Bertrand Kanhe was dismissed as president a few days ago and replaced Anne Bouverot; And Leonard Peter Beach submitted their resignation with immediate effect. independent directors related to Cellnex due to “irreconcilable differences” with the company’s board of directors “regarding the management, direction and succession process” within the company.
After resigning as president after two years in office, Kan decided to retain his status as an independent administrator. However, he submitted his resignation with immediate effect from this Tuesday, as did Peter Shore, according to a correspondence sent by Cellnex to the National Securities Market Commission (CNMV).
Taking advantage of the fact that a few weeks ago, the capital in Cellnex exceeded 9%, British investor Chris Hohn (TCI) sent a letter to the company’s board demanding the dismissal of the body’s chairman, Bertrand Kan and two of its members, to expedite the selection of a CEO to eventually replace Tobías Martínez. June
The other two directors, who were asked to leave by Cellnex’s largest shareholder Hohn, were Peter Shore and registered director Alexandra Reich, at the suggestion of the GIC. However, TKİ was not satisfied with Kan’s resignation from the presidency and demanded that he be removed from the board of directors as well.
Bertrand Kan and Peter Shore have served on Cellnex’s board of directors since the company went public in May 2015. At this stage, Cellnex has grown to become Europe’s leading telecommunication towers and infrastructure operator, the company said in a statement.