Obrascon Huarte Lain SA Announces Board Appointment
October 01, 2013 at 11:30 am
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The Company informed that the Board of Directors after a favourable report by the Appointments and Remuneration Committee has agreed to accept the resignation of Mr. Francisco Marín Andrés as Member of the Board Directors. Mr. Marín will continue to act as Chairman General Manager of the OHL Construction Division. In order to fill the vacancy caused by resignation, appoint as member of the Board by co-option Mr. Josep Piqué Camps.
In addition, the Board of Directors agreed to appoint Mr. Josep Piqué Camps as Second Vice-chairman of the Board of Directors and CEO, with the delegation of all powers legally and statutorily delegable by the Board. Mr. Pique, who will report directly to the Chairman of the Board of Directors, will be responsible for all construction activities (Construction Division, Industrial Division, and Services Division) and of all Corporate Areas of the OHL Group.
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. 
