Board of Directors

  • CMPC business activities are overseen by the Board of Directors of Empresas CMPC.
  • The CMPC bylaws require that the Board of Directors be comprised of nine members.
  • Elections for all Board Members are held every three years by the shareholders.
  • The CMPC senior executives are appointed by the Board and perform their functions in accordance with the Board's directives.
  • The Board meets once a month to evaluate the Company performance and make decisions regarding its future development. 
Portrait

Luis Felipe Gazitúa, Chairman

Luis Felipe Gazitúa studied Business and Administration at the Universidad de Chile. In 2001, he became Director of Minera Valparaiso S.A.. In 2005 he was appointed as Chairman of Almendral S.A. and Vice Chairman of Entel Chile S.A. Since 2001 he is CEO of Forestal O’Higgins S.A. He was appointed Chairman of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Extensive knowledge of the Pulp and Paper industry. He has been CEO of the Forestry company Forestal O’Higgins S.A. since 2001 and has worked for 25 years as an executive for CMPC's controlling group. Has been Chairman of the Board of Directors of CMPC since 2016.

Risk Management Experience

Broad experience in risk management as president of CMPC's Audit Committee, which oversees the company's risk management, and member of CMPC's Financial Risk Committee. He is also a member of the Risk Committee of another company.

IT and Cybersecurity Experience

Director for 16 years of the telecommunication company ENTEL S.A, which one of its business lines is cybersecurity. He is also part of CMPC's Technology, Digitalization and Cybersecurity Committee.

Portrait

Vivianne Blanlot

Vivianne Blanlot studied Economy at the Pontificia Universidad Católica de Chile and received a Master in Economy from the American University. Between 1995 and 1997 she served as Executive Director of the CONAMA (National Environmental Commission). In 2000 she became the Executive Secretary of the Energy Committee and also served as Defense Minister from 2006 to 2007. She is currently Consultant to the Transparency Committee and Director on the Antofagasta Minerals and Colbun S.A. boards. Since 2007 she has been the Chairman of the Chilean Chapter of the Regional Commission for Energy Integration. She was appointed Director of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors since 2016. Broad experience in the Energy and Environment sectors, due to her work in public and private institutions, both of which are very relevant to the Forestry, Pulp and Paper industry.

Risk Management Experience

Broad experience in risk management defining Risk Policies and Risk Management Models as member of the board of the following companies and organizations: Antofagasta Minerals, Banco del Estado, Econssa y Consejo para la Transparencia. Vivianne also gained experience at risk mangement as the Minister of Defense of Chile.

IT and Cybersecurity Experience

Participation in the definition of the Cybersecurity Policy as a member of the board of the following companies: Antofagasta Minerals,Banco del Estado y Consejo para la Transparencia. As Minister of Defense of Chile, she was in charge of the design, evaluation and approval of the Cybersecurity Policy for National Defense.

Portrait

Rafael Fernández, Independent*

Rafael Fernández studied Engineering at the Pontificia Universidad Católica de Chile and completed Superior Studies in Business Administration (ESAE) in the same university. Also, he completed an Advanced Management Program from Duke University. Between 2002 and 2006, Mr. Fernández was Director and Executive Director of the Gas and Energy business of Petrobras Energía-Argentina, and Chairman of Edesur, Transener, Transba and TGS, among others. Between 2006 and 2010, he was Director and CEO of Petrobras Chile Petrolera Ltda. and Director of Enersis. Between 2008 and 2010 he was Director of PC Industrial and Real State. He is currently Director of Australis Seafood S.A. and Chairman of the Director’s Committee of the same company. He was appointed Director of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors and Directors Committee since 2016. In this role, he has participated in the development of the Company's new strategy, replacement of numerous executives, analysis of improvement in production management, analyzing its annual Investment and M&A programs, improving the quality of the information delivered to the market and periodically reviewing the risk identification process.As an Engineering student, he carried out a bibliographic investigation and wrote a detailed report about the state of the art of the forestry and pulp industry in Chile, as well as the knowledge that existed at that time of the potentialities of the cellulose polymer. In addition, he carried out his internship at the Arauco Plant of Celulosa Arauco y Constitución, in the Chemical Engineering department, developing a mathematical model to optimize the kraft pulp chemical washing. He worked for over 20 years in the Energy Industry, which is a very relevant part of the pulp industry and CMPC's business model. Between 1998 and 2003 he led the development of the Industrial and Forestry area of ​​PEREZ COMPANC in Argentina, determining the Capital needs to develop the potential of the forestry business.

