Corporate governance

During the year, Grupo Lamosa continued to comply with the different Stock Market rules and regulations, closing the year with a very high level of compliance with the Code of Best Corporate Practices issued by the Mexican Business Coordinating Council (Consejo Coordinador Empresarial, CCE).
In 2016, the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) gave Grupo Lamosa a favorable rating for its timely presentation of the periodic information that issuers are obliged to disclose to the market in accordance with current regulations.
A highlight of 2016 was Grupo Lamosa’s celebration of 65 years of listing on the Mexican Stock Exchange. This achievement underscores the company’s commitment to being a transparent company that promotes best corporate practices for the benefit of its different stakeholders.
Grupo Lamosa operates with specific mechanisms to ensure the clear assigning of roles and responsibilities, both for management and for the distinct corporate governance structures, avoiding conflicts of interest and promoting effective, institutional decision-making.
Members of the Audit Committee
CARLOS ZAMBRANO PLANT
Chairman
EDUARDO PADILLA SILVA
EDUARDO GARZA T FERNÁNDEZ
MAXIMINO JOSÉ MICHEL GONZÁLEZ
Members of the Corporate Practices Committee
EDUARDO ELIZONDO BARRAGÁN
Chairman
BERNARDO ELOSÚA ROBLES
ARMANDO GARZA SADA
