Our corporate governance model seeks to guarantee that the decision-making process contributes to the company’s sustainability in time, taking care of the trust that investors have placed in us, and of the shared value for the group of stakeholders. Their inclusion, as well as transparency and accountability, are a priority to ensure our company’s proper functioning.
The Management Board is Grupo México’s highest governance body, responsible for establishing corporate strategy. It ensures value creation through the efficient use of available resources and assets, while also upholding ethical guidelines. The Board monitors social and environmental performance.
It is composed of up to 21 members, appointed at the General Shareholders’ Meeting, of whom at least 25% must be independent. Each year, the Board of Directors is confirmed or renewed, with Germán Larrea Mota Velasco reaffirmed as Chairman of the Board of Grupo México Transportes. In this role, he works closely with the Chief Executive Officer, Fernando López, to coordinate meetings and oversee executive performance.