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Loizaga Viguri, Jose Maria 

Mr. Jose Maria Loizaga Viguri serves as Independent Director of ACS, Actividades de Construccion y Servicios, S.A. since June 28, 1989. He started his career from Banco Vizcaya where he held various executive posts. In 1968, he became Managing Director of Zardoya and played a role in the merger with Schneider Otis in 1972. He was Head of Otis Elevator for Southern Europe until 1980. In this same year he founded the Banco Hispano Industrial (BHA Group) and in 1982 was appointed as Vice Chairman and Chief Executive Officer of Banco Union which merged with Banco Urquijo where he remained until 1985. In his professional career, he held positions such as Chairman of Bodegas Baron de Ley and Member of the Boards of Banque Privee Edmond de Rothschild, Suez International, Otis International, Amorim Investment, Lacteas Garcia Baquero and Union Fenosa, among others. He is currently Chairman of Cartera Industrial Rea, Bodegas Lan and Vice Chairman of Zardoya Otis and ACS’ Executive Committee, as well as a Member of the Board of Otis Elevadores Portugal and Mecalux.

Basic Compensation

Total Annual Compensation, EUR 250,000
Restricted Stock Awards, EUR --
Long-Term Incentive Plans, EUR --
All Other, EUR --
Fiscal Year Total, EUR 250,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --