Indra Sistemas : New governance with a non-executive chairman and two CEOs… not that bad an option
>The board of directors ratifies the change of chairman… - Indra issued a press release during trading yesterday announcing that its board of directors had unanimously approved the change of chairman. This change in governance was carried out at the request of the Spanish strategic investment fund (SEPI), which owns 19% of the capital, mainly for political reasons as far as we can see. As we understand it, the board of directors initially had mixed feelings but in the...Indra Sistemas is engaged in the design, development, manufacture, assembly, repair, and installation of computer software and applications. Through its subsidiaries, Co. is engaged in consulting, graphic design and multimedia, web design and marketing, internet development and electronic trade, systems integration and hosting geared business to business and business to consumer, as well as in internet financing and electronic marketing. Co. serves defense and security, transport and traffic, energy and industry, telecom and media, finance and insurance, and public administration and healthcare markets. Co. operates primarily in Europe, the United States, Canada, and Latin America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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