06 Corporate
Gorvenance
Ethics & Compliance
The fundamental values that drive how we conduct business at every level are: integrity, transparency and accountability which enable us to deliver business initiatives in a responsible and sustainable manner.
Our business conduct is informed by our compliance program focused on communication, training, risk management, policies and procedures and individual case management – all applying a mindset of continuous improvement.
In 2024, we launched several initiatives – such as the Compliance & Ethics Week – aimed at enhancing employee engagement on these topics using gamification approaches to bring the fundamental pillars of our business conduct to life and to test employee’s knowledge.
Simultaneously, our Code of Ethics was updated to further clarify the company´s ethical work principles and expectations, and the accompanying training achieved a 98% on-time completion rate amongst all employees.
SpeakUp!
As part of our efforts to uphold the highest standards of integrity and accountability, we have enhanced Almirall’s ‘SpeakUp!’, a communication channel which allows our employees and external partners to confidentially report any potential concerns, suspicions of misconduct or unethical behaviour that might violate the principles of the Law and our Code of Ethics.
As part of our non-retaliation policy, we have encouraged employees to speak up and report situations without concerns about potential retaliation, while our leaders have fostered a culture of trust and full transparency to support this goal. This year, we’ve strengthened our activities in this area by optimizing the reporting process and increasing awareness.
Prevention and Detection of Corruption and Bribery
Our Anti-Bribery and Anti-Corruption (ABAC) policy equips our employees with training and the essential principles to identify, prevent and mitigate bribery and corruption risks. This training is offered to all new employees and refreshers are encouraged every two years to all staff – including leaders and top management.
The Global Compliance team conducts regular monitoring and risk assessments – addressing any identified risks with the relevant leaders in the organisation. The Internal Audit department also audits global operations for ABAC risks. In 2024, no material cases of bribery or corruption were identified.
Corporate Policies
and Procedures
In 2024, we reviewed and updated all existing Corporate Policies as part of a two-year project, creating clear and actionable guidelines for policy drafting, ownership and life-cycle management, and streamlining approval processes. We have updated several of our Corporate Policies since then, including the Ethical Healthcare Interactions and Sustainability policies, reflecting the highest standards of integrity and ethical behaviour in our business practices.
Our commitment to transparency and accountability has contributed to our Top Employer recognitions in Spain and Germany in 2024, which highlighted our culture focus on Ethics & Integrity. This is further supported by our adherence to strong ethical guidelines, compliance programs and reporting mechanisms such as “SpeakUp”.
Information Security
and Data Privacy
Almirall utilises an Information Security Programme that aims at protecting strategic information and critical business processes in line with market standards such as NIST Cyber-Security Framework and the NIST 800-53 series.
This Information Security Programme is risk-oriented and holistic, covering the triad Processes, Technology and People, with special emphasis on becoming a cyber-resilient organization.
At Almirall, our Information Security Programme is integrated with Data Privacy, guided by the principle of security-by-design, and covers third party risk management with a risk-oriented approach.
This year we have progressed significantly in maturing our cyber protection, detection and response capabilities by implementing proactive risk mitigation plans and increasing our focus on security and risk management in line with the increasing complexity and external threat levels.
In addition, we evolved the procedure for data privacy due diligence with new partners by optimizing processes to minimize risks.
Board of Directors
AS 31ST DECEMBER, 2024
Carlos Gallardo Piqué
Chairman, Executive Director and Chief Executive Officer
MEMBER SINCE 2014
Karin Louise Dorrepaal
Independent Director
MEMBER SINCE 2013
Seth J. Orlow
Independent Director
MEMBER SINCE 2019
Enrique de Leyva Pérez
Vice-Chair and Lead Independent Director
MEMBER SINCE 2019
Alexandra B. Kimball
Independent Director
MEMBER SINCE 2020
Eva-Lotta Allan
Independent Director
MEMBER SINCE 2020
Ugo Di Francesco
Independent Director
MEMBER SINCE 2024
Eva Abans Iglesias
Independent Director
MEMBER SINCE 2024
Ruud Dobber
Independent Director
MEMBER SINCE 2021
Antonio Gallardo Torrededia
Proprietary Director
MEMBER SINCE 2014
Daniel Ripley Soria
Company Secretary (non-member)
Isabel Cristina Gomes
Company Vice-Secretary (non-member)
Board of Directors
AS 31ST DECEMBER, 2024
Board Comissions
AS 31st DECEMBER, 2024
Audit Commission
Eva Abans
CHAIRMAN
Enrique de Leyva
MEMBER
Dr. Karin Louise Dorrepaal
MEMBER
Antonio Gallardo Torrededía
MEMBER
Daniel Ripley Soria
SECRETARY
(non-member)
Nominations and Remuneration Commission
Eva-Lotta Alllan
CHAIRMAN
Dr. Ruud Dobber
MEMBER
Ugo di Franceco
MEMBER
Daniel Ripley Soria
SECRETARY
(non-member)
Nominations and Dermatology Commission
Seth J. Orlow
CHAIRMAN
Alexandra B. Kimball
MEMBER
Carlos Gallardo Piqué
MEMBER
Mercedes Diz López
SECRETARY
(non-member)
Nominations and Governance Commission
Enrique de Leyva Pérez
CHAIRMAN
Eva-Lotta Alllan
MEMBER
Dr. Ruud Dobber
MEMBER
Daniel Ripley Soria
SECRETARY
(non-member)
Management Board
AS 31ST DECEMBER, 2024
Carlos Gallardo Piqué
President & Chief Executive Officer
Eloi Crespo Cervera
Chief Industrial Operations Officer
Esteve Conesa Panicot
Chief People & Culture Officer
Karl Ziegelbauer
Chief Scientific Officer
Mike McClellan
Chief Financial Officer
Volker Koscielny
Chief Medical Officer
Paolo Cionini
Chief Commercial Officer Europe & International
Mercedes Diz
Chief Marketing Officer
Isabel Cristina Gomes
Chief Legal Officer & General Counsel
Paul Rittman
President and General Manager of Almirall US
Management Board
AS 31ST DECEMBER, 2024
