Boards of Directors and Management

SMU’s Board of Directors includes executives with vast leadership experience in the retail industry, allowing the Company to consistently deliver results, face new challenges, and provide its customers with excellent service.

Pilar Dañobeitía Estades

Chairwoman of the Board

Ms. Dañobeitía holds a degree in Accounting from the Universidad de Chile and a master’s in business administration (MBA) from the University of Chicago and has been a member of SMU’s board of directors since February 22, 2008. Prior to joining SMU, she held several positions at CorpGroup Interhold, Comercial Rio Laja, and Banco de Chile. She is currently a member of the board of several companies, including Corp Group Banking S.A., CorpGroup Interhold SpA, and Corp Group Financial S.A., among others. She is also involved with a number of non-profit organizations, including as a member of the board of Fundación CorpArtes and member of the Women Corporate Directors Foundation. She has been a councilwoman for SOFOFA since 2021.

Francisca Saieh Guzmán

Vice Chairwoman of the Board

Ms. Saieh holds a degree in Design from Universidad Católica de Chile, a Master of Arts in Exhibition Design from The State University of New York (SUNY), and a degree from the Senior Management Program of the Universidad de Los Andes’s ESE Business School. She has been a member of the boards of directors of Copesa, a media holding company, and VivoCorp, a real estate development and management company that operates malls, outlets, strip malls, and stand-alone properties, since 2019. She was a member of SMU’s board of directors between May 2011 and December 2013. In 2011 she founded the design firm CorpImagen, where she held the position of Executive Director until December 2019. Ms. Saieh has ample experience leading image, corporate branding, private label, and marketing strategies, as well as developing customer centric retail sales locations.

Abel Bouchon Silva

Director

Mr. Bouchon holds a Business Administration degree from Universidad de Chile and an MBA from The Wharton School, University of Pennsylvania. He has been a member of SMU’s board of directors since April 30, 2014. Previously he served as CEO at Embotelladora Andina and Latam Airlines’ international business. He has also worked as a consultant with Booz Allen & Hamilton. Currently, he serves as a member of five different boards of directors.

Andrés Olivos Bambach

Director

Mr. Olivos holds a degree in Business Administration from Universidad de Chile (1984). He also studied at the graduate level at Stanford University and holds a master’s degree in Applied Philosophy from Universidad de Los Andes. He has served on SMU’s board of directors since April 9, 2015. He served as CFO at Embotelladora Andina S.A. for 10 years and subsequently, as CEO at Parque Arauco S.A., between 2003 and 2011. He is currently a partner and chairman of the board at Inmobiliaria BDP SpA; serves on the board of Cristalerías de Chile S.A.; is a member of Consejo Inmobiliario de Independencia AGF; and is the vice chairman of the board at Laboratorios Saval S.A.

Fernando Del Solar Concha

Director

Mr. Del Solar holds a degree in Business Administration from Universidad de Chile with graduate studies in Switzerland. He has been a member of SMU’s board of directors since December 16, 2013. He had a successful career of 38 years at Nestle, in several South American countries, where he served as chief executive officer and executive chairman. He is currently the chairman of Ferosor Agrícola.

Raúl Sotomayor Valenzuela

Director

Mr. Sotomayor holds a degree in Economics and Business Administration from Pontificia Universidad Católica de Chile and an MBA from the University of California at Los Angeles and has been a member of SMU’s board of directors since 2013. He is a founding partner of Southern Cross Group and serves as a member of the boards of directors of different companies.

Alejandro Álvarez Aravena

Director

Mr. Álvarez holds a degree in Law from Universidad de Chile and has been a member of SMU’s board of directors since April 2013. He has broad experience in commercial and financial law matters. He also holds an LLM from the University of Würzburg and a PhD from the University of Gottingen, Germany. He previously served as chairman of the Chilean-German Chamber of Industry and Commerce and is currently an arbitrator for the Arbitration and Mediation Center of the Santiago Chamber of Commerce (CCS).

Alejandro Danús Chirighin

Director

Mr. Danús holds a degree in Business Administration from Universidad de Chile and a Master’s of Business Administration from the University of Chicago. He currently serves on the board of directors of Moller&Perez-Cotapos as an independent director nominated by Chilean pension funds. Mr. Danús has vast experience in a range of industries. He was the CEO of Empresas Banmedica, with operations in Chile, Peru, and Colombia, between 2015 and 2018. He was also CEO of Sociedad Punta de Lobos between 2001 and 2009; CEO of Cemento Melón between 2000 and 2001; and CEO of Companhia Elétrica de Rio de Janeiro, CERJ, a subsidiary of the Enersis Group dedicated to the distribution and generation of electricity for the state of Rio de Janeiro, Brazil, between 1996 and 2000. Between 2009 and 2015, Mr. Danús developed the Avis Renta a Car franchise for Chile, holding the position of CEO, and he also held an ownership stake in Inmobiliaria Idea, where he served on the board of directors.

