In addition, the Board has nominated Francisco Luzón
, Jaymin Patel and Jeffrey W. Ubben for election to the Board at the 2013 Annual General Meeting to serve immediately following such meeting and hold office until the next Annual General Meeting of Shareholders unless they are earlier removed or resign before that meeting.
— Mr. Luzón
, age 65, is a nominee for election to the Board at the 2013 Annual General Meeting of Shareholders and, if elected, will serve until the Company’s 2014 Annual General Meeting of Shareholders.
If elected, it is expected that the Board will appoint Mr. Luzón
to the Governance Committee
From 1996 until January 2012, Mr. Luzón served in several capacities at Banco Santander, S.A. (a public company organized under the laws of Spain), most recently as Executive Board Member and General Manager of the Latin American Division, from 1996 until 1998, as Executive Director and Deputy to the Chairman and Head of Strategy, Communication and Investor Relations, and in 1998, as Head of Human Resources and Information Technology.
Prior to that, Mr. Luzón held executive positions at several other banks, including Argentaria, S.A., Banco Exterior
Within the last five years, Mr. Luzón has served as a Director of Banco Santander, S.A. and Inditex-Zara, the international fashion retail company.
Mr. Luzón currently is a director of Latam Airlines Group, the international airline, and Member of its Finance Committee and its Strategy Committee.
He also serves on the boards and advisory councils of numerous academic institutions, non-profit organizations and think tanks.
He is also a consultant of the Interamerican Development Bank.
Mr. Luzón has a Degree in business and economics from Bilbao University and, in 2010, received an Honorary Degree in economics from University Castilla La Mancha.
International Business and Management Experience — Mr. Luzón has significant international financial services experience, having served in executive roles most recently at Banco Santander, the Spanish financial institution, and other international banks over the last 30 years, and having worked in London, New York, Tokyo, the Middle East, North Africa and 12 countries in Latin America.
Financial Background — Mr. Luzón has over 40 years of experience working in mergers and acquisitions, the restructuring of numerous private and state-owned banks, insurance companies and financial institutions in Spain and throughout numerous countries in Latin America.
International Board Experience — Mr. Luzón also brings experience from his service on international boards, including his former service as a director of Banco Santander and Inditex-Zara, the international fashion retailer, and his current service as a director of Latam Airlines Group, the international airline.
He has also served on the boards and advisory councils of numerous companies, academic institutions, not-for-profit organizations and think tanks.