Cristina Álvarez Appointed New President of El Corte Inglés

The Board of Directors of El Corte Inglés, the renowned Spanish department store chain, has appointed Cristina Álvarez as the new president of the group. This decision came on Wednesday following a proposal from her sister, Marta Álvarez, who has held the position until now. The transition is scheduled to take place on January 15, 2026, signifying a period of orderly, stable continuity for the company. Marta Álvarez, after serving six years in her role, voluntarily steps down to pave the way for her sister. However, she will remain an integral part of the organization as a member of the board and the Monitoring Committee, where she will concentrate on the strategic direction of Private Labels, Fashion, and Home. This leadership change marks a significant moment for El Corte Inglés, as the company continues to navigate the evolving retail landscape in Spain and beyond. Related Sources: • Source 1 • Source 2