He has been a director of Repsol since July 23rd, 1996, by resolution of the Board of Directors, and was subsequently ratified at the Annual General Meeting held on June 6th 1997. He was reelected at the Annual General Meeting on March 24th, 1999; April 4th, 2003; May 9th, 2007; April 15th, 2011; April 30th, 2015; and May 31st, 2019.
Josu Jon Imaz San Miguel has been Repsol's Chief Executive Officer since April 2014. Ever since, he has led the company's transformation process, which is now established as one of the leading companies in the oil and gas sector. Improving efficiency and asset portfolio management are the core pillars of the strategy driven by the CEO, aiming to turn Repsol into a leaner and more competitive company that is capable of making the most of its integrated business model in terms of performance.
Repsol's Board of Directors met on 11 occasions in 2020. Absences by the directors have been limited to essential cases, in which proxies were granted precise voting instructions when a director was not been able to attend.
Meetings in 2020 11 | Attendance 100% |
11 | No. of meetings held with the physical presence of all Board members or with their proxies with specific instructions. | 100% | Physical presence of total votes throughout the year. |
11 | No. of meetings with the physical presence of at least 90% of directors. | 100% | Of total votes carried out throughout the year with the physical presence of members and/or their proxies with specific instructions. |
0 | No. of meetings held without the attendance of the Chairman. |
In accordance with the provisions of Article 45 quater of the Company Bylaws and Article 11 of the Board of Directors Regulations, at least once a year the Board will assess its performance and the quality and efficiency of its work. It also annually assesses the work of its Committees, based on the reports they submit. The Chairman of the Board organizes and coordinates the periodic assessments of the Board with the Committee Chairs. At least once every three years, the Board of Directors is assisted in the assessment process by an external consulting firm.