Investors Relations
Corporate Governance
Management and Governing Bodies
Javier Molina Montes is the CEO (Chief Executive Officer) and is responsible for the overall management of the company and all business areas.
Wolf Lehmann is the CFO (Chief Financial Officer), in particular is responsible for the areas of Finance, Information Technology ( IT ) , including operational excellence and global project management in Befesa.
Asier Zarraonandia is V.P. (Vice -President) of the business unit: Steel Dust Recycling Services
Federico Barredo is V.P. (Vice -President) of the business unit: Aluminium Salt Slags Recycling Services.
The Board of Directors is currently composed of nine members, two executive and seven non-executive directors, four of whom are independent.
Executive Directors

Javier Molina
CEO
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Education:
- Degree in Law and Business Administration and Management from the Comillas Pontifical University, ICADE, Madrid, Spain.
Professional Career:
Current position
- Chief Executive Officer of Befesa’s Global Operations (2000-present day).
Former positions
- President of the Environmental Services Division of Abengoa (1994-2000).
- Managing Director at TECSA, Automotive and Agricultural Equipment (1989-1993).
- Regional Director and Key Account Manager at the bank Progreso S.A. (March Group) (1983-1988).

Wolf Lehmann
CFO
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Education
- Double degree in Business and Engineering from the University of Hamburg (Germany) – Diplom Wirtschaftsingenieur
Professional Career:
Current
- Chief Financial Officer (CFO) of Befesa’s Global Business Operations (June 2014-present day) including responsibilities for Operational Excellence and Information Technologies; Ratingen, Germany
Former positions
- CFO at Wilsonart International, a leading company in the laminate and decorative surfaces industry; Austin, TX, USA (2013-2014)
- CFO at Momentive Performance Materials, prior General Electric (GE) Silicones & Quartz; various locations (2005-2013):
- Global CFO; Albany, NY, USA
- CFO Asia and Pacific; Shanghai, China
- CFO of the GE / Bayer Joint Venture EMEAI Region; Leverkusen, Germany - Manager of Finance at Propulsion and Specialty Services, at GE Transportation, Erie, PA, USA (2002-2005)
- Finance Trainee (FMP) and Traveling Corporate Auditor (CAS) at GE in various international locations (1996 to 2002)
Non-Executive Directors

Romeo Kreinberg
Chairman of the Board of Befesa.
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Education:
- Degree from the Faculty of Architecture and Urban Planning at the University of Buenos Aires.
Professional Career:
Current position
- President of the Board of Befesa.
- Member of the Administrative Board of Orion E.P.
- President of the Administrative Board of Rain Carbons Inc.
Former positions
- President of the Administrative Board of Rütgers N.V. (2009-2013).
- Executive Vice-President of Performance Plastics & Chemicals Portfolio at Dow Chemical (2005-2007).
- Executive Vice-President of the Plastics Division at Dow Chemical (2003-2005)
- President of the Business Group for Polyolefins and Elastomers, TDCC at Dow Chemical (2000-2003).
- Global V.P. for Polyethylenes and PET7 PTA, TDCC (1995-2000).
- Employee at Dow Chemical (1977-2007).

Frauke Heistermann*
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Education:
- Degree on Business Administration
Professional Career:
Current position
- Member of the Board of Befesa.
- Chief Digitalization Officer, Siemens Postal, Parcel & Airport Logisitics GmbH
- Member of the Management Board, AXIT GmbH
- Member of the Management Board of the Bundesvereinigung Logistik
Former positions
- International Product-Manager, NET Nachtexpress Termindienst GmbH
- Consultant und Project Leader, Prof. Dr. Bretzke Management Consulting

Johannes Maret
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Education:
- Degree in Business Administration from the University of Cologne.
Professional Career:
Current position
- Member of the Investment Committee at Triton Partners.
Former positions
- Worked at Sal. Oppenheim and Arthur Andersen.

