Zara parent names new CEO, chairperson

2021-12-01

Marta Ortega, the daughter of Inditex founder Amancio Ortega, has been named chairperson of the company effective April 2022, succeeding Pablo Isla, who has held the post for a decade. The parent of fashion retailer Zara also announced the immediate exit of CEO Carlos Crespo and the appointment of general counsel Oscar Garcia Maceiras as the new chief executive.

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