The extraordinary meeting will serve to appoint the new directors after the stampede and the forced replacement of several members of its board
Indra is in the early stages of the session leading the Ibex 35 with gains of more than 5% after announcing that the appointment of the new independent directors will be formalized at an extraordinary shareholders’ meeting last Thursday. Technology titles are currently raking in 5%, to EUR 9.39, an advance that comes on top of the previous session’s 4.2%.
In addition to announcing this measure, the company has also contracted specialist firm Korn Ferry to recruit these independent directors, taking into account gender equality criteria.
Similarly, the technology company has also ensured that the board of directors is composed of at least 50% independents and without a quality vote of the president, and that, according to the criteria of good governance, it will strengthen the board structure with a non -executive chairman and a CEO.
Indra’s board of directors agreed on Wednesday that the newly selected independent directors will be subject to the approval of an extraordinary shareholders’ meeting to reaffirm their commitment to good corporate governance.
This decision is in line with that of the council made up of 14 members, seven of which will be independent, who will also be ratified at the meeting, and that of suppressing the president’s quality vote, as notified to the Commission on Wednesday. National Stock Market.
Likewise, “the separation between the roles of the non-executive president and the chief executive of the company (CEO) will be consolidated and the relevance of the coordinating independent director will be promoted, as established by the most demanding standards of corporate governance,” according to a statement from defense and technology company.
The process of selecting new members will be advised by Korn Ferry, who will be responsible for the search for candidates led by the two independents who will remain on the board, Ignacio Martín and Francisco Javier García Sanz.
The search for candidates will also be conducted on the basis of gender criteria to try to make the body as even as possible, after the latter leave temporarily a council composed entirely of men.
Indra must select a total of six independent directors, following the resignation of four members at the shareholders’ meeting, the non-renewal of a fifth and the resignation, when the process is over, of Martín.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
