Grupo Celsa’s creditor to appoint funds Rafael Villaseca instead, he was appointed as the Chairman of the Board of the company. Francesc Rubiraltaas reported in a statement released this Tuesday.
After the restructuring plan submitted by Grupo Celsa’s creditors was approved by the court, the company former CEO Gas Natural Fenosa is expected to pilot the new phase of Celsa.
With this appointment, “funds to a recognized figure and consensus reached with management” They have adhered to their commitment to place the company in the hands of senior independent executives with extensive professional experience, which they disclosed in their restructuring plans.
Villaseca, engineer Polytechnic University of Catalonia (UPC) and for MBA IESEHe served as CEO of Gas Natural Fenosa for thirteen years from 2005 to 2018 and is the current President of the Naturgy Foundation (formerly Gas Natural Fenosa).
He is also the director of Cementos Molins and VidaCaixa and Foment del Treball Nacional Advisory Council.
Villaseca named CEO of the year Platts Global Energy Awards 2010, The most important awards of the energy industry worldwide.
His career also includes director and general manager positions of Enagás. Panrico Group, CEO of Nueva Montaña Quijano, Head of Infrastructure Management, President of the INISEL Group (today’s INDRA Group), President of the Spanish Energy Club and Member of the Board of the Círculo de Economía.
It is expected that new executives of Celsa will be added to the appointment.Recognition by creditors of the strategic structure of the steel company and its importance for the Spanish economy”As well as its commitment to the goal of guaranteeing the financial stability of the company, the continuation of employment and operations in Spain and its international projection.