Obrascón Huarte Lain, S.A. Announces Directorate Changes
June 26, 2018 at 12:11 pm
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Obrascón Huarte Lain, S.A. announced the board of directors of company has accepted the resignation of Mr. Alvaro Villar-Mir de Fuentes with effect from this date. Moreover, the company informs that the board of directors the favourable report of the appointments and retributions commission has agreed to modify its composition and to appoint Ms. Reyes Calderón Cuadrado as Chairman (independent director). The composition of the Appointments and Retributions Commission is as follows: Chairman: Ms. Reyes Calderón Cuadrado (Independent director); Members: Mr. Juan Villar-Mir de Fuentes (shareholding director) and Mr. Juan Jose Nieto Bueso (Independent director).
Obrascon Huarte Lain SA (OHL) is a Spain-based company engaged in the construction and engineering sectors. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. It is controlled by Grupo Villar Mir SAU.