Grupo Famsa has established Corporate Practices and Audit Committees, in accordance with the Mexican stock market regulation, to safeguard the best interests of its stockholders through optimal management and adherence to the best corporate governance practices.
The Audit Committee was established following the resolutions of the Company’s Shareholders’ Meeting held on April 28, 2006. Since its inception, and in accordance with the Mexican stock market regulation, all its members have been independent, and two of them qualify as financial experts. The Audit Committee is currently comprised of the following members:
Name | Position |
---|---|
Leandro Martin Castillo Parada | Chairman |
Jose Luis Michel Nava | Member |
Andres Ochoa Bunsow | Member |
The Audit Committee’s responsibilities include:
The Corporate Practices Committee was created in compliance with the resolutions adopted at the Company’s Shareholders’ Meeting held on December 14, 2006. Since its inception, and in accordance with the Mexican stock market regulation, all the members of the Corporate Practices Committee have been independent. The Corporate Practices Committee is currently comprised of the following members:
Name | Position |
---|---|
Jose Luis Michel Nava | Chairman |
Leandro Martin Castillo Parada | Member |
Andres Ochoa Bunsow | Member |
The Corporate Practices Committee's responsibilities include: