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Criteria, the holding company of La Caixa, strengthens José María Méndez and makes him CEO

Criteria, the holding company of La Caixa, strengthens José María Méndez and makes him CEO

AI Briefing

  • Criteria, the investment arm of the La Caixa Foundation, has promoted José María Méndez to CEO and approved the financial statements for the past year, showing a 120% increase in net profit to €2.325 billion.
  • The board of directors has appointed Núria Chinchilla, Julia Salaverría, and Xavier Brossa as independent directors, achieving 40% female representation on the holding company's highest governing body.
  • The company has also approved the appointment of new directors and the integration of Saba into the Belgian group Interparking, contributing to the 120% increase in net profit.
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