The Executive Committee is the body responsible for the execution of the general lines of planning established by the assembly. It is composed of a President, a Vice-President and several advisors who can vary from three to seven, all elected by the shareholders' meeting and remain in office for 3 years. Each member of the Management Committee may be re-elected in the same or other functions. In case of resignation or death of a member, other than the President, the Executive Committee, in the first meeting, provides for the replacement, requesting its validation in the first meeting. The Executive Committee appoints a secretary and a treasurer in its womb. No compensation should be paid to the members of the Executive Committee.
