Banco Santander, S.A. announced that it approves the appointment of Glenn Hutchins as vice chair and lead independent director effective 1 October 2023. Mr. Hutchins succeeds Bruce Carnegie-Brown, who will retire from the board at the next Annual General Meeting in 2024 after more than nine years of service. Glenn Hutchins, who joined Santander?s board of directors in 2022 as a non-executive director (independent), will replace Bruce Carnegie-Brown, who will retire from the board in 2024 after more than nine years.

Mr. Hutchins will replace Mr. Carnegie-Brown as chair of the board remuneration committee effective on 1 October 2023, with Mr. Carnegie-Brown remaining as a member of that committee until the 2024 annual general meeting (AGM) to ensure an orderly transition. Mr. Carnegie.