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Press release

Bernardo Gutiérrez de la Roza appointed secretary of the Board of Directors of Duro Felguera

The agreement forms part of the Board's renovation process started by Duro Felguera in December 2018

Tuesday, 22 September 2020. The Board of Directors of Duro Felguera, a Spanish company specializing in the delivery of turnkey projects and the provision of specialized services in the energy, mining & handling and oil & gas sectors, has appointed Bernardo Gutiérrez de la Roza Pérez as secretary of the Board of Directors, replacing Secundino Felgueroso Fuentes. The Board of Directors' decision, which was approved yesterday, forms part of the renovation process started in December 2018.

Bernardo Gutiérrez de la Roza Pérez (Oviedo, 1965), who will also act as secretary of the Board's Committees, holds a degree in Law from the University of Oviedo. He also holds an Executive MBA from the Business Institute (IE in Spanish), where he currently teaches Bankruptcy Law and Family Business.

The new Secretary of the Board is a founding partner and CEO of the international law firm ONTIER and an advisor to the Association for Progress in Management (APD in Spanish). He has also been Secretary of the Board at the Asturian Federation of Entrepreneurs (FADE) and advisor to the US-Spain Chamber of Commerce.

Bernardo Gutiérrez de la Roza is a specialist in corporate and commercial consulting and restructuring. He has been acknowledged as a leading lawyer in the areas of insolvency and corporate restructuring by the most prestigious legal and international directories, including the British directory Chambers Global and Chambers Europe 2015. He also boasts in-depth knowledge of the energy sector, especially in the field of renewable energies, and family businesses.

The Board expressed "unanimous" gratitude to Felgueroso "for his contribution and dedication to the company over so many years".

The former secretary thanked the Board for the treatment received and encouraged members to "continue with their efforts as there are lines of work that point toward success". In Felgueroso's words, "the Company now faces a major challenge that requires a common effort from all of you who form part of Duro Felguera, to achieve a goal that provides stability, and at the same time positions Duro Felguera once again as a flagship company, and this involves working together. Times of change, defined by the crisis in the traditional markets where the Company operates and the impact of the pandemic that we are still suffering, lead to the need to innovate, and above all, to work in a common direction, shunning critical positions which provide no solutions but only harm the common interest, and especially those criticisms which, in an exercise of cowardice, are disseminated through anonymous media with the sole purpose of creating uncertainty and discouragement".

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