WCD Spain Chapter
Event Topic: New Stakeholders
Date: April 27, 2016
Details of the Event and Guest Speakers: How to understand what their concerns are and how to build their proposals, the proxy advisors, proxy solicitors and shareholder activists. How the Board should manage its relationship with these new partners of increasing importance. Round Table: Jose Luis Blasco KPMG Partner, Shareholder representative in Boards, Proxy Advisory and Proxy Solicitors, General Counsel of IBEX35 Company, representative of the Spanish association of investor relations.
Summary of the Event:
The last Wednesday 27th April at the Palace Hotel in Madrid was held the second breakfast in the 2016 of the Spanish Chapter with the support of KPMG Spain and Spencer Stuart where was discussed about the new Stakeholders, and how the Board Directors should handle the relationship with this new actors.
First, María José Aguiló, KPMG Partner and WCD coChair talk about the activities of WCD Spain in this 2016 and underline the importance to be part of WCD Spain in the Spanish context (the Spanish Companies Board have started to contact us to offer free position in boards.)
After, took place the round table with Laura Bravo, Secretary of the Board Técnicas Reunidas), Borja Miranda, Director Sodali Spain, Domingo Torres Fernández, Head of Business Development Iberia & Latam de Lazard Frères Gestion, Noelle Cagijas, Partner of Corporate Finance-Capital Markets in KPMG and Jose Luis Blasco, Head of Governance, Risk and Compliance en KPMG España, like moderator.
A selected group of over 25 people from IBEX35’ Board Directors (public companies) and Family Group Directors assisted to the breakfast. Among the attendees were different General Secretaries like Mª José García Beato, (Bancsabadell), Concepción Ordiz, (SEPI) and Elena Otero-Novas, (Sacyr)
The closing was made by Francisco Gasset - Partner of Spencer Stuart Spain - thanking all the attendees and underlining the important opportunities that the current environment is bringing for WCD members to join a Board.