The former president of Congress Meritxell Batet will be part of the board of Sateliot | Companies | EUROtoday

The board of administrators of the satellite tv for pc telecommunications operator Sateliot, majority owned by the State, will suggest the appointment as impartial director of Meritxell Batet, who was minister of the PSOE and president of the Congress of Deputies within the earlier legislature. Batet maintains an energetic hyperlink with politics, since she has been president of the National Council of the PSC since March 2024. Her incorporation to Sateliot can be voted on at a normal assembly of shareholders scheduled for the final week of the 12 months.

The State is the most important shareholder of the start-upwith 18.7% of the capital, via the Spanish Society for Technological Transformation (SETT), which has 16.3%, and Sepides, which holds the opposite 2.4%. In the corporate’s final financing spherical held in March, SETT invested 13.8 million euros. Despite her connections with the Government, Batet will be part of the board of the Catalan agency as an impartial, non-proprietary director.

Batet’s presence on the board of administrators will contribute, as the corporate highlighted in an announcement, to “strengthening the principles of transparency, institutional rigor and independence in decision-making.”

The politician was Minister of Territorial Policy and Public Function between 2018 and 2019 7 and president of Congress between 2019 and 2023. Graduated in Law from the Pompeu Fabra University, the place she was a professor of Constitutional Law, since final April she has additionally held a seat as an impartial member on the board of administrators of Ebro Foods, an organization additionally owned by the State, and a physique wherein she took over from the present president of Telefónica, Marc Murtra, a director who additionally has hyperlinks with the PSC, on condition that he served as chief of employees of the previous Minister of Industry between 2006 and 2008, Joan Clos.

In this manner, Batet will mix his work on the boards of Ebro Foods and Sateliot with the presidency of the National Council of the PSC, which is the very best decision-making physique of the social gathering between congresses, defines the principle strains of political motion between every congress and controls the motion of the social gathering’s government fee.

Government “Observer”

On the opposite hand, the Government has appointed the director of Business Development of the SETT – referred to as SEPI Digital-, José María García Orois, as an observer within the decision-making physique of the satellite tv for pc providers firm. Orois is a telecommunications engineer from the University of the Basque Country and has a grasp’s diploma in enterprise administration from the EAE Business School. Throughout his profession he has been an advisor on the Ministry for Digital Transformation and Public Service, in corporations corresponding to Adif and likewise for the Basque public administration.

Currently, the State leads the core of shareholders of the start-upwhich additionally has the participation of Indra (4.81%), the place the State owns 28% of its capital via SEPI; Cellnex (1.6%); and funds corresponding to Global Portfolio Investments (11.7%) and Hyperion (11.7%), the latter co-founded by former PP chief Pablo Casado. Together, this group of consultant shareholders holds nearly 49% of the capital.

In this manner, Sateliot’s board of administrators could have a complete of 11 members, of which three are government members, one other 4 are impartial members and the identical quantity are proprietary, to whom a brand new observer is now additionally added on the proposal of the Government.

As for the executives, they’re the CEO of Sateliot, Jaume Sanpera, the corporate’s Technology Director, Marco Guadalapi, and the corporate’s CEO, Carlos Riopedre, whereas the group of independents is accomplished, along with Batet, by the previous deputy CEO of Cellnex Álex Mestre, the senior advisor of Bestinver David Cortacans and the president of the Ros Roca group, Ramón Roca.

The proprietary administrators are Jordi Bossom representing Cellnex; Fernando García-Peñalver on behalf of Indra; Joaquín Ortiz on behalf of Hyperion and Javier Moncayo on behalf of the preliminary shareholders of the corporate.