration and Finance Manager
Appointment date: 09/11/2021
Jorge Navarrete García
CMPC Biopackaging Manager
Appointment date: 01/02/2020
Sandra Riquelme
Environmental Manager
Appointment date: 18/01/2021
Guillermo Turner Olea
Corporate Affairs Manager
Appointment date: 01/05/2016
Raimundo Varela Labbé
CMPC Cellulose Manager
Appointment date: 15/09/2020
