Inditex, the parent company of Zara and Massimo Dutti, among others, is reorganising its management: Óscar García Maceiras will become the new CEO and Marta Ortega Pérez will succeed Pablo Isla as chair in a few months' time.
MADRID - Marta Ortega, daughter of the founder of Spanish fashion retailer Inditex, will replace chairman Pablo Isla, who led the company's global expansion for more than a decade, in a succession some analysts called rushed. Ortega, 37, takes over as chairwoman of the group that owns the Zara brand in April with a new chief executive, the last step.