Inditex Appoints Coca-Cola Executive as New Legal Director Amid Leadership Changes

Inditex will hire Isabela Pérez, from Coca-Cola, as its new legal director. The appointment will take effect at the end of the summer. Pérez will replace Enrique Muñoz, who has already left the company due to retirement, according to Spanish journal Expansión.

Isabela Pérez began working in the multinational more than a decade ago, where she has held various positions of responsibility. Until joining Inditex, the executive has been corporate legal vice-president of Coca-Cola Europacific Partners for almost two years.

Isabela Pérez holds a law degree from the University of Navarra. She has postgraduate studies at the University of Cambridge and IESE Business School. She has been a professor at Esade Business School for nine years, has been an independent director of Holaluz and was president of Andbank Wealth Management. She was Chief State Lawyer in Catalonia from 2010 to 2013 and secretary of the Economic Court of the Basque Country from 2000 to 2002.

Inditex incorporates Isabela Pérez from the legal area of Coca-Cola, where the executive has worked for a decade

The executive will report in her new position to Javier Monteoliva, general secretary and secretary of the board of Inditex. Her appointment responds to a strategy of renewal of management positions at Inditex, which began with the arrival of the Chairman Marta Ortega and the CEO of the company, Óscar García Maceiras.

Inditex renews its top management

In mid-May of this year, the Spanish group announced the introduction of a new structure withthe creation of a corporate general management, at the head of which it has placed Ignacio Fernández Fernández, until then chief financial officer. Andrés Sánchez Iglesias joined as CFO and Fernando de Bunes took control of the sustainability area.

Along the way, there have also been some departures. The main one has been the departure of a company historian, Javier Losada, with more than thirty years in the group and sustainability since 2019. José Arnau, for his part, left the vice presidency of Inditex in the first half of the year (relieved by Roberto Cibeira), and Marcos López, director of capital markets since 1999, left to make way for Gorka García-Tapia.

The generational renewal also includes the departure, announced in early July, of Begoña Costas, who has left the management of Zara Kids after a 46-year career at Inditex. She has been replaced as head of the children’s division of Zara’s flagship store by Lorenzo Marcheselli.

Santiago Martínez Lage has been appointed director of public affairs, implying the departure of Iria Mouzo Lestón. And José María Álvarez, former director of corporate development, was moved to Pull&Bear’s finance directorate.