Annual Report and Consolidated Account
014
95
Note about activity of the non-executive
member of the Board of Directors
The non-executive member of the Ibersol Board of
Directors, Juan Carlos Vázquez-Dodero, took part in
six meeting of the Board of Directors, i.e. 100% of the
meetings held. He was previously supplied with all
information and documentation pertinent to matters
on the agenda of those meetings.
The non-executive director participated in several
meetings of the Executive Committee, especially those
dealing with strategy and planning of the Group’s busi-
nesses.
He often requested detailed information from the
Executive Committee regarding decisions affecting
development and expansion of the businesses.
At functional level he worked closely with the Depart-
ment of Management Control and Planning. He met
four times with the department’s heads to jointly evalu-
ate tools and methodologies and determine ways to
improve control of the businesses. He also supplied
relevant macroeconomic information to help assess
the situation in Spain.
Management Control provided him with detailed in-
formation every quarter, enabling him to follow op-
erational activity and evaluate executive management
performance vis-à-vis the plans and budgets approved
by the Board of Directors. All explanations requested
were provided.
The non-executivemember was present at all meetings
with the Fiscal Council and followed all corporate gov-
ernance matters that arose during the financial year.
activity of the
non-executive
member of
the Board of
Directors
