Zara owner Inditex names founder’s daughter as chair
The daughter of the founder of the Spanish retail giant Inditex, which owns the high street chains Zara, Bershka and Massimo Dutti, has been named as the company’s next chair in the culmination of a “generational handover process”.
Marta Ortega, 37, the daughter of Amancio Ortega, 85, the majority shareholder of the world’s largest fashion retailer and Spain’s richest man with an estimated £53bn fortune, will be installed as head of the board from 1 April.
Ortega, who has worked at the company for 15 years starting out as a shop assistant at a Bershka shop on London’s Kings Road, said: “I have always said I would dedicate my life to building upon my parents’ legacy, looking to the future but learning from the past and serving the company, our
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