Zara parent names new CEO, chairperson


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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