The board of directors of Grupo Dia has recruited Benjamin J. Babcock as director of foreign ownership. Babcock is the letter’s Managing Director of Corporate Finance. With a degree in East Asian Studies from the University of Toronto (Canada), a Master of Science from the London School of Economics and a Chartered Accountant, before joining LetterOne, he worked for a decade as a Managing Director for Morgan Stanley in London. He previously worked for Merrill Lynch and Lazard in London and Canada.
During his career, Babcock advised companies and investors on a number of recapitalization, refinancing, and M&A transactions in the energy, transportation, telecommunications, infrastructure, and manufacturing sectors in Europe and the Middle East.
The incorporation of Babcock to Grupo Dia’s Board of Directors took place after analyzing the needs of the experience and skills that the management company requires in the last period of the turnaround process and determining that his background provides valuable knowledge in corporate finance.
The call of the general partners of the witness
Grupo Dia will hold its General Meeting of Ordinary Shareholders on June 28, at 1:00 am, at the headquarters in Las Rozas. In the meeting, which will be broadcast to the public through its website and will be chaired by Stephan DuCharme, Chairman of the Board of Directors of Grupo Dia, accompanied by Martino Tolcachir, Global CEO of Grupo Dia, the company will provide approval. reports on its members’ annual accounts and management for the year 2012.