Risk Management Experience

He has worked for 35 years related to continuous industrial production processes. Continuous productive activities require mitigating and in many cases eliminating risks, which requires having a high capacity of identification, analysis and management of these risks and foreseeing various scenarios and contingencies, to manage and mitigate them. It is necessary to manage preventive and corrective maintenance processes, understanding the risks of shutdown of equipment and plants of high productive value, complex logistics processes, global commercial policies and relevant management of policies and actions to ensure the sustainability of industrial and commercial operations.

IT and Cybersecurity Experience

He has been director and part of the executive management of electrical, petrochemical, oil and forestry industrial companies. All with modern plants with complex continuous processes that require complex softwares for operation and process management, robotized areas, automated processes. All these operations requiere important cybersecurity measures due to their critical production and shutdown impact. The Generation and Distribution of electricity, were he has more experience, are continuous processes in real time, where if the production is interrupted and distribution fails it immediately affects drastically the functioning of citizens. These type of industrial operations always require large investments and high levels of information security and asset operation.

Portrait

Bernardo Larraín

Bernardo Larraín Matte studied Business Administration at the Pontificia Universidad Católica de Chile. He was appointed Director of CMPC on May 7, 2021. He is also the Vice Chairman of the Board of Colbún and Director of Forestal O'Higgins, Minera Valparaíso S.A., Forestal, Constructora y Comercial del Pacífico Sur, Pasur. He was also a member of the Board of ICARE and, for the last four years, led the Sociedad de Fomento Fabril (Sofofa).

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors since May 2021. He was director of CMPC Tissue Products subsidiary, today called Softys, for about 5 years in the 2000s, as well as its subsidiaries Celulosa and Forestal. He was CEO between 2005 and 2011 and Chairman of the Board between 2011 and 2017 of Colbún S.A., an electric generation company that is a supplier to CMPC, and is now Vice Chairman of the Board. He was also director of the port and logistics company Puertos y Logística S.A. (PULOGSA), until 2019. PULOGSA port operation in the south of Chile is mainly serves the Paper, Pulp and Forest Products industry and CMPC is an important client. CMPC, Colbún and PULOGSA (until its sale) have the same controlling shareholder. Between 2017 and 2021 he was president of SOFOFA, the main business organization in Chile whose partners are the main Chilean companies, including the two main companies in the Chilean Paper, Pulp and Forest Products industry: CMPC and Arauco.

Risk Management Experience

As General Manager and President of Colbún S.A. he implemented the risk management model and was a member of the Risk Committee for approximately 7 years (since it was created).

IT and Cybersecurity Experience

Cybersecurity has been a recurring theme in recent years in all the boards in which he participates (as director, president or vice president) and all companies have adopted prevention and mitigation models. This has been especially relevant in the Colbún electric company, since the national electricity system is an interconnected system, therefore cybersecurity risks in a facility (generation plant, line or substation) can turn into risks for the entire system.

Portrait

Jorge Larraín

Jorge Larraín studied Business and Administration at the Pontificia Universidad Católica de Chile and received a Master in Sociology from the London School of Economics. Mr. Larraín was Coordinator in the National Council of Culture and Arts. He is currently Director of CMPC Celulosa and CMPC Tissue. He was appointed Director of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Extensive professional experienced linked to the forestry sector while working in financial advisory projects in ASSET-Chile and directly in CMPC, in its Corporate Finance department. He joined the Board of Directors of the Tissue (currently Softys) and the Forestry divisions in 2014 and the Board of Directors of Empresas CMPC in 2016.

Risk Management Experience

As Board member of CMPC and its subsidiaries, he has participated in the design and implementation of the Company's Risk Management system.

IT and Cybersecurity Experience

He has no specific experience in this area.

Portrait

Jorge Matte

Jorge Matte studied Business and Administration at the Universidad de los Andes. He is currently Chairman of CMPC Forestry, and Director of CMPC Celulosa, CMPC Papeles y CMPC Tissue, and Puertos y Logística S.A., as well as Chairman of Amulen Foundation. He was appointed Director of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors since 2016. In 2006 he joined the Development department of ​​CMPC's Biopackaging business unit and in 2008 he worked in Corporate Finance at Emprersas CMPC. Between 2009 and 2010 he was advisor to the General Management of Empresas CMPC and started his career in the Corporate Governance of the businesses of Holding Empresa CMPC. Later he was director of CMPC Celulosa. Between 2012 and 2014 he was president of CMPC Forestal and also director of the Biopackaging, Tissue S.A. (today Softys) and Celulosa.

