BOARD OF DIRECTORS
Alberto Gavazzi
BENJAMIN J. BABCOCK
Sergio Dias
Gloria Hernández
José Wahnon Levy
Vicente Trius Oliva
Luisa Delgado
Rut Aranda
Paloma Pérez
Sara Díez
Alberto Gavazzi
BENJAMIN J. BABCOCK
Sergio Dias
Gloria Hernández
José Wahnon Levy
Vicente Trius Oliva
Luisa Delgado
Rut Aranda
Paloma Pérez
Sara Díez
Alberto Gavazzi
Chairman of the Board / EXTERNAL PROPRIETARY DIRECTOR
Alberto
Gavazzi
Date of appoinment: 19.01.2024 by co-optation. Ratified by the AGM on 28th June, 2024.
Date of appointment as Chairman of the Board: 20 June 2025.
- Represented Shareholder: L1R INVEST1 HOLDINGS, S.A.R.L.
- Number of shares: 0
Alberto Gavazzi (Brazilian and Italian nationality) is an executive with extensive experience in FMCG multinationals such as Diageo, where he spent a large part of his career. In recent years, he has also been an advisor to Private Equity firms such as Bain Capital and Metric Capital, among others, a founding partner of Unlock Beverages, a venture capital firm focused on start-ups in the beverage sector with investments in Brazil, the United States and the United Kingdom, as well as a member of the Advisory Board of the University of Miami Business School.
He holds a degree in Business Administration and Management from the Catholic University of Sao Paulo (Brazil) and is a graduate of the Advanced Management Programme at INSEAD in Paris (France). During his more than 30-year career, he has held management positions in North America, Europe and South America. He started his career in multinationals such as Unilever and Colgate in Brazil, and later joined Diageo, a leading multinational in the premium drinks segment, where he held various international roles during his 27-year career.
His most recent role at Diageo was as President of Diageo Latin America, Global Travel and Global Sales, forming part of the firm’s Global Executive Committee. In this position, Gavazzi was responsible for the performance of the business in Latin America and the Caribbean, managing three business units and a team of more than 2,500 people.
BENJAMIN J. BABCOCK
MEMBER OF THE BOARD / EXTERNAL PROPRIETARY DIRECTOR
Benjamin J.
Babcock
Date of appoinment: 23.05.2023 by co-optation. Ratified by the AGM on 28th June, 2023.
Last re-election date: 20 June 2025.
- Represented Shareholder: L1R INVEST1 HOLDINGS, S.A.R.L.
- Number of shares: 0
Mr Babcock has a BA (Hons) in East Asian Studies from the University of Toronto, an MsC from the London School of Economics and is a Chartered Accountant. Since 2020 is a Managing Director of Corporate Finance at LetterOne. In the previous decade, he was Managing Director of Morgan Stanley in London, and prior to this role he also worked for Merrill Lynch and Lazard in London and Canada. During his career, Babcock has advised companies and investors on a number of recapitalisation, refinancing and M&A transactions across the energy, transportation, telecommunications, infrastructure and manufacturing industries in Europe and the Middle East.
Sergio Dias
Member of the Board / Other external director
SergioDias
Date of the appointment: 20th May, 2019 and ratified by the AGM on 30th August, 2019. Date of last reappointment: June, 28, 2024.
- Number of shares: 6.914
Holds a degree in Business Administration, with a specialization in Finance and Marketing, from Fundação Armando Alvarez Penteado (Brazil). This investor, entrepreneur, and start-up advisor has played a key role in the creation and strategic development of companies and brands worldwide. An expert in retail and the food industry, he joined the Carrefour Group in 1988, where he rose to the positions of Deputy CFO and General Manager of the non-food eCommerce sites.
In 2002, he joined LVMH Moët Hennessy to lead its Wines and Spirits Division before being appointed CEO of Millennium (Belvedere Vodka), a subsidiary of the group, in 2005. Mr. Dias has also served as Executive Chairman of SecretSales.com and CEO of Brands4friends.de, among other roles. He is currently a board member at Distilled Spirits Holding and Distillers and Traders PTE Ltd.
Gloria Hernández
MEMBER OF THE BOARD / Independent Director
Gloria
Hernández
Date of the appointment: 7th June 2022. Last re-election date: June, 28, 2024.
- Number of shares: 4.826
Ms Gloria Hernández García is an Economist specializing in Economic Theory from the Complutense University of Madrid. Her training includes specialized postgraduate studies at Business Schools such as Chicago Booth, IESE Business School, ESADE and the CFA Institute. She has over 30 years of experience in the financial world, complemented by positions as a non-executive director at Ibex 35 companies such as Siemens Gamesa Renewable Energy, where she chaired the Audit Committee between 2015 and 2019. Hernández is an independent director of Bancsabadell Vida, Bancsabadell Seguros Generales, Bancsabadell Pensiones and Nortegas, presiding their Audit Committees. From 2011 to 2019 she served as CFO at Bankinter, a Spanish listed bank where she spent 8 years, and was Chief Financial Officer of Banco Pastor between 2003 and 2010. Her experience also includes 21 years at the Spanish Ministry of Economy and Finance, where she was Director General of Treasury and Financial Policy between 1999 and 2003.
José Wahnon Levy
MEMBER OF THE BOARD / INDEPENDENT DIRECTOR
José
Wahnon Levy
Appointment date: May 20, 2019 ratified in the AGM on August 30, 2019. Last re-election date: June, 28, 2024.
- Number of shares: 6.006
Has a Degree in Economics from Universidad de Barcelona, a Law Degree from Universidad Complutense de Madrid and completed a PMD at Harvard Business School. He began his professional career at PwC, where he was made partner in 1987. He headed up the Financial Services area at PwC from 1987 to 2003 and the Audit Division between 2003 and 2007. Mr. Wahnon has held board-level positions at major companies of the likes of Ezentis, Dexia-Sabadell and Bankia.
