Mango’s CEO, Toni Ruiz, will continue to lead the company as CEO. According to sources close to the company consulted by this newspaper, Isak Andic, the founder and chairman of the board of the group, who died last Saturday. It guaranteed a professionalized structure outside the family, which controlled 95% of the capital.
Andic hired Ruiz as finance director in 2015 and appointed him managing director in 2018 and group CEO just two years later in 2020. While removing his eldest son, Jonathan Andic, from positions of maximum responsibility he held between 2014 and 2018 (he was previously vice president and was left to run only the men’s fashion line), Ruiz’s position was strengthened in 2023. It also acquired 5% of the company’s capital.
According to the sources consulted, Isak Andiç’s intention was for the company to be managed by the board of directors and two committees. The council, the highest executive body, was strengthened with the participation of independents last March. In addition to CEO and Jonathan Andic; The board is rounded out by Daniel López, Director of Expansion; finance director Margarita Salvans and independents, Iese Business School professor Jordi Canals; Jorge Lucaya, co-founder of AZ Capital; Jordi Constans, former executive of Danone and Louis Vuitton, and Marc Puig, chairman and CEO of Puig.
Toni Ruiz also leads the fashion chain’s management committee, which consists of Jonathan Andic, global director of Mango Man; Daniel López, Director of Expansion and Franchises; Margarita Salvans, finance director; Elena Carasso, online business and customer area manager; Human Resources Director David Payeras; Product and Sustainability Director Luis Casacuberta; César de Vicente, Retail Director, Jordi Moreno, Technology Director and Blanca Muñiz, Brand Director.
It is this executive committee that manages the day-to-day life of the company, and Andic’s death solves this problem at a time when all members had already been in this role for years, even decades. Although his voice continues to be heard and followed, Andic has delegated many duties in recent years.
Under this management committee, there is also an executive committee with managers from different areas, but Toni Ruiz is always at the head of the chain of command.. Interviewed sources said, “There will be no change in this regard, the CEO will continue to manage the company.” His figure has also been revered by Isak Andic, which gives him a strength that means no major changes are expected. Of course, as long as the results remain the same as they have been since the end of the pandemic. The chain’s founder even said privately that “Toni Ruiz saved my company” after the group’s troubles years ago and the manager reaching record figures last year, putting the group on the path to a turnover of 4,000 million. 206.
Although Mango wants to wait for details to be known, it is almost unlikely that Jonathan Andic is seeking a senior executive position within the organization, such as executive chairman. Instead, Jonathan and his two sisters will take control of the inheritance company Punta Na, where they will control 95% of the company until the will is read.
Jonathan Andic wants to preserve his father’s legacy
After staying like this for two days shockThe staff of the textile giant gathered at the Mango Campus this Tuesday to bid farewell to its chairman. His CEO Toni Ruiz wanted to be together“We are united with the determination to continue the project and the legacy left by Isak Andiç.” Ruiz sent a message full of gratitude and admiration to Andiç, whom he said was “a visionary, a leader, a great companion in the lives of everyone who knew him.” “No matter how far he had gone, his mind was already on the next step. So we will follow his example, we will do this for him, for Mango, and we will do it the way he wants: with a smile and all our energy,” he emphasized.
Along the same lines, council member and family representative Jonathan Andic wanted to make clear: “This is just the beginning: let’s continue to honor his memory and legacy, keep his values and teachings alive.” He abandoned us. May his example inspire us to be better every day and build the Mango of the future together.
