In 2011, Amancio Ortega relinquished his position as president of Inditex.
Inditex Leadership Shuffle and Financial Success
In the world of fashion retail, Inditex, the parent company of popular brands such as Zara, Oysho, and Bershka, has undergone a series of changes in its leadership.
Pablo Isla, who joined Inditex from Altadis in 2005, became the president of the company in 2011, succeeding Amancio Ortega. Isla was supported by a second line of command within Inditex, which included José Arnau as the Chief Financial Officer and Carlos Crespo as the Head of Inditex Ibérica.
In 2011, Inditex introduced changes in the leadership of most of its chains. Luis Maseres took over as the director of Uterque, Carmen Sevillano became the director of Oysho, Evaardenas took charge of Zara Home, and Marco Agnolin was appointed as the director of Bershka. Jordi Triquell took over Stradivarius, while Óscar Pérez Marcote, who was previously from Bershka, heads Zara.
José Pablo del Bado leads Pull & Bear and oversees Lefties, Inditex's low-cost chain. Jorge Pérez Marcote has been heading Massimo Dutti since 2000.
Inditex's leadership changes have proven to be successful, as the company has seen significant growth. As of the latest data, Inditex boasts over 5,000 stores worldwide. The first half of the year for Inditex closed with a 10% increase in sales and net profit.
Pablo Isla received shares worth 13.7 million euros upon taking office, and Inditex registered a turnover of 12.527 million euros in its last fiscal year. These numbers speak volumes about the success of the company under Isla's leadership.
However, in 2022, Pablo Isla stepped down as CEO, replaced by Óscar García Maceiras. Despite this change, José Arnau and Carlos Crespo continue to hold significant roles in the company, reflecting ongoing leadership continuity.
Inditex's second line of command, led by Óscar Pérez Marcote, Jorge Pérez Marcote, and José Pablo del Bado, ensures that the company continues to thrive and adapt to the ever-changing fashion industry.
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