Humberto Pedrosa’s representative leaves TAP – Aviation’s administration

Humberto Pedrosa’s representative leaves TAP – Aviation’s administration
Humberto Pedrosa’s representative leaves TAP – Aviation’s administration

TAP will lose a member of the board of directors, at a time of transition to the company. Member José Manuel Silva Rodrigues resigned with effect from January 2022, as informed by the airline to the Portuguese Securities Market Commission (CMVM).

“By letter sent on December 29, 2021 to the Chairman of the Board of Directors of TAP, Mr. José Manuel Silva Rodrigues presented the resignation of his position as member of the Board of Directors of TAP, which will take effect, pursuant to the law, at the end of January 2022, unless a substitute administrator is appointed or elected in the meantime”, the statement reads.

José Manuel Rodrigues was one of the three members of the current TAP board of directors who transferred from the previous management and had been appointed by the holding company of the private shareholder Humberto Pedrosa. The reason for leaving is not indicated, but it may be related to the recent injection of capital into TAP SA, which became 100% public, with the entrepreneur remaining only as private shareholder of TAP SGPS.

This leaves only Ramiro Sequeira from the previous administration, who served as interim CEO before being appointed Christine Ourmières-Widener and who returned to the functions of COO and member of the Board of Directors after the transition. Miguel Frasquilho had also been initially appointed, but has also left the company.

Source

Humberto Pedrosas representative leaves TAP Aviations administration

 
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