Jorge Desormeaux Jimenez - Independent Director of Vina Concha Y Toro

Jorge Desormeaux Jimenez

Independent Director since 2011

Total compensation: $123,308,000
Age: 66

Jorge Desormeaux Jimenez serves as Independent Director of Concha y Toro Winery Inc. since April 26, 2011. He also acts as Member of Directors committee of the company. He has been Professor at the Economics Institute of the UC since 1979 in the areas of macroeconomics and the international economy. He has also been Professor of the Master of Business Administration program of the same university since 1999. At the same time, he has carried on activities as Consultant to banks, companies and international organisms since 1985. He was Counselor and Vice President of Banco Central de Chile between 1999 and 2009. In 2005, he became Member of the Superior Directive Council of U. Diego Portales, which position he still holds. He became Independent Director of AntarChile S.A. in May 2010 and joined Banco de Chile as Economic Adviser. He is also External Consultant to various Chilean companies and JP Morgan Chile. He was named President of the Financial Supervision and Regulation Reform Commission in August 2010. He obtained a Fulbright Scholarship for his doctorate studies in the Massachusetts Institute of Technology (MIT) in 1974. He holds degree in Commercial Engineering from Universidad Catolica de Chile.

Viña Concha y Toro S.A., together with its subsidiaries, produces, distributes, and exports wine in Chile, Europe, the United States, South America, Asia, Canada, Central America, Africa, and internationally. The company operates through two segments, Wines and Other. It sells its premium wines under the Don Melchor, Carmín de Peumo, Gravas del Maipo, Amelia, Terrunyo, Marqués de Casa Concha, Gran Reserva Serie Riberas, Casillero del Diablo, Trio, and Late Harvest brand names; varietal and bi-varietal wines under the Sunrise, Concha y Toro, and Frontera brands; and popular wines under the Tocornal, Clos de Pirque, Exportacion, and Fressco brand names. The company also sells premium, varietal, and bi-varietal wines under the Cono Sur, Isla Negra, Maipo, Canepa, Palo Alto, Maycas del Limarí, and Trivento brands, as well as under the Fetzer, Bonterra, Five Rivers, Jekel, Sanctuary, and Little Black Dress brand names. In addition, it distributes spirits and premium beers in wine bar and tours; and sells fruits, energy drinks, and mineral water. As of December 31, 2016, the company had approximately 12,515 arable hectares on 55 owned and 9 leased vineyards in the Limarí, Aconcagua, Casablanca, San Antonio, Maipo, Cachapoal, Colchagua, Curicó, and Maule Valleys of the Central Zone in Chile; 8 vineyards in the Maipú, Tupungato, Rivadavia, San Carlos, Luján de Cuyo, and San Martín regions located in Mendoza, Argentina; and 15 vineyards in Mendocino and San Luis Obispo in California. Viña Concha y Toro S.A. was founded in 1883 and is headquartered in Las Condes, Chile.