Risk Management Experience

At CMPC and other companies where he participates in administrative positions, he has been part of the development of risk management models and their integral incorporation into the company's administration.

IT and Cybersecurity Experience

Experience in cybersecurity as part of the controlling group and tha participation in the board of directors of several companies where this is a primary risk, such as in Banking.

Portrait

Jorge Marín, Independent*

Jorge Marín studied Business Administration at the IPEVE. In 1996, Mr. Marín became Director of CMPC. Mr. Marín is also Vice Chairman of Detroit Chile S.A. and is also member of the Board of Directors of Grupo Security S.A. and Banco Security S.A. He is also member of the Advisory Committees of Universidad del Desarrollo, Universidad de los Andes Business School and CEP (Public Studies Center).

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors for over 25 years. During these years he has been responsible for the company's globalization and growth and has also chaired the Board of Directors. In addition, Jorge chairs the Financial Risk Committee analyzing the main financial risks and other variables that might affect the company's results. Also Jorge worked in CGE Group since 2006 until 2014, an important energy generating company, which is also one of CMPC's business activities.

Risk Management Experience

Broad experience in Risk Management especially in the Financial Services industry as part of Banco Security. He has been a member of its Board of Directors since 1996 and is also member of the bank's Audit Committee and recently of the Strategy and Capital Committee. Also, at CMPC, he chairs the Financial Risk Committee which analyzes several variables that affect our operations such as exchange rates.

IT and Cybersecurity Experience

Cybersecurity is one of the main risks of the Financial Services industry, therefore through the Board of Directors of Security Jorge constantly oversees cybersecurity risks and ways to mitigate them.

Portrait

Ramiro Mendoza

Ramiro Mendoza studied Law at the Universidad de Chile. He is an academic of the Master Program in Public Laws of the Pontificia Universidad Católica de Chile. Between 2007 and 2015 Mr. Mendoza was General Comptroller of the Republic of Chile. Since 2015, he has been serving as Dean of the School of Law of the Adolfo Ibáñez University. He is also a member of the Academic Committee of the Master Program of Universidad del Desarrollo, Concepción, and of the Directors Council of the Public Studies Center. He was appointed Director of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors since 2016.

Risk Management Experience

Relevant experience in risk management at a country level. Ramiro was the Comptroller General of the Republic of Chile, who plans, arbitrates, and monitors risks in the scope of the entire State Administration. Likewise, he is a member of the Risk Committee of Consorcio Financiero and also a member and Chairman of the Audit and Compliance Committee (entity that oversees control and risk tasks) of the Central Bank of Chile.

IT and Cybersecurity Experience

In his capacity as Comptroller General of the Republic of Chile, he defined, implemented and executed the cybersecurity policies and measures for the Comptroller of the country.

Portrait

Pablo Turner

Pablo Turner studied Business and Administration at the Pontificia Universidad Católica de Chile and received an MBA from the University of Chicago. He served as CEO of Falabella, Almacenes Paris and Viña San Pedro between 2000 and 2007. He is currently Chairman of AD Retail, Director of Watts S.A. and Moneda S.A. He is also Director of Holding Gastronomía y Negocios, and CMPC Tissue as well as Interbank Group and Intercorp Retail in Peru. He was appointed Director of CMPC in April 2016.

Skills and Qualifications

Industry Experience

Member of CMPC's Board of Directors since 2016. He also has a long trajectory in the Retail industry, which is highly relevant for the Softys business since sales of tissue paper and personal care products are made through retailers.

Risk Management Experience

Experience in financial risk management, credit risk, compliance and regulatory risks in industries with a high level of regulation such as retail and financial services. Pablo worked in Falabella, a leading Retail and Financial Services company, in several executive positions for over 20 years including CEO for 5 years. He also has experience in health and safety and environmental risks.

IT and Cybersecurity Experience

In the Retail and Financial Services industries, cybersecurity risk is of utmost importance. He worked on mitigating these risks during his 20 years of experience in Falabella, and also as member of several Risks and IT committees.

*According to the criteria defined by the Chilean legislature. If considering the Dow Jones Corporate Sustainability Assessment criteria for Board independence, all 9 Board members qualify as independent.