Garamendi awaits the unanimous endorsement of the CEOE leadership to abolish the term limit

2023-06-21 07:43:07

The board of directors of CEOE It is scheduled to meet this Wednesday morning, around 11 a.m., to address, among other things, the suppression of the current term limit that a president of the entity can chain. Antonio Garamendi, the current top leader and that in 2026 will complete his second period at the helm of the great Spanish employers’ association, he is confident of obtaining the endorsement unanimous of its dome to process said modification of the internal regulations.

Different sources consulted from the entity point out that there will be no opposition between the summoned employers and that they will all foreseeably give the green light for the stoppage to go ahead and only remain pending its formal ratification in the general assembly that the business entity holds every year and that is scheduled for this coming July 19.

Garamendi addresses at the start of his second term the modification of the statutes that open the door for him to repeat for the third time at the head of the Spanish employers’ association. And he will prolong, if he so decides and receives the necessary endorsements, a professional career devoted to business representation for 35 years.

First, to your 29 yearsas founder of the Association of Young Entrepreneurs of the Empty Country, to later jump to lead the business youth of all Spain and later promote with the ‘elderly’ and be elected president of cepymethe employer of small and medium-sized Spanish companies.

Since said presidency, in 2014, he voted in favor of the modification of the internal regime that limits the mandates of the president of CEOE to a maximum of two. His impulsor was Catalan Juan Rosellthat in order to improve the reputation of the business entity -touched by its predecessor, Gerardo Diaz Ferransentenced to prison for misappropriation- promoted a new code of ethics and limited the maximum legislatures to which a president of CEOE could opt.

A limit in effect since 2014

Now Garamendi will prepare to repeal said cap, in line with the vast majority of Spanish business organizations, which do not contemplate such a limit. His supporters put more than 80% of those regional or sectoral employers that do not have a term limit. Promotion of Work, where Rosell came from and one of the organizations that have recently had their disagreements with Garamendi, does have a maximum of mandates. A total of two, something established in 2014 by Joaquim Gay de MontellàRosell’s successor at the head of the historic Catalan employers’ association.

Foment del Treball was the main employer that supported the only alternative candidacy to Garamendi in the past CEOE elections, held in November 2022. Elections in which the current president and then winner did not raise his desire to modify the statutes to open the door to more mandates, something that its detractors like to remember.

Despite the recent history of disagreements, knowledgeable sources explain that at the meeting of the internal regime commission held last Thursday, in which the mandates were already formally raised, the member of Foment present, Alfonso Vila RecolonsHe did not express any objection. Other sources consulted add, in the same line, that in the board of directors this Wednesday they do not expect anything other than the same unanimous vote in favor of the modification of the statutes.

Garamendi would thus close a thorny folder, at the expense of the final ‘ok’ that must be given by the entity’s general assembly, scheduled for July 19. The business leader addressed said conclave after previously reaching a salary agreement with the unions until 2025, according to which companies agree to raise salaries by at least 10%. And, in turn, weather the media storm that caused the leak that he had regularized his contractual situation, going from self-employed to salaried manager, with a payroll that would be around 400.000 euros gross per year