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Enrique Ostalé, Chairman of the Board of Directors of Falabella: “We have a solid position of solvency” - La Tercera

Summary by La Tercera
Enrique Ostalé, the former strongman of Walmart in Chile and the region, became the first external professional, not linked to the controlling families, to lead Falabella's board of directors on April 19, 2023. After 355 days, the Chilean executive presented his first letter to shareholders in the company's annual report. In it, he takes charge of the challenging 2023 that Falabella experienced, marked by strong headwinds. Ostalé also highlighte…

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La Tercera broke the news in Chile on Monday, April 8, 2024.
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