Responsible Business and Professional Excellence

Estructura del Directorio

Un directorio profesional, de relevante trayectoria empresarial y visión de largo plazo, encabeza a Parque Arauco S.A.

José Said Saffie


Law Degree, Universidad de Chile. Currently holds the positions of Chairman of Banco Bilbao Vizcaya Argentaria, Chile; Chairman of Parque Arauco S.A.; Director of Universidad Jesuita Alberto Hurtado; Chairman of Fundación Palestina Belén 2000-Chile; Director of the Chile-Peru Business Council; Director of MegaPlaza; Managing Director of Asociación de Bancos e Instituciones Financieras A.G.

Salvador Said Somavía

Non-Executive Director

Business Administration degree, Universidad Gabriela Mistral de Chile. Executive Director of Grupo Said; Director of Cruz Blanca Salud S.A.; Director of Scotiabank Chile, Parque Arauco S.A., Endeavor Chile, Edelpa S.A., Coca-Cola Andina S.A., Envases CMF S.A., Energía Llaima; Consultant for Centro de Estudios Públicos (CEP) and Generación Empresarial.

Orlando Sáenz Rojas

Non-Executive Director

Civil Engineering degree, Pontificia Universidad Católica de Chile. Chairman of Constructora Jardines del Bosque Ltda., O. Sáenz y Compañía Profesionales Asociados, Inversiones Orli Ltda., and Inversiones CAF Ltda.

José Domingo Eluchans Urenda

Non-Executive Director

Law degree, Pontificia Universidad Católica de Chile. Director of the publicly traded companies Banco BBVA and Envases del Pacífico S.A.; Chairman of the Board at Inversiones del Pacífico S.A.; Director of Inmobiliaria Atlantis S.A., Parque Arauco´s controlling shareholder.

Guillermo Said Yarur

Non-Executive Director

Degree in Civil and Industrial Engineering, Universidad de Chile. Post-graduate degree in Finance, Universidad Adolfo Ibáñez. Chairman of Inversiones Ranco Uno S.A.; Director of Inmobiliaria Sport Francais S.A.; Director and CEO of Comercial Café Mokka S.A.

René Abumohor Touma

Non-Executive Director

Entrepreneur. Has served as Chairman of Hilanderías Maisa S.A., Coresa S.A., Contenedores, Redes y Envases; Managing Director at Banco Interbank, in Lima, Peru, Banco Corpbanca-Venezuela, Corpvida S.A., Compañía de Seguros and various companies in Chile and abroad; Currently holds the positions of Chairman of Empresas Coval, a company focused on finance and real estate, and Director of Fundación Palestina Belén 2000-Chile.

Rafael Aldunate Valdés

Independent Director

Business Administration degree, Pontificia Universidad Católica de Chile; Advanced Management Program, Harvard University. Current Director AFC: Administradora de Fondos de Cesantía and Instituto Libertad; Chairman of Proservice; Former Vice Chairman of Empresa de Ferrocarriles del Estado (EFE); Former Director of SEP: Sistema de Empresas Públicas.

Juan Carlos Lobos Peréz

Independent Director

Bachelor of Law and Social Sciences, Catholic University of Valparaiso. Currently he acts as a legal advisor for Industrias Combinadas Gaio, Periano S.A. and Clínica Reñaca S.A., as well as an external lawyer of Banco Itaú Chile.

Luis Hernán Paúl Fresno

Independent Director

Civil Engineering degree from the Catholic University of Chile and MBA from Massachusetts Institute of Technology. Partner at Paul & Co. (consulting firm specializing in corporate governance and family business issues). He is currently on the Board of Directors at Camanchaca, Brotec , Salcobrand and Corpora. He is also on the Executive Committee of the Catholic University Corporate Governance Center as well on the Executive Committee of CGE.


We have a Directors’ Committee made up of three members, two of which are independent of the controlling group. The main functions of this Committee are as follows:

• Review balances and financial statements of the Company
• Recommend the external auditors and risk classifying agencies to the Board
• Analyze information related to the relevant operations
• Observe the remunerations and compensation plan systems for managers and principal executives
• Show concern regarding those matters that are related to the social status or that are entrusted to the Shareholders or Board, as appropriate.



Our Company is governed by the Corporations Law, which sets forth the conditions for our directors to be considered independent.


Any financial, professional, credit or business connection, interest in or dependence on the Company or other companies within the same group, its parent company, or directors, managers, administrators, senior executives or advisors at any of these companies.


Any kinship relationship, up to the second degree by blood or marriage with any of the individuals referred to in the previous point.


Been a director, manager, administrator or senior executive of non-profit organizations that have received significant contributions or donations from the individuals listed in point 1.


Been a partner or shareholder with direct or indirect control over 10% or more of the capital of entities that have provided legal or consulting services for significant amounts; or external auditors for the individuals referred to in point 1 or for the Company’s principal competitors, suppliers or customers; or served as director, manager, administrator or senior executive of these entities.