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Pérez-Mas challenges Inveready and rejects the vice presidency of Parlem

The founder of the operator is giving up the appointment under the proposed economic conditions after being ousted from the presidency with the debt swap of the manager Inveready, which has acquired almost 50% of the company.

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Pérez-Mas challenges Inveready and rejects the vice presidency of Parlem

Ernest Pérez-Mas, founder of Parlem, has declined the role of non-executive vice president offered to him by Inveready, a fund that has acquired nearly 50% of the company. This decision comes after Inveready took control of Parlem through a debt swap, leading to Pérez-Mas being removed as executive president. Pérez-Mas had proposed different terms for the role, which Inveready rejected.

He will remain on the board as a regular director, but without special powers or notarized faculties. Silvia Martínez was appointed as the new president of Parlem on August 31.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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