Enrique Gundermann Wylie

Director

Mr. Gundermann holds a degree in civil industrial engineering and a Master’s in Business Administration from Pontificia Universidad Católica de Chile. He has ample experience in Latin America as a Board member and CEO of retail companies, developing and improving operating, control, and compliance standards. He currently services on the boards of directors of Entel and Grupo Epysa, Implementos S.A. in Chile, and of Grupo Cochez in Panama. He was the chairman of the board of Ikea Chile, Peru, and Colombia (Falabella Group) between 2020 and 2022; a member of the board of Global Home Improvement Network (EDRA/GHIN) in Belgium between 2018 and 2020; and CEO of Sodimac (Falabella Group) in Latin America between 2012 and 2020.

Marcelo Gálvez

Chief Executive Officer

Mr. Gálvez holds a degree in business administration from Universidad Adolfo Ibáñez and a MBA from the University of Bath. He has over 30 years of experience in the food retail industry and has been SMU’s chief executive officer since 2013.

Arturo Silva

Chief Financial Officer

Mr. Silva holds a degree in business administration from Universidad de Chile and a MBA from Universidad Gabriela Mistral. He has over 30 years of experience working in finance in large domestic and international companies and has been SMU’s chief financial officer since 2013.

Carolina Selume

Chief Real Estate Development Officer

Ms. Selume holds a degree in architecture and a Master’s of Museography from Universidad Andrés Bello, and she also completed the Senior Management Program at the ESE Business School of the Universidad de los Andes. She has over 20 years of experience in advising and developing real estate, retail and supermarket projects and has been SMU’s chief real estate development officer since 2019.

Paula Coronel

Chief People and Sustainability Officer

Ms. Coronel studied law and has over 25 years of experience working in human resources. She has been SMU’s chief people and sustainability officer since 2017.

Jorge Saez

Chief Sales and Operating Officer

Mr. Sáez holds a degree in business administration and an MBA, specializing in retail management. He joined SMU over 15 years ago, holding roles in the commercial department, as well as leading the Mayorista 10 and Unimarc formats. Prior to joining SMU, he worked in the sales and commercial departments of leading consumer goods companies in Chile.

Luisa Astorino

Chief Customers and Marketing Officer

Ms. Astorino holds a degree in business administration, as well as a MBA from Universidad Adolfo Ibáñez. She has over 25 years of experience in product development and has worked for the SMU Group since 2007 in diverse roles, including financial services, e-commerce, and customers and marketing, and she has been SMU’s chief customers and marketing officer since 2022.

Claudia González

Chief Legal and External Affairs Officer

Ms. González holds a degree in law from Universidad Católica de Chile; a Master’s in Economic and Financial Law from Universidad del Desarrollo; and a MBA from Universidad Adolfo Ibáñez. She has over 18 years of experience working for local and international retailers and has been SMU’s chief legal and external affairs officer since 2020.

Juan David Quijano

Comptroller

Mr. Quijano holds a degree in accounting from Universidad de Santiago and in business administration from Universidad Gabriela Mistral, as well as a MBA from Universidad de Chile. He has vast experience in the areas of internal control, finance, administration, and management control and has been SMU’s comptroller since 2019.

Javier Fernández

Chief E-Commerce Officer

Mr. Fernández holds a degree in business administration, as well as a MBA from Cornell University. He has vast experience in the development of digital solutions and has been SMU’s chief e-commerce officer since 2021.

Gustavo Persson

Chief Strategy and Development Officer

Mr. Persson holds a degree in industrial engineering from Universidad de Chile and a MBA from Universidad Adolfo Ibáñez. He has vast experience leading strategic planning, tactical, and operational planning processes and executing corporate development and infrastructure projects and has been SMU’s chief strategy and development officer since 2021.

Patricio Llosa

CEO SMU Peru

Mr. Llosa holds a degree in business administration from Universidad Adolfo Ibáñez and a MBA from Northwestern University. He has many years of experience in the Chilean and Peruvian food retail industries and has been CEO of SMU Peru since 2011.