The Volaris Board of Directors and senior management are committed to implementing in the Company the highest Corporate Governance standards.
Board of Directors and Committees
The Board of Directors of Volaris is elected by the Annual Ordinary General Shareholders´ Meeting. Company Bylaws provide that the Board shall consist of no more than 21 directors, 25% of whom must be independent, pursuant to the Mexican Securities Market Law.
The Board of Directors is comprised of 14 proprietary directors and 4 alternate directors, 64% of whom —9 proprietary and 2 alternate directors— are independent. Furthermore, 14% of the members of our Board of Directors are women.
Members of our Board of Directors
Our Board of Directors is supported by Committees approved by the Annual Ordinary General Shareholders' Meeting.Our Comittees
Mr. Beltranena has been our Chief Executive Officer since March 2006 and a member of our Board of Directors since September 2016. He previously held several executive positions at Grupo TACA, such as chief operating officer, human resources and institutional relations vice president, cargo vice president, and commercial director for Mexico and Central America. He was also general director of Aviateca in Guatemala. Mr. Beltranena started his career in the aerospace industry in 1988. During the 1990s, he was responsible for the commercial merger of Aviateca, Sahsa, Nica, Lacsa, and TACA Peru, consolidating them into a single management entity called Grupo TACA. While at Grupo TACA, Mr. Beltranena also led the development of the single operating codeshare and negotiated the open sky bilateral agreements entered between each of the Central American countries and the United States. In 2001, as the chief operating officer of Grupo TACA, Mr. Beltranena led its complete reorganization. In 2017, Mr. Beltranena participated in one of the largest joint negotiations with Airbus for the purchase of single-aisle aircraft. In 2009, Mr. Beltranena was awarded the Federico Bloch Awards by the Latin American & Caribbean Air Transport Association. In 2012, Mr. Beltranena was named Entrepreneur of The Year Mexico after being nominated for the EY Hall of Fame in Monaco by Ernst & Young – Innovation. In 2011, he was also nominated and named Entrepreneur of The Year in Mexico by Ernst & Young – Mexico. He was also awarded the National Order of Merit by the President of France.
Mr. Blankenstein has been our Executive Vice President Airline Commercial and Operations since November 2017. Prior to his current position, starting in 2009, he was our Chief Commercial Officer, leading the areas of sales, marketing, planning, itineraries, revenue management, and cargo and the IT department. Blankenstein was part of the team that took the Company public in 2013; he has been with the Company since its inception in 2005, as one of the founding members of the team he was involved in both setting up and launching the airline. Prior to that, from 2003 to 2005, he was Director of Strategic Development at TACA International Airlines in El Salvador, where he led many key projects such as the integrated airline systems migration, TACA’s maintenance business growth strategy, and the business plan for Volaris. He began his career in 1998 as a consultant in the Munich office of Bain & Company. Blankenstein transferred to the Sydney office in 2000. He was involved in financial services, automotive and retail industries. Blankenstein earned an MBA from the University of Iowa and a graduate degree in business and economics from Goethe University in Frankfurt, Germany.
Mr. Pous has been our Chief Financial Officer since March 2021. He previously served as our interim Chief Financial Officer since June 2020 and as our Senior Vice President, Chief Legal Officer, and Corporate Affairs since November 2017. Prior thereto, he served as our Chief Legal Officer since January 2016 and as our General Counsel since January 2013. Additionally, he has served as secretary of our Board of Directors since 2018 and secretary of our Audit and Corporate Governance Committee since 2013. Prior to joining us, he worked at Grupo Televisa, where he had been legal director from 1999 to 2012. Mr. Pous received his LLM from The University of Texas at Austin, School of Law, and holds a law degree from the Instituto Tecnológico Autónomo de México.
Mr. Suárez has been our Chief Operating Officer since November 2017. He previously served as our Operating Executive Officer since October 2015. He joined Volaris in early 2006 as sales director. In 2012, he held the position of Retail and Customer Service Director, where he supervised airport operations, ramp management, flight attendants, and customer solutions. Prior to joining Volaris, Mr. Suárez Durán worked for ten years at Sabre Holdings. Mr. Suárez Durán received his master’s degree in Science in Industrial Engineering and master’s degree in business administration from the University of Missouri, Columbia. He also holds a degree in Executive Management from IPADE and a Bachelor of Science in Industrial Engineering from the Universidad Iberoamericana.
Mr. Zadigue has been our Internal Audit Director since November 2020. He previously served as our Internal Audit Director from April 2011 to February 2019. Mr. Zadigue worked as the internal audit director of Sempra Mexico (IEnova), as director of operations, finance, and administration at Swarovski in Mexico, and as director of finance and business control at Bombardier North America. Mr. Zadigue is also a Chartered Public Accountant in Canada. He holds a Bachelor of Business Administration degree from HEC-Montreal and a Master of Science degree in Accounting Sciences from the Université du Québec.