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Full powers at in February 2018, replacing president Isidro and CEO Rafael in one fell swoop. After five years as executive president, shareholders have agreed to promote the appointment of a CEO, an issue that will most likely be discussed at the board of directors meeting next Tuesday. Ignacio Gutiérrez- director of Citi, has all the ballots for the new position. He brings a marked financial profile, . In fact, sources in the sector highlight that it was Reynés himself who proposed his name because the two maintain very good relations. The Citi executive is an old acquaintance of both Reynés and the president of Criteria, Isidro Fainé, since he has participated in various corporate and acquisition operations of both nd . The favorable position of Criteria, the investment arm of La Caixa, has now been key to getting the search for a CEO on track, as the shareholders' funds had been requesting.
Sector sources, want to incorporate a markedly financial profile into management, either by reviving the Gemini project of asset segregation or looking for a similar alternative. “What they are looking for is the so-called Job Function Email Database optionality,” say knowledgeable sources. That is, the possibility of entering or leaving certain group businesses, something that is not possible now. Yes, it would be if Geminis had been carried out, the division of the group into two companies, one with regulated businesses, stable but with lower profitability, and another with liberalized ones, with more risk but greater opportunity for profit. Gemini was announced in February 2022, just days after the outbreak of war in Ukraine that led to an energy crisis.
Instability in financial markets. Faced with this situation, the Government, particularly the Minister of Ecological Transition, Teresa Ribera, opposed segregation, understanding that Naturgy is a "systemic" company for the country's energy security. Now, with calm markets and the expectation of a change in government, the project's possibilities have been revitalized. Criteria is not opposed to the request for funds for a CEO and that has allowed the debate to be unblocked. The investment holding company La Caixa is the largest shareholder in Naturgy, ahead of the GIP funds (20.6%), CVC (20.7%) and IFM (14%). Reynés will retain executive functions and will have a "number two", according to the new proposal The biggest avalanche comes from GIP, according to industry sources. He joined in 2017 and, as he declared then, he wanted to stay for ten years.
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發表於 14:01:16