Prysmian S.p.A. Announces Executive Appointments; Approves Dividend for 2011 Payable from April 26, 2012
April 24, 2012 at 05:25 am EDT
Prysmian S.p.A. announced that the company has appointed Massimo Tononi as chairman. The effective date is April 18, 2012. The company at the shareholders' meeting held on April 18, 2012 appointed Maria Elena Cappello as independent director. The Board of Directors appointed Claudio De Conto (Chairman), Friedrich Wilhelm Frohlich and Maria Elena Cappello to its Internal Control Committee.
The company also approved the distribution of a gross dividend of EUR 0.21 per share for a total of some EUR 44 million for 2011. The dividend will be paid out from April 26, 2012, with the shares going ex-div on April 23, 2012, and will be payable to shares outstanding on the ex-div date.