As a result, the Company’s Board of Directors is currently comprised of the following individuals:
Board Member
Position The Audit Committee is comprised of Messrs Gabriel Alarcón Velázquez, Juan Carlos Peralta del Río and Julio Madrazo García. Mr. Madrazo García is the committee’s current President. It is worth mentioning that the designated board members were selected for their experience, capacity and professional accomplishments. In addition, Messrs Julio Madrazo García, Fernando Chico Pardo, Miguel Alemán Magnani, Gabriel Alarcón Velázquez, Juan Carlos Peralta del Río and Iván Moguel Kuri are all independent members according to the Securities Market Law. Through these changes in the integration of the governance committees, the Company seeks to adopt better corporate governance practices and, as a result, it will exceed the standards established by the Securities Market Law.
About Grupo Casa Saba Grupo Casa Saba, S.A.B. de C.V. (“Saba”, “GCS”, “the Company” or “the Group”) is one of the leading Mexican distributors of pharmaceutical products, beauty aids, personal care and consumer goods, general merchandise and publications. In 2008, the company had net sales of $28,400 million pesos. The Group is listed on both the Bolsa Mexicana de Valores (Mexican Stock Exchange) and the New York Stock Exchange (NYSE).
Contacts:
Alejandro Sadurni,
CFO
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