Recordati Group Proposes Dividend, Payable from 20 May 2020; Announces Board Changes
The Company on 18 March 2020, received notice of the resignation of Mr. Flemming Ørnskov as Chairman and member of the Company's Board of Directors as well as that of Mr. Søren Vestergaard-Poulsen and Mr. Francisco Javier de Jaime Guijarro as members of the Board of Directors, effective as from the next Shareholders' Meeting, due to increased professional commitments. In light of the resignation of Mr. Flemming Ørnskov, the Board of Directors intends to appoint, as soon as Mr. Ørnskov's resignation becomes effective, Mr. Alfredo Altavilla as new Chairman of the Board of Directors.