Mr. Pedro Sainz de Baranda Riva, of Spanish nationality, has been an independent director since 2023. He holds a degree as a Mining Engineer from the University of Oviedo, with a Specialization in Energy; a Ph.D. in Engineering from Rutgers University (New Jersey); and an MBA from the Sloan School of Management at the Massachusetts Institute of Technology (MIT).
He has carried out his professional career in the industrial sector within the United
Technologies Corporation (UTC) group and Otis Elevator Company. He has served as the manager of new teams at Otis Mexico; Executive Chairman of Otis Portugal; Managing Director and Chief Executive Officer of Zardoya Otis, S.A.; and Chairman of Otis for Southern Europe and the Middle East. Finally, in 2012 he was named Executive Chairman of Otis Elevator Company.
Mr. Sainz de Baranda Riva is currently a director at two listed companies: Naturgy Energy Group, S.A., and Gestamp Automoción, S.A.; and is a member of the Supervisory Board of TK Elevator GmbH, in addition to being a trustee of the Fundación Princesa de Asturias and Universidad Carlos III in Madrid.