Obrascón Huarte Lain, S.A. Announces Directorship Changes
June 15, 2020 at 12:49 pm EDT
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Obrascón Huarte Lain, S.A. announced that Mr. Juan Villar-Mir de Fuentes, Chairman of the Board of Directors of OHL has resigned from his position of non-executive Chairman of the Board of Directors of the Company. Moreover, Ms. Silvia Villar-Mir de Fuentes has also resigned as First Vice-president of the Board of Directors of the Company. The Board of Directors has acknowledged the members of the family Villar-Mir the work performed in the exercise of their relevant positions. After the abovementioned resignations following the supporting report of the Appointments and Remunerations Commission, has agreed: To appoint Mr. Luis Fernando Martín Amodio Herrera as non-executive Chairman of the Board of Directors; and to appoint Mr. Juan Villar-Mir de Fuentes as non-executive First Vice-president of the Board of Directors.
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.
OBRASCÓN HUARTE LAIN, S.A. 
