Viscofan S A : is moving forwards a non-executive presidency model
March 15, 2023 at 04:50 am EDT
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The Board of Directors of the Company has agreed to implement, at the proposal of the Appointments, Remuneration and Sustainability Committee, a change of model from executive to non-executive chairmanship, which includes the appointment as First Executive to the CEO.
With the aim of carrying out an orderly transition of the governance model, the Board of Directors has proposed to the Ordinary General Shareholders' Meeting -scheduled for 26th and 27th april 2023, on first and second call respectively-, the re-election of Mr. José Domingo de Ampuero y Osma as executive director of the Company for the statutory term of 4 years. Expected on January 1st, 2024, Mr. Ampuero will cease his executive functions, continuing his term as non-executive Chairman of the Board of Directors and Mr. José Antonio Canales García will become First Executive, increasing his responsibilities as Viscofan CEO.
The necessary resolutions will be made prior to the mandatory reports provided by the Capital Companies Law and internal regulations, the dates indicated being merely tentative, subject to the concurrent circumstances and the final decision of the Board of Directors.
Viscofan SA published this content on 15 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2023 08:49:14 UTC.
Viscofan SA is a Spain-based company engaged in the packaging industry, mainly for meat products. The Company focuses on the manufacture and distribution of artificial castings, as well as plastic films that are used for separation of sliced food. Its products range includes cellulose, collagen, fibrous and plastic castings. In addition, it designs and produces packing machinery, as well as provides related spare parts. The Company also sells electric power, which is produced by cogeneration systems. The Company operates manufacturing plants and sales offices in Spain, Serbia, Czech Republic, Germany, Brazil, Mexico, Uruguay, China and the United States, among others. It controls a number of subsidiaries, such as Nanopack, Technology and Packaging SL, Naturin Viscofan GmbH and Viscofan Centroamerica Comercial SA.
VISCOFAN, S.A. 
