Salon C-1: the room where the board approves the budget, signs the minutes and carries the kit to dinner with the regulator
Salon C-1 sits on the 38th floor of a corporate tower in the Polanco-Lomas corridor of Mexico City: 14 leather high-back seats with individual electronic voting pads, a six-metre mahogany table with flush-mounted microphones, a five-metre LED screen with simultaneous projection, a lectern for the board chair, an annexed room for the independent director who needs a private call, a hidden kitchen with discreet table service, and an anteroom where the merch waits in a sealed chamber until the recess. This is where, four times a year, the boards of directors of BMV-listed groups gather, where the boards of IMMEX subsidiaries with US parents meet, where the boards of SOFOM entities reporting to the CNBV convene, where the boards of family-owned companies in governance transition hold their sessions, and where private investment vehicles based in CDMX run their committee meetings. What separates Salon C-1 from the panoramic boardroom is the ritual of the meeting itself: the director kit has to enter before coffee, exit signed for by each member at close of session, and let the corporate secretary archive the minutes without the merch pulling anyone's attention away from the agenda.