Jesús Sainz - Chairman
Jesús has a very broad exposure to the management of businesses across different sectors and stages of development. His chair- and board-level involvement ranges from leisure, through high-technology, exhibitions to automotive industries. This long experience of management and venture development is invaluable for the development of both our portfolio companies and Adara.
Promomadrid
Since July 2007 Jesús serves as Chairman of PROMOMADRID, a company established by the Madrid Regional Government, together with the Chamber of Commerce, Caja Madrid and the Madrid Employers Association, to promote the Madrid Region internationally, attracting foreign direct investments and fostering exports.
Warner Bros. Park in Madrid
Jesús’ previous experience in the leisure industry helped him complete a turn-around at the Parque Temático de Madrid SA. This Warner Bros. theme park opened outside of Madrid in 2002 and was reporting significant losses on its initial investment of €385m. Jesús was appointed by the shareholders in 2004. He achieved a settlement agreement with the existing US operator; then took control of the company with his own team. Subsequent improvements in operations, marketing and administration, combined with a €215m debt restructuring, allowed the shareholders to liquidate the majority of their holdings in 2007 in a €300m plus transaction. Jesús then resigned as Chairman, but maintains his board seat representing the new owners.
Ogden
Jesús was CEO (Executive VP for Europe/LatAm) and main board member at Ogden Corp, NY from 1994 to 2002. He managed the major divestments of Ogden entertainment and aviation when both divisions were liquidated. In an buy-out he acquired CGS from Ogden and managed a subsequent re-sale.
Also
He has collaborated as with Kissinger Associates on several US-Spanish assignments. He has served on corporate boards, such as EDS, Spain and Renault V.I. He has worked in project development; Seville 1992 World Fair, Isla Mágica theme park in Seville, Montecastillo Golf and Hotel Complex in Jerez, Ogden Rural in Buenos Aires.
Jesús is the Vice Chairman of NYU-based King Juan Carlos I Foundation and of the Icade Businessmen Club. He holds law and business degrees from Icade (1966) and since 1969 he is a member of the State Body of Economists. He used to play football and tennis, in addition to being a keen skier and sailor, but these days is more of a passionate golf player. Jesús enjoys traveling and sharing his spare time with his five daughters and ten grandchildren.