Duro Felguera signs Jordi Sevilla as director and changes its president

The company has accepted the resignation of Acacio Rodríguez and has appointed Rosa Isabel Aza.

Draft changes in the Board of Directors of Duro Felguera. The company has accepted the resignation of Acacio Rodriguez as president and has appointed La Gasta, now a director, to the position Rosa Isabel Aza Rabbit.

At the same time, Rough Felguera has announced the signing of Jordi Sevilla, until a few weeks ago president of Red Eléctrica and former minister of José Luis Rodríguez Zapateror, as an independent director of the entity. Seville joins Valerian Gomez, another former minister, who joined the council during this year 2020.

As explained Duro Felguera to the CNMV, Rodríguez García has communicated its decision once a transition period of almost two years has elapsed since the financial and corporate operations that sought to give a new impetus to the Company, and will continue as an independent director until the formulation of the financial statements for the 2019 financial year or at the latest until next May 30, 2020.

the independent adviser Jordi Sevilla will be a member of the Committee and a member of the Appointments and Remuneration Committee. Similarly, the new chairman of the Independent Director Appointments and Remuneration Committee will be Valerian Gomez.

ERTE underway

Rough Felguera presented this week a six-month Temporary Employment Regulation File (ERTE) to 672 of its workers, while it has decided to reduce the salary of the members of the management committee by 20%.

It’s about a ERTE for productive reasons, and not force majeure like most of the files approved during the coronavirus crisis, which will have a maximum duration of six months and will affect a total of 672 workers, with a maximum limit of 464 workers per month.

This suspension of employment will affect the companies Duro Felguera, DF Operaciones y Montajes, Mompresa, Felguera IHI and Duro Felguera Oil & Gas, thus excluding Duro Felguera Calderería Pesada, Epicom and FTI.

At the same time, the parties involved in this agreement have decided to reduce the salary by 20%. for the members of the management committee and the rest of the management group during the validity of this file.

It’s about a ERTE for productive reasons, and not force majeure like most of the files approved during the coronavirus crisis, which will have a maximum duration of six months and will affect a total of 672 workers, with a maximum limit of 464 workers per month.

This suspension of employment will affect the companies Duro Felguera, DF Operaciones y Montajes, Mompresa, Felguera IHI and Duro Felguera Oil & Gas, thus excluding Duro Felguera Calderería Pesada, Epicom and FTI.

At the same time, the parties involved in this agreement have decided to reduce the salary by 20%. for the members of the management committee and the rest of the management group during the validity of this file.