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Vidrala announces CEO succession plan

Vidrala has announced that, as a result of a planned succession process, its Board of Directors has elected current Chief Financial Officer (CFO) Raúl Gómez, as next Chief Executive Officer (CEO), effective June 30, 2024. The Board will consider the current CEO, Gorka Schmitt, to be proposed to serve as a member of the Board.

“It has been a privilege be part of Vidrala for more than 26 years and serve as CEO for the past successful 13 years,” said Gorka Schmitt. “I have been fortunate to have worked with a great team at a great company delivering superior results, and I will support Raúl to secure an efficient transition.”

“I am honoured and grateful to receive the confidence of the Board, proud to take responsibility and build on Gorka’s legacy by further strengthening the Group’s leading position and executing on the many compelling opportunities ahead,” said Raúl Gómez. “We are today a different and stronger company, with leading competitive positions in growing markets, a clear strategy after a deliberate refocus in core regions, and a talented and agile team for continued profitable growth.

“I promise that customers, cost, and capital will firmly dictate our strategic and management principles. I look forward to working with our Board, leadership team and all our people to continue creating superior value for our shareholders, with our customer in mind and with the firm aim to make our products and serve our markets in the most sustainable way.”

The Board of Directors would like to thank Gorka for his remarkable leadership. During his 13-year tenure, the team has transformed Vidrala, simultaneously delivering superior performance while creating even greater future potential. Raúl has been a close partner in the executive team over the years, playing a relevant role in the corporate actions that have accelerated the company’s growth and diversification, while maintaining a solid financial position. With the company well positioned, the Board considers it is the right time to transition the role to Raúl and expresses its confidence in his leadership capabilities to successfully face future business challenges.

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