It is the highest management and representation body of the Company, configured as a supervisory and control body. It is composed of a minimum of ten and a maximum of fifteen members, who will be appointed or ratified by the General Shareholders' Board as regulated by the Bylaws and the Regulations of the Board of Directors.

• D. Carlos de Palacio y Oriol Executive

  Mr. Palacio Oriol is Chairman of Talgo since his appointment in 2002. From 1998 to 2002, he was a Director representing his family branch and as an institutional representative at a European level. Previously, Mr. Palacio acquired professional experience in the area of Community Law as a member of the Legal and Competition Services of the European Commission and as a lawyer in Spain and the United Kingdom. Additionally, he combined his professional experience with teaching as a professor at the European College of Bruges (Belgium)

  • Category: Ejecutivo
  • In Talgo: Executive Chairman
  • Shareholding in Talgo: 1,181,487 (0.87%)
• Mr. Gonzalo Urquijo Fernandez de Araoz Executive

  Mr. Urquijo Fernández de Araoz is Chief Executive Officer of Talgo. He began his professional career in the banking sector at Citigroup and Credit Agricole, after which he developed his professional activity in the steel sector. He has been Chief Financial Officer of Aceralia and its subsidiaries, Chief Financial Officer and responsible for the Distribution sector of Arcelor, as well as Chairman of ArcelorMittal Spain and member of the general management of ArcelorMittal. In 2017, he became Executive Chairman of Abengoa until 2021.

  In addition, is a member of the Board of Directors of Ferrovial and Gestamp, and is Chairman of the Hesperia Foundation, member of the Board and of the Executive Committee of the Princess of Asturias Foundation.

   

  • Category: Executive
  • In Talgo: Chief Executive Officer, Member at the Strategy Committee.
  • Shareholding in Talgo: -

• D. José María de Oriol Fabra Non-executive Vice-chairman

  Mr. Oriol Fabra is Non-executive Vice chairman of Talgo, after being CEO from 2002 to 2021. With 34 years of experience in the railway industry, he joined Talgo in 1987 and since then has been involved in the Group assuming different positions, among others, Procurement Manager, CFO and General Director of different subsidiaries of Talgo. Previously, he worked as a Credit Analyst at Citibank. In addition, he has extensive experience as a Director of different companies, including Montalbán XIV and Iberrail, a company that provides transport services to rail passengers, and has been a member of the BBVA Advisory Board. Mr. Oriol Fabra holds an EMBA from the Instituto de Empresa and a degree in Business Administration from Saint Louis University. Additionally, he was awarded in 2011 the "Dostyk II" by the Prime Minister of the Republic of Kazakstan and in 2012 the “Command of the Order of Civil Merit" by His Majesty the King of Spain.

   

  • Category: Non-executive Vice-chairman
  • In Talgo: Vice chairman, Member at the Strategy Committee.
  • Shareholding in Talgo: 1,749,314 (1.28%)
• D. Francisco Javier Bañón Treviño Propietary

  Mr. Bañón is one of the three founding partners of Trilantic Europe and is currently a Board Member of Pacha and Vertex Bioenergy. Before joining Lehman Brothers Merchant Banking in 2004 as Co-Head of Merchant Banking in Europe, Mr. Bañón was Managing Director of DB Capital Partners and Bankers Trust Private Equity Group, responsible for the creation, execution, supervision and monetization of transactions of private capital in Latin America. Prior to DB Capital Partners, Mr. Bañón was CFO of the industrial division of IF Group, a privately-owned group with industrial and financial operations in Spain, the United States and Latin America. Previously, he was Deputy General Director of Serpeska Group, a Spanish group dedicated to the processing and distribution of food. Mr. Bañón also practiced as a lawyer.

  • Category: Proprietary
  • In Talgo: Member at the Remuneration Committee
  • Shareholding in Talgo: 182,400 (0.13%)
• D. Emilio Novela Berlín Independent

  Mr. Novela currently represents Banco Santander in the Board of the Spanish Association of Private Banking and is also a member of the Board of Merlin Properties and Openbank, SA In addition, Mr. Novela holds important positions, among others, in the Confederation of Empresarios de Madrid (CEIM), Reyal Urbis, SA and in Dixi Media Digital, SA Mr. Novela has extensive experience holding positions in the boards of other Spanish financial institutions such as Banco Banif Banca Privada (Santander Group), Banco de Jerez, Banco Urquijo, Blackrock Global Funds, Hispamer, Central Hispano Generali, Banesto, Banco Mercantil, Citileasing and Saudesbank. Mr. Novela has also served on the Boards of Cortefiel, Larios (Pernod Ricard), Campsa, Spanair, Union Fenosa, Vallehermoso, Testa, YMCA Spain, US-Spain Foundation, Euro America Foundation, Viajes Internacional Expreso, Gesinar (3i) and Cap Gemini Ernst & Young where he served on the Advisory Board. Furthermore, he was also named CFO of Repsol, the leading Spanish oil company, and the first Vice-Chairman of Vallehermoso, a leading Spanish real estate and construction company.

