After the Government took control of Indra last Thursday after appointing Jokin Aperribay as a proprietary director and promoting several dismissals, the company's independent director Silvia Iranzo has "irrevocably" resigned from her position on the Board of Directors of the technology company . In her resignation letter, Iranzo states that her decision is motivated by her disagreement with the dismissal and non-reelection of five independent directors.
"In his opinion", this situation means "lowering the company's corporate governance standard to the detriment of the majority of shareholders not represented on the Board", as reported by Indra to the National Securities Market Commission (CNMV). The company's Board of Directors will meet this Monday to start the process of selecting new members and members of its commissions.
Coinciding with the latest dismissals in the yes of the company, Indra's shares plummeted 14% on Friday -to 8.63 euros-. However, this Monday they are trading higher again (3%). The new changes in the technology company reinforce the power of the State Society of Industrial Participations (SEPI), who will soon appoint the third Sunday that corresponds to it by controlling more than 25% of the capital.
With the last meeting, which included more than 75% of the group's shareholders, the governance crisis between SEPI and part of the independents that was unleashed with the replacement last year of Fernando Abril Martorell and the appointment of Marc Murtra as the new president.
Specifically, the shareholders' meeting approved the dismissal of four of the thirteen directors of the technology company at the proposal of the Amber fund -Alberto Terol, Carmen Aquerreta, Ana de Pro and Enrique de Leyva- justifying their request that the company needs greater stability and a "broader restructuring" on his council. Likewise, the reelection of Isabel Torremocha, also an independent, did not go ahead, leaving the newly appointed Francisco Javier García Sanz and Silvia Iranzo as the only independents.
