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Feb 19, 2023 · When Isla stepped down in 2022, Ortega’s daughter Marta took over as chair, while the CEO’s job was handed to Óscar García Maceiras, general counsel and secretary of the Inditex board.
Nov 30, 2021 · Spanish fast-fashion king Inditex shook up the apparel market Tuesday with the announcement that longtime boss Pablo Isla would be stepping down from his role as executive chairman and...
Nov 30, 2021 · MADRID, Nov 30 (Reuters) - Marta Ortega, daughter of the founder of Spanish fashion retailer Inditex (ITX.MC), will replace Chairman Pablo Isla, who led the company's global expansion for more...
- New Leadership
- Why Now?
- Will This Mean A Change in Direction?
- Challenges Faced by Marta Ortega
- Future of Pablo Isla
The biggest change announced on Tuesday is the appointment of Marta Ortega as the chair of Inditex, a position she will assume on April 1. The 37-year-old will become a non-executive chairperson, meaning that while she will be the head of the company and supervise all its operations, she will not be as involved with the daily management of its fina...
According to Isla, these changes are the culmination of “a generational handover process that began in 2011 with the replacement of Amancio Ortega as the chairman of Inditex.” Indeed, this move had been predicted, although it came earlier than expected. “We have been preparing this transition for some time, discreetly,” said Isla on various occasio...
Despite the scale of these leadership changes, they do not indicate a change in direction, said Isla. “Evidently, the company model will continue as it has been up to now.”
Consolidating the digital transformation of the company is one of the main challenges faced by the daughter of the Inditex founder. This is one of the biggest areas that helped the business continue to grow despite the fallout of the coronavirus crisis. Inditex invested millions of euros in creating a complex digital system based on its very own pl...
During the press conference on Tuesday, Isla was asked many times about what he was going to do after Inditex. But the current chairman made it clear that now was not the time to think about his future career. “In these four months, I am going to be fully focused on culminating this transition, which is vital and very important for me. Afterward, w...
- Hugo Gutiérrez
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What happened to Isla & Inditex?
May 8, 2024 · 5 years later, Inditex founder Amancio Ortega decided to step down as chairman, and asked Isla to step up to combine the chairman and CEO roles. “This was a huge honour” he told me. “To follow in the footsteps of a legend like Ortega was incredible.
May 23, 2019 · The clothing retailer said on Thursday it would split its current dual role of chief executive and chairman, leaving Pablo Isla leading the company as chairman and appointing COO Carlos Crespo as the new CEO.
Nov 30, 2021 · Marta Ortega, daughter of the founder of Spanish fashion retailer Inditex, will replace Chairman Pablo Isla, who led the company’s global expansion for more than a decade, in a succession some analysts called premature.
