Annual Report and Consolidated Accounts 2015
Note about activity of the non-executive member
of the Board of Directors
The non-executive member of Ibersol’s Board of Directors, Juan
Carlos Vázquez- Dodero, took part in 10 meetings of the Board of
Directors, i.e. 90% of the meetings held. He was previously provided
with all the information and documentation pertaining to matters
on the agenda of those meetings.
The non-executive director participated in several meetings of the
Executive Committee, especially those dealing with the strategy
and planning of the Group’s businesses.
He often requested detailed information from the Executive Com-
mittee regarding decisions affecting the development and expansion
of the businesses.
At a functional level heworked closelywith theDepartment ofManage-
ment Control and Planning. He met five times with the department’s
heads to jointly evaluate 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 himwith detailed information every
quarter, enabling him to follow operational activity and evaluate
executive management performance vis-à-vis the plans and budg-
ets approved by the Board of Directors, and all the clarifications
requested were provided.
The non-executive member was present in every meeting held with
the Audit Committee and followed all the corporate governance
matters that arose during the financial year.,
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