Post by account_disabled on Mar 11, 2024 6:58:32 GMT
CaixaBank is holding its ordinary general meeting of shareholders this Friday in Valencia, the first after its merger with Bankia, which will be marked by the negotiation of the ERE with the unions and the controversy over the salary of the entity's new president, José Ignacio Goirigolzarri. The meeting will take place at the Valencia Conference Center starting at 11:00 a.m., although CaixaBank has recommended remote participation to shareholders due to the coronavirus pandemic. The meeting arrives in the midst of negotiating the employment regulation file for 8,300 employees that the bank has presented after its merger with Bankia.
The unions will take advantage of the event to ask both the La Caixa Banking Foundation, which controls 30% of the new CaixaBank, and the State, which through the FROB holds 16% of the capital, to openly oppose this staff adjustment which they see as "wild and unjustified." Goirigolzarri, from collecting 500,000 euros to 1.67 million One of the points that will be put to a vote tomorrow at the board is the Belgium Mobile Number List approval of the modification of the directors' remuneration policy, which would allow José Ignacio Goirigolzarri to receive a fixed annual remuneration of 1.65 million euros, triple than he had as president of Bankia. To this figure you can add a variable remuneration of up to 200,000 euros if you meet objectives and you will have a long-term incentive, also of a variable nature and materialized in shares of the entity during different years starting in 2025, which you will only receive if they are met.
The goals set by the entity. As president of the nationalized Bankia, Goirigolzarri earned 500,000 euros in 2020 and gave up the variable part of his salary. The new text does not incorporate significant changes in the remuneration of the CEO, Gonzalo Gortázar , who will receive a fixed cash salary of 2.26 million euros, nor in that of the rest of the directors. The approval of the new council remunerations comes preceded by controversy, after the Minister of Economic Affairs and second vice president of the Government, Nadia Calviño, openly showed her "concern" about the high salaries of banking executives and described them as "unacceptable." the high salaries and bonuses paid to managers. The unions have also asked the Foundation and the FROB to vote against this proposal.
The unions will take advantage of the event to ask both the La Caixa Banking Foundation, which controls 30% of the new CaixaBank, and the State, which through the FROB holds 16% of the capital, to openly oppose this staff adjustment which they see as "wild and unjustified." Goirigolzarri, from collecting 500,000 euros to 1.67 million One of the points that will be put to a vote tomorrow at the board is the Belgium Mobile Number List approval of the modification of the directors' remuneration policy, which would allow José Ignacio Goirigolzarri to receive a fixed annual remuneration of 1.65 million euros, triple than he had as president of Bankia. To this figure you can add a variable remuneration of up to 200,000 euros if you meet objectives and you will have a long-term incentive, also of a variable nature and materialized in shares of the entity during different years starting in 2025, which you will only receive if they are met.
The goals set by the entity. As president of the nationalized Bankia, Goirigolzarri earned 500,000 euros in 2020 and gave up the variable part of his salary. The new text does not incorporate significant changes in the remuneration of the CEO, Gonzalo Gortázar , who will receive a fixed cash salary of 2.26 million euros, nor in that of the rest of the directors. The approval of the new council remunerations comes preceded by controversy, after the Minister of Economic Affairs and second vice president of the Government, Nadia Calviño, openly showed her "concern" about the high salaries of banking executives and described them as "unacceptable." the high salaries and bonuses paid to managers. The unions have also asked the Foundation and the FROB to vote against this proposal.