March 6, 2021

The CEOE doubles its vice-presidencies and increases its partners' quotas by 1.2%

The Assembly of the CEOE has approved this Thursday to double the number of vice-presidencies, up to 10, with the aim of balancing the presence of women with men in the positions of responsibility, while it has given the go-ahead to a rise in the quotas that the partners pay 1.2%.

During the assembly of the confederation, the businessmen have given their approval to a series of statutory changes that also allow an increase in the number of members of the executive committee, up to 55 (not including presidents and vice presidents), and those of the board of directors, up to 255.

The modifications of the employers' statutes will also allow the proclamation of the president by acclamation – without a vote – when there is only one candidature and the unification of the way in which the vice presidents are elected.

The assembly of the CEOE has also approved an increase of 1.2% of the fee paid by its full partners, which had been frozen for a decade, and that this year will amount to 9,515 euros per vowel per year.

In this way, revenues from the organizations' quotas will grow by 4%, to 6.2 million euros, which will be added to the 5.1 million euros directly contributed by the companies (5% more), as well as One million euros more from other income.

This increase in quotas is included in the budgets for 2019 that the CEOE will submit to the approval of its General Assembly next Thursday, July 4 and that it expects revenues of 14.5 million, once the co-financed projects have also been added.

The organization foresees a net profit of 147,000 euros in 2019, above the 122,000 achieved in 2018.

This is also reflected in the annual accounts of 2018, when it returned to profits, after having entered losses in 2017, with 741,000 euros, for the provisions of 12.9 million euros that it had to make to return part of the subsidies for training of 2011.

Revenues reached 10.9 million euros in 2018, 2.1% more than in 2017, while personnel expenses increased from 6.5 million to 7.3 million, according to the balance audited by Deloitte, which ensures that the accounts are adjusted to reality, although with reservations regarding the calculation of real estate as the organization's assets.

(tagsToTranslate) CEOE (t) duplicates (t) vice-presidencies (t) quotas (t) partners

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