Vicente Trius Oliva
MEMBER OF THE BOARD / INDEPENDENT DIRECTOR
Vicente Trius Oliva
Date of the appointment: 29th September, 2021 (on an interim basis). Last re-election date: June, 28, 2024.
- Number of shares: 0
He studied Economics in the University of Barcelona and from 1975 to 1978 completed a course in Executive Management at Harvard Business School and the Darden School of Business. He has over 40 years of experience in the food sector in the areas of e-commerce and innovation in multinational companies. He is currently executive chairperson of retail and innovation at JBS USA, one of the largest multinational food companies, where he leads the e-commerce business. Previously, he worked in companies such as Walmart, a world leader in the sector, where he held, among other positions, CEO for Brazil for 10 years; in Loblaw, Canada’s leading food retailer, where he was Chairperson; and in Carrefour, where he was Executive Director for Europe and member of the Group Management Committee.
Luisa Delgado
MEMBER OF THE BOARD / Independent Director
Luisa Delgado
Date of the appointment: 1st November, 2021. Last re-election date: June, 28, 2024.
- Number of shares: 7.307
She holds a law degree from the University of Geneva, an LLM from Kings College, University of London and a postgraduate degree in European Studies from Lusíada University in Lisbon. She has over 30 years of leadership and management experience at companies such as Procter & Gamble, where she was CEO of the Nordic region, and prior to that Head of Human Resources for Western Europe. She also led SAP’s Human Resources division, where she was an Executive Board Member. From 2013 to 2018, she was CEO of Safilo Group, the world’s second largest premium eyewear group. Subsequently, she began her own investment activity focused on luxury products, which she currently combines with the positions of Chairperson of the Board of Directors of Swarovski SIH and member of various Boards of Directors such as Ingka Holding (IKEA Group), Telia Company (Sweden), Fortum (Finnland) and Jose de Mello Capital (Portugal). She is also a Senior Advisor in the context of Private Equity investments, Mentor for CEOs and future CEOs for Chair Mentor International and a member of the Corporate Governance Council of INSEAD.
Rut Aranda
Member of the Board | Independent Director
RUT
ARANDA
Date of appointment: 20 June 2025
- Number of shares: 0
Rut Aranda Carmona is an executive with more than 20 years of experience in the FMCG sector, where she has held top-level management positions, such as CEO of Cerealto Siro Foods, a multinational company with operations in Europe and America. She has led internationalisation processes, mergers and industrial integrations, as well as the transformation of family businesses into privately owned structures.
Aranda holds a degree in Technical Agronomic Engineering in Food Industry from the University of La Rioja. Her executive education includes advanced programmes at prestigious international schools such as Harvard Business School, London Business School, IE Business School and Singularity University.
Her career has been characterised by her strategic focus, in-depth knowledge of the food distribution channel and her ability to detect and anticipate macro trends in order to adapt the business appropriately to the market and, with this, create value in complex and global environments. She is currently a director of Grupo Durania and the Mexican company Cereales y Pastas S.A., as well as an independent advisor to investment funds such as Afendis Capital Partners.
Paloma Pérez
Member of the Board / Independent Director
PALOMA
PÉREZ
Date of appointment: 20 June 2025
- Number of shares: 0
Paloma Pérez is a manager with more than 30 years of national and international experience in listed and unlisted private equity companies in Europe and America in the consumer and distribution sectors.
Ms. Pérez holds a degree in Economics and Business Administration from the Complutense University of Madrid and is a PhD candidate in Business Management. Her executive education includes a Master’s degree in e-Business from ICADE and she is certified by the Instituto de Consejeros y Administradores (IC-A) in Good Corporate Governance, which accredits her knowledge and commitment to Governance as a lever of value for the company.
She has developed her career linked to brands such as Colgate-Palmolive, BMW, Ikea, Carrefour and Vorwerk, where she was in charge of global distribution, managing 55 countries from Switzerland. She is currently CEO and Managing Director of Forus Sport and Leisure for Spain, Italy and Portugal.
Her track record shows solid experience in the growth of companies and brands in various sectors and multiple channels (FMCG, food and non-food retail and e-Commerce, automotive industry and household appliances), standing out for her omnichannel and digital strategic vision, business development, marketing and sales.
Sara Díez
Member of the Board / Independent Director
SARA
DÍEZ JAUREGUI
Date of appointment: 20 June 2025
- Number of shares: 0
Sara Díez Jauregui is an executive and strategic advisor with over 20 years of international experience in the fashion, sports retail, and digital platform sectors, having held senior leadership roles at leading global companies such as Zara (Inditex), Nike, and Zalando.
Throughout her career, she has led growth strategies in complex environments, combining strategic vision and operational excellence with a strong customer focus. She has held global executive roles in areas such as commercial strategy, product management, and brand positioning, always with a clear focus on the end consumer.
A specialist in digital transformation, she has designed and implemented strategies for personalization, omnichannel development, and customer experience—integrating data, technology, and brand to create differentiated value propositions in global markets.
She holds a degree in English Philology from the University of Valladolid and a Master’s in International Trade from ESIC Business & Marketing School. She is currently the CEO of The Post Fiber, a leading company in circular economy and sustainable transformation of the textile industry, and serves on the boards of Revolution Race and Circulose.
Her profile combines international operational experience, commercial and brand sensitivity, and a deep understanding of consumer behavior, with a strong capacity for strategic transformation. She is committed to sustainability, innovation, and inclusive leadership, and brings a long-term value creation mindset to her board contributions.
