Brief: Iberpapel Gestion Says Martin Chavarri To Be Appointed As Non-Executive Chairman

Iberpapel Gestion SA

01/03/2024 08:08

March 1 (Reuters) - Iberpapel Gestion SA  IBG.MC :
    * AGREES TO APPROVE THE SUCCESSION PLAN OF THE CHAIRMAN OF
THE
BOARD OF DIRECTORS
    * MARTÍN GONZÁLEZ DE VALLE CHÁVARRI TO BE APPOINTED
NON-EXECUTIVE
CHAIRMAN WITH EFFECT FROM 30 SEPTEMBER
    * EFFECTIVE SEPT 30, MR IÑIGO ECHEVARRÍA CANALES IS EXPECTED
TO
RESIGN FOR PERSONAL REASONS FROM HIS POSITION AS EXECUTIVE
CHAIRMAN OF COMPANY AND OF ITS BOARD OF DIRECTORS, AS WELL AS
FROM HIS POSITION AS DIRECTOR
    * UNTIL SEPTEMBER 30, WHEN THE NOW APPROVED SUCCESSION PLAN
BECOMES EFFECTIVE, INIGO ECHEVARRIA CANALES WILL CONTINUE TO BE
EXECUTIVE CHAIRMAN
    * INIGO ECHEVARRIA CANALES TO BE APPOINTED AS HONORARY
CHAIRMAN ON
SEPT 30

Source text for Eikon:  ID:nCNM4l8VY9 
Further company coverage:  IBG.MC 

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