Overview
- Shareholders at Inditex’s annual meeting in Arteixo on Tuesday re-elected six directors, approved José Ignacio Goirigolzarri as an independent director, and ratified Ernst & Young as the company auditor for 2026.
- The meeting approved a revised remuneration policy that creates a €25,000 supplement for an independent coordinator to fill the role left by Rodrigo Echenique.
- The board proposed raising fixed pay for CEO Óscar García Maceiras and non-executive chair Marta Ortega for the 2027–2029 policy period, with the CEO’s annual variable target increased from 120% to 150% of fixed pay.
- Under the new rules 30% of the annual variable pay would be paid in Inditex shares that must be held for two years, and the board proposed a total 2025 distribution of €1.75 per share paid in two instalments with the second due on 2 November 2026.
- Company documents and statements cite strong operating performance from 2021–2025 as the rationale for the changes, which tie bigger potential executive payouts to future business targets and will be watched by investors assessing governance and shareholder returns.