Roland Oelschläger
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Education:
- Degree in Foreign Affairs and German from the University of Virginia.
Professional Career:
Current position
- Investment advisor at Triton Partners.
Former positions
- Worked at the Bank of America in New York, Baltimore, Roanoke and Charlotte, in positions related to investments and corporate banking, with a focus on financial acquisitions and markets of medium sized enterprises. Responsible for advising on making investments in various industries

Manuel Soto*
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Education:
- Degree in Business Administration,Management and Economics from the University of Madrid
Professional Career:
Current position
- Member of the Board of Befesa (2013-present day)
- Member of the Administrative Board of Banco Santander in the United Kingdom and in the United States (2013-present day)
- Member of the Advisory Board of the Barceló Group (2012-present day)
- Member of the Board of Cartera Industrial Rea, S.A. (2008-present day)
- Member of the Advisory Board of N+1 Mercapital (2006-present day)
Former positions:
- Member of the Administrative Board of Banco Santander, S.A., (1999-2013), as President of the Compliance and Audit Committee.
- Member of the Administrative Board of: Indra Sistemas, S.A. (1999-2011), Corporación Financiera Alba, S.A. (1999-2010), Cortefiel, S.A. (1999-2006) and Campofrio (1999-2004), as President of the Audit Committee.

Georg Graf Waldersee*
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Education
- Economics University of Bonn
- Business Administration University of Hamburg (Dipl.Kfm.).
- Chartered Accountant (Wirtschaftsprüfer).
Professional Career:
Current
- Member of the Board Befesa.
- Chairman of the Advisory Board Ernst & Young GmbH, Wirtschaftsprüfungsgesellschaft.
- Dep. Chairman of the Supervisory Board Scope Management SE und Scope SE & Co. KGaA.
- Member of the Advisory Board Evercore GmbH.
- Member of the Advisory Board Delivery Hero AG.
Former positions
- Arthur Andersen (1982-2002).
- Partner (1991-2002).
- Member of the German Executive Board (1998-2000).
- Regional Managing Partner Nordic Countries/EMEIA Executive Committee (2000-2002).
- Ernst & Young (EY) (2002-2016).
- Partner (2002-2016).
- Member of the German Executive Board Ernst & Young AG/ GmbH (2002- 2016 - Chair/CEO 2011-2016).
- Regional Managing Partner (CEO) GSA – Germany, Switzerland, Austria/EMEIA Executive Committee (2008-2016).

Santiago Zaldumbide*
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Education:
- Degree in Law from the University of Madrid.
- Degree in Economics from the University of Deusto (Bilbao).
- MBA from the University of Berkeley, California (USA).
- Has lectured at the University of Deusto, at both undergraduate and postgraduate level.
Professional Career:
Current position
- Member of the Board of Befesa (2013-present day).
- Senior Consultant at Glencore-Xstrata plc.
Former positions:
- Executive Director of Xstrata and Executive Director of Xstrata Zinc and Asturiana de Zinc (until May 2013).
- Board member for various international companies, including ThyssenKrupp, Air Products, AON Gil & Carvajal, etc.)
- President of the Executive Committee of the Spanish Confederation of Industries (CEOE) and President of the Foreign Promotion Council of Spain (2003-2005)
- Executive Director of the Banesto Industrial and Financial Corporation (1994-1998)
- Executive Director of Petróleos del Norte S.A. (Petronor) and responsible for the internationalisation project for the Repsol Group (1986-1994)
- Director of Security for the Banco Bilbao Group, which includes companies such as Catalana de Occidente, Seguros Aurora- Polar, Gavial (insurance brokers) and Euroseguros (1984-1986)
- Director of various divisions at Unión Explosivos, Rio Tinto (fertilizers, minerals, plastics, chemicals, international and pharmaceutical) (1970-1984).
The Articles of Association provide for the creation of board committees. The Board of Directors has formed an Audit Committee, a Nomination and Remuneration Committee, an Operations Committee and a Market-Disclosure Committee. These committees fulfill the functions delegated to them in the name and on behalf of the Board of Directors.
Audit Committee:
Georg Graf Waldersee (Chairman)
Frauke Heistermann
Roland Oelschläger
Manuel Soto
Nomination and Remuneration Committee:
Romeo Kreinberg (Chairman)
Georg Graf Waldersee
Johannes Maret
Roland Oelschläger
Santiago Zaldumbide
Operations Committee
Romeo Kreinberg (Chairman)
Frauke Heistermann
Johannes Maret
Manuel Soto
Santiago Zaldumbide
Market-Disclosure Committee
Georg Graf Waldersee (Chairman)
Javier Molina
Wolf Lehmann