  • Category: Independient, Coordinator Director.
  • In Talgo: Chairman at the Audit Committee
  • Shareholding in Talgo: -
• D. Antonio Oporto del Olmo Independent

  Mr. Oporto del Olmo has been a Member of the Board of Directors of the European Bank for Reconstruction and Development (EBRD) in London, chairing the Committee on Budgets and Administration and the Committee on Operations and Financial Rules, he was also a member of its Audit Committee. Additionally, he has been a board member in other public and private companies, among which the Spanish Arab Bank, Compañía Sevillana de Electricidad, ACS / Dragados, Eolia, Carboex and Talgo (during the years 2012 to 2013). In addition, Mr. Oporto del Olmo was General Secretary of the Círculo de Empresarios, CEO of Corporación Llorente and Chairman of Alstom Spain. He was also a director of the SEPI / INI public group, forming part of the Executive Committee as Commercial and International Relations Director. Mr. Oporto del Olmo held a position in the Ministry of Economy and Finance after joining the Corps of Commercial Technicians and State Economists, and has been a part-time professor at the University of the Witwatersrand (Johannesburg) and Professor of Economic Theory at the University of Málaga. He is also Knight of the Order of Merit of the French Republic and has been Protector of the Royal Academy of the History of Spain since, regular member of the Washington Corporate Circle of Stanford University, member of the Economic and Social Council of the Kingdom of Spain, member of the Energy Advisory Board and Transport of the European Commission and patron of the COTEC Foundation (Spain and Technology). Mr. Oporto del Olmo has a degree in Economics from the University of Malaga, a State Commercial Technician, a diploma in international business from the Wharton Business School, and a doctorate in economic and business sciences with Cum Laude qualification from the University of Malaga. He has also completed a seminar on international economics at Harvard University.

  • Category: Independent
  • In Talgo: Member at the Strategy Committee.
  • Shareholding in Talgo: -
• Ms. María Luisa Poncela Garcia Independent

  Dª Marisa Poncela García es Licenciada en Ciencias Económicas y pertenece al Cuerpo de Técnicos Comerciales y Economistas del estado desde 1989 y al Cuerpo de Diplomados Comerciales desde 1984. Experta en definición de estrategias de internacionalización y de innovación de empresa, en financiación de proyectos y empresas y gran conocedora del funcionamiento de Organismos Multilaterales internacionales, así como del sistema de ciencia e innovación español y europeo y sus agentes, la Sra. Poncela ha desarrollado su carrera profesional tanto en el sector privado -así, de 2007 a 2010 desempeñó los cargos de Directora de Relaciones Institucionales Abbott Laboratories en España y de Directora General de la Fundación Abbott y fue cofundadora de ADD TALENTIA, S.L. (2008-2010)- como en el público, ocupando puestos como los de Secretaria General de Ciencia e Innovación (2013-2016) y Secretaria de Estado de Comercio (2016-2018). Desde mayo de 2019 y hasta la actualidad la Sra. Poncela ha sido la Directora Internacional de RENFE Operadora.

  • Categoría: Independiente

  • Participaciones en el capital: -

• Nueva Compañía de Inversiones, S.A. Represented by D. Pedro del Corro García-Lomas Propietary
• D. Jack Pope Independent

  Mr. Pope is the Chairman of the PFI Group, LLC and President and Chief Operating Officer of R.R. Donnelley & Sons, Inc. Previously, he was Chairman of the Board of Waste Management, Inc. and the Board of MotivePower Industries, Inc. Prior to joining MotivePower, Mr. Pope was Chairman, Chief Operating Officer and a member of the Board of United Airlines and UAL Corporation until it was acquired by his employees in July, 1994. He formerly served as senior Vice President, Finance, Chief Financial Officer and treasurer for American Airlines and its parent company, AMR Corporation. Mr. Pope is currently member of the Board of The Kraft Heinz Company, R.R. Donnelley & Sons, Co. (RRD), and Waste Management Inc. (WMI).   Mr. Pope holds a Bachelor´s Degree in Engineering and Applied Science from Yale University and a Master´s Degree from the Harvard Graduate School of Business Administration.

  • Category: Independent
  • In Talgo: Member at the Appointments Committee.
  • Shareholding in Talgo: -

   

• PEGASO RAIL INTERNATIONAL, S.C.A. Represented by D. Javier Olascoaga Propietary

Secretaty non-director: Dª María José Zueco Peña

Deputy Secretary non-Director: D. Mario Álvarez García