The hotel group Barcelócontrolled by the family of the same name, will face this 2025 the beginning of a new transition in its long business career, which exceeds six decades in the national tourism sector. Simón Barceló Tousco-president and delegate councilor of the Corporation, will turn 65 in November and will have to cease its responsibilities as CEOas set by the statutes of the Corporation.
The first executive position, therefore, would remain only in the hands of Simón Pedro Barceló Vadell58 years old, but that would alter the balance of power that both family factions agreed. Simón Pedro acknowledges electionomista.es that your cousin Simon He could continue in his position as non -executive president For another five years, although it does not clarify what plans they have to maintain the distribution of established power.
The rules set by the members of the family business, and which are recorded in the statutes of their society holding companyBarceló Corporation Business, They contemplate an age limit to remain in the group management bodies.
Specifically, the limit is set in 65 years to hold the position of CEO; of 70 years to be a non -executive president; and 75 years to maintain a seat in the Board of Directors, as approved at the Board of Shareholders held in 2018. The idea was then going through the wake of Gabriel Barceló – Padre de Simón Pedro – who formalized his retirement when he fulfilled the 65 years.
The easiest option to maintain co -government would go through give entry as a delegated counselor to a Heir of Simonwhat for practical purposes would mean the landing of the fourth generation of the Barceló family in the dome of the tourist group.
Sources close to the company highlight the good relationship between both partieswhich invites you to think that before November an agreement will be formalized that avoids any conflict. In the past, Simón Pedro declared his intention that the generational transition was “orderly, calm and with time so that they can make their decisions.”
The first candidates
After years of doubts about the succession race in front of the company, given the absence of heirs working in the company, the youngest members of the fourth generation of the Barceló have started to join progressively to the company.
This is the case of Marta Barcelódaughter of Simón Pedro, who joined the Crestline subsidiary in 2023, already her 26 years act as a business development analyst at the hotel manager she operates in the US. On the other side of the family, it is Antonio TovarSimon’s nephew and son of his sister Antonia Barceló Tous, who has also assumed a position in the family business.
“There are already members assuming responsibilities within the company. My daughter Marta, who has been a year and a half, and one of the children of one of my cousins (Antonio Tovar) are performing key roles. Over time, they will be the ones who make the decisions , while the third generation will help them and give way, “says Simón Pedro.
Riu’s mirror
The last draft movement in the Spanish family business took place last year, when the CEO of Riu Hotels & Resorts, Carmen Riu announced her retirement after 26 years Sharing the position of CEO with his brother, Luis Riu, who continues alone as head. In parallel, he gave part of his duties to his son, Joan Trian, appointed management advisor.
#Barceló #activates #family #succession #departure #Simón #Barceló #CEO