Marta Ortega Pérez Explained

Marta Ortega Pérez (born 1984) is the daughter of Amancio Ortega and was appointed chair of Inditex as of December 2021.[1] [2] Ortega replaced Pablo Isla, who was chair and CEO of Inditex since 2011. In April 2022, she will become president of the company.[3]

Career

Ortega studied at La Coruña and continued her baccalaureate education in Switzerland. She studied business in the European business school of the University of London and graduated in 2007, with a specialty in international entrepreneurship. The same year, she began to work at Inditex, at the London Zara store in Chelsea, then other locations and departments in the business.[4] She currently works at the Intidex headquarters in Arteixo, Spain, for the women's product and design department, collaborating with Beatriz Padín.

In Arteixo, Ortega works with her father, Inditex founder Amancio Ortega, introducing new ways to communicate with the public.[5] Since 2015, she has been on the board of directors of the Amancio Ortega Foundation. The foundation's scholarship program was modified due to the COVID-19 pandemic per an agreement with the Massachusetts Institute of Technology (MIT)[6]

In November 2021 it was announced that in 1 April she would be named president of Inditex, succeeding Pablo Isla.[7] Her appointment caused the company's share price to fall sharply. In her role, she will be expected to address the company's reputation of alleged forced labor and environmental impact.[1]

She was ranked 32nd on Fortune's list of Most Powerful Women in 2023.[8]

Personal life

Ortega has two children, a son and a daughter. She was previously married to Sergio Álvarez Moya, with whom she had her son, and is currently married to Carlos Torretta, a public relations employee at Inditex, with whom she has a daughter born in 2020.[9] For her wedding to Torretta, she wore a Valentino gown.[10]

Notes and References

  1. News: 30 November 2021. Inditex: Zara founder's daughter becomes fashion giant's chair. en-GB. BBC News. 1 December 2021.
  2. 2023-08-28.
  3. Marta Ortega, la mujer que iba a reinar. Vogue España. 9 December 2021. Rodríguez. Rafa. CONDENET IBERICA S.L.. Spanish.
  4. News: Sandra y Marta Ortega, dos hermanas con vidas radicalmente distintas. El País. 13 June 2019. 28 March 2021. 1134-6582. Maite. Nieto. Spanish.
  5. Web site: Amancio Ortega cumple 85 años: las personas que han marcado su vida. 28 March 2021. 28 March 2021. Vanity Fair España. Spanish.
  6. News: Así ha logrado la Fundación Amancio Ortega salvar su programa de becas a estudiantes. 28 March 2021. Spanish. El Confidencial.
  7. News: Marta Ortega sustituirá a Pablo Isla en la presidencia de Inditex. El Mundo. 30 November 2021. 30 November 2021. Villaécija. Raquel. Spanish.
  8. Web site: Most Powerful Women . . en.
  9. News: Inside glamorous life of Zara heiress Marta Ortega Perez, the fashion empire's 'secret weapon'. News.com.au. Carey. Alexis. 2 December 2021.
  10. Marta Ortega and Carlos Torretta's Wedding Details: Here's Everything We Know About the Spanish "Wedding of the Year". W. Cusumano. Katherine. 17 November 2018.