Siav S.p.A. Announces New Board of Directors Candidates

The latest announcement is out from Siav S.p.A. ( (IT:SIAV) ).

Siav S.p.A. has announced the list of candidates for its Board of Directors ahead of the Ordinary Shareholders’ Meeting scheduled for late April 2025. Taco Holding S.r.l., which holds a majority stake in Siav, has proposed a six-member board, including two independent directors, with Alfieri Voltan nominated as Chairman. The board’s term is set for three years, with a maximum annual compensation of €610,000 for directors. This announcement is significant as it underscores the company’s governance structure and strategic direction, potentially impacting its market positioning and stakeholder confidence.

More about Siav S.p.A.

Siav S.p.A. Benefit Corporation, founded in 1989 and headquartered in Rubano, Italy, is a leader in the Enterprise Content Management (ECM) and Business Process Outsourcing (BPO) sector. The company, which became a Benefit Corporation in 2021, operates primarily in the Italian market with additional operations in Switzerland and Romania. Siav offers proprietary software for document management, vertical solutions, and professional outsourcing services, catering to over 4,000 clients, including both private entities and public administrations. As of 2024, the company reported sales and service revenues of €33.3 million and an EBITDA of €6.3 million.

YTD Price Performance: -17.14%

Average Trading Volume: 8,193

Technical Sentiment Signal: Buy

Current Market Cap: €15.58M

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