SPAIN: DIA Reorganises Country Management Structure

The DIA group has unveiled has said it has “decided to organise itself in Spain along business lines”, a move that is expected to improve efficiency.  The group said the move will address its transformation in recent years to a multi-banner company, and said the changes will bring it closer to the needs of clients and its new lines of business.

DIA’s “first line of management” will include CEO Ricardo Currás and his team – Diego Cavestany, Antonio Coto, Juan Cubillo, Faustino Domínguez, Javier La Calle, Amando Sánchez, Fernando González, Ignacio Gosálbez, Alejandro Grande, Miguel Guinea, José Antonio Lombardía, Luís Martínez, and Freddy Wu.

In addition, DIA´s Board of Directors has agreed to create a new non-executive Vice-President role, which aims to strengthen institutional representation and relations with stakeholders and, in turn, facilitating a more efficient sharing of the many tasks developed to date by the non-executive President and the current Vice-President of the Board.   The position, given the rank of First Vice-Presidency, will be heled by Richard Golding (Chairman of the Audit and Compliance Committee) while Mariano Martín Mampaso (Chairman of the Nomination and Remunerations Committee) has been named as second Vice President.