Spanish drug maker Grifols, battling a plunge in its share price this year, plans to add independent directors to its audit and compensation committees to...
Logo of the Spanish pharmaceuticals company Grifols is pictured on their facilities in Parets del Valles
In a joint interview with CEO Nacho Abia in the Barcelona-based La Vanguardia newspaper - their first since the start of the crisis - chairman Thomas Glanzmann said appointing independent directors to the audit and compensation committees would allow the company to "continue to improve is governance".
"The number of institutional investors that have contacted us to participate has been extraordinary and says a lot about the market's confidence in the future of the company, in our growth and our ability to repay the debt,” he said. In its January report, Gotham City said that both Grifols and Scranton fully consolidate Haema and BPC Plasma in their accounts. Grifols has said it is required to do so because it holds a call option.Photo Illustration by Erin O'Flynn/The Daily Beast/Getty Images and Truth SocialDonald Trump’s acolytes gathered at Mar-a-Lago on Wednesday evening to celebrate the public listing of his social media firm, even as the company’s stock continued to crater.
Independent Directors Compensation Committees Nacho Abia Thomas Glanzmann
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