Corporate Governance

Corporate Governance

In compliance with our organizational values, Peñoles’ Corporate Governance ensures the transparency of the administration and its accountability to all stakeholders.

The Company adheres to the recommendations of the Code of Principles and Best Practices of Corporate Governance issued by the Business Coordinating Council.

Structure and responsibilities of the Board of Directors

  • Regularly reviews management on the Company’s economic, operational, product, social, environmental, human development and safety matters, including the related risks and opportunities.

    Executive Committee

    • Composed of 8 members appointed by the Board of Directors
    • Reviews, approves and monitors operational and strategic development
    • Recommends changes to corporate and business strategy
  • Board of Directors

    • Composed by 14 proprietary members and 13 alternates
    • Defines vision and strategy
    • Establishes policies and guidelines
    • Oversees business operations
    • Approves budget and financial results

    Board members

  • Secretarry

    CEO and Management Team

    Manage, lead and run the business

    Management Team

  • Audit and Corporate Governance Committee

    • Composed of 3 Independent Directors
    • Reviews compliance with internal control policies and accounting guidelines
    • Monitors Internal Control and Audit Systems
    • Assesses performance of the external auditor
  • Finance and Planning Committee

    • Composed of 8 Directors, including several financial experts
    • Reviews financial policies and projections
    • Assesses investment and financing projects
  • Nomination, Evaluation and Compensation Committee

    • Composed of 3 Directors
    • Reviews organizational structure
    • Authenticates the capacity and experience of Board members and recommends their remuneration
    • Assesses the performance of relevant managers
    • Defines general compensation policy and succession plans

Get to know our:

Corporate Bylaws

Download

Minutes of Shareholders' Meetings

  • Minutes of Shareholders' Meetings 2010 07 April 2011

  • Minutes of Shareholders' Meetings 2011 26 April 2012

  • Minutes of Shareholders' Meetings 2012 10 April 2013

  • Minutes of Shareholders' Meetings 2013 24 April 2014

  • Minutes of Shareholders' Meetings 2014 21 April 2015

  • Minutes of Shareholders' Meetings 2015 21 April 2016

  • Minutes of Shareholders' Meetings 2016 25 April 2017

  • Minutes of Shareholders' Meetings 2017 11 April 2018

  • Minutes of Shareholders' Meetings 2018 09 April 2019

  • Minutes of Shareholders' Meetings 2019 23 April 2020

  • Minutes of Shareholders' Meetings 2020 29 April 2021

  • Minutes of Shareholders' Meetings 2020 - Extrarodinary 29 April 2021

Chairman's Annual Report to the Shareholders' Meeting

  • Chairman Report 2010 07 April 2011

  • Chairman Report 2011 26 February 2012

  • Chairman Report 2012 10 April 2013

  • Chairman Report 2013 24 April 2014

  • Chairman Report 2014 21 April 2015

  • Chairman Report 2015 21 April 2016

  • Chairman Report 2016 25 April 2017

  • Chairman Report 2017 11 April 2018

  • Chairman Report 2018 09 April 2019

  • Chairman Report 2019 23 April 2020

  • Chairman Report 2020 29 April 2021

CCE Code of Best Practice Questionnaries

  • CCE's Code of Best Practices Questionnaire 2010 23 June 2011

  • CCE's Code of Best Practices Questionnaire 2011 26 June 2012

  • CCE's Code of Best Practices Questionnaire 2012 27 June 2013

  • CCE's Code of Best Practices Questionnaire 2013 27 June 2014

  • CCE's Code of Best Practices Questionnaire 2014 22 June 2015

  • CCE's Code of Best Practices Questionnaire 2015 23 June 2016

  • CCE's Code of Best Practices Questionnaire 2016 26 May 2017

  • CCE's Code of Best Practices Questionnaire 2017 29 May 2018

  • CCE's Code of Best Practices Questionnaire 2018 31 May 2019

  • CCE's Code of Best Practices Questionnaire 2019 26 May 2020

  • CCE's Code of Best Practices Questionnaire 2020 30 May 2021

ACGC Reports

  • ACGC Report 2010 17 February 2011

  • ACGC Report 2011 13 February 2012

  • ACGC Report 2012 13 February 2013

  • ACGC Report 2013 17 February 2014

  • ACGC Report 2014 16 February 2015

  • ACGC Report 2015 17 February 2016

  • ACGC Report 2016 23 February 2017

  • ACGC Report 2017 21 February 2018

  • ACGC Report 2018 25 February 2019

  • ACGC Report 2019 02 March 2020

  • ACGC Report 2020 01 March 2021