145 Social Responsibility and Sustainability Report 2017 | PRISA G4-39 Report whether the Chair of the highest governance body is also an executive officer (and, if so, his or her function within the organization’s management and the reasons for this arran-gement). The President of the Board is granted executive powers which are detailed in Article 11 of the Board Regulations. and is also delegated all the powers of the board, except those not delegable by law. G4-40 Report the nomination and selection processes for the highest governance body and its committees, and the criteria used for nominating and selecting highest governance body members. Articles of Association (Art.19) Regulations of the Board of Directors (arts. 20, 21, 22, 23, 24 and 25) Section C of the ACGR The procedures for the selection and appointment of directors are regulated in the Statutes and in the Regulations of the Board of the Company, and can be found in the ACGR (section C of the re-port). In 2015 a “policy for the selection of directors” was approved that ensu-res the screening process is based on a preliminary analysis of the needs of the Board and takes into account diversity of knowledge, experience and gender. In compliance with recommendation 14 of the Code of Good Governance of the Comisión Nacional del Mercado de Valores (CNMV), the Appointments and Remuneration Committee has verified that, during the year 2016, all propo-sals for ratification, re-election and / or appointment of directors have followed the principles, objectives and procedu-res stipulated in the Policy for the Selec-tion of Board Members. These proposals have been preceded by a preliminary analysis of the needs of the Board, whi-le promoting the diversity of knowledge, experience and gender.
Informe_Anual_PRISA_EN
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