compliance & ethics
Board of Directors
At the end of 2018, Mexichem’s Board of Directors consisted of 13 members, including non-executive Chairman Juan Pablo del Valle Perochena. Five Board members were independent and two were women.
The Board of Directors maintains three Board Committees:
• Corporate Practices Committee: provides opinions and assistance to the Board of Directors in reviewing important reports and transactions; calling shareholder meetings; and in requesting and obtaining opinions from independent third-party experts.
• Audit Committee: supervises external auditors, analyzes their reports and reports back to the Board of Directors, among other duties.
• Finance Committee: supports the Board of Directors in fulfilling its responsibilities to shareholders regarding the policies, practices and strategies related to managing financial affairs.
• The Board of Directors receives regular reports on aspects of our sustainability practices from the Chief Executive Officer, as well as updates relating to current and emerging sustainability risks and opportunities. The Board of Directors provides input and guidance on sustainability matters as needed.