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CORPORATE GOVERNANCE IWCO
 
Since our inception in 1993 Indra Wellness Company S. de R.L. de C.V. (IWCO) administration was entrusted to a Board of Directors which represents shareholding companies of the group and directed by a Chairman.

Currently the corporate governance is located in México. This is a closed group consisting of an odd number of members acting under the laws of México.

On behalf of the Company’s interests, the Board is responsible for overseeing the management of the group and companies associated. The Board of Directors acts as the ultimate decision-making body of the Group. The purpose of the Board Directors is to seek the best benefit for the Group, Customers, Clients, Shareholders, Employees and Management.
 
 
MAIN GUIDELINES OF CORPORATE GOVERNANCE
 
NUMBER OF MEMBERS: the number of members of this Board will be always odd plus and independent asesor. The independent consultant has an extraordinary vote.

If Board of Directors accept more members will be always in pair, looking to keep odd members.
VOTE DESICION-MAKING: All decision made by Board of Directors has just two answers: Accepted or Refused. Abstentions are not allowed. In case of a member of the Board don’t make a decision, the independent consultant takes his/her place seeking to keep an odd number of votes.
The Chairman of Board Directors is elected for three years and can be elected for a second period of three years. After this period presidency must be released to another member of the Board elected in a direct and open voting.
Internal rules for operation is restricted information of Corporate Indra Wellness Company S. de R.L. de C.V.