(Bloomberg) — Andrea Orcel’s legal feud with Ana Botin shifts this week to a Madrid courtroom where he’ll seek redress from Banco Santander SA for withdrawing an offer to help run one of Europe’s biggest banks. Orcel, 57, is seeking as much as 112 million euros …
Andrea Orcel will succeed José Antonio Álvarez as the bank’s CEO at the beginning of 2019. “Andrea Orcel’s international experience and strategic expertise further strengthen our existing team, helping ensure we continue delivering on our current strategy as we have for the past four years,” stated Ana Botin, Executive Chairman of Banco Santander.
2019-01-15 Bloomberg - Andrea Orcel’s legal feud with Ana Botin shifts this week to a Madrid courtroom where he’ll seek redress from Banco Santander SA for withdrawing an … Orcel vs Botin: Santander CEO Job Feud Heads for Madrid Showdown - Flipboard 2019-07-03 Today News || (Bloomberg) -- Andrea Orcel’s legal feud with Ana Botin shifts this week to a Madrid courtroom where he’ll seek redress from Banco Santander 2021-01-27 Andrea Orcel will succeed José Antonio Álvarez as the bank’s CEO at the beginning of 2019. “Andrea Orcel’s international experience and strategic expertise further strengthen our existing team, helping ensure we continue delivering on our current strategy as we have for the past four years,” stated Ana Botin, Executive Chairman of Banco Santander. 2018-09-26 Orcel was offered the role of CEO at Santander in September 2018. The bank changed its mind the following January, saying it could not meet his pay demands, in a … Orcel, a nine-year veteran of Switzerland's largest bank, will join Santander from early 2019, Santander said in a statement. Advertisement "Delighted that Andrea Orcel is joining us as Group CEO. Andrea Orcel will join Santander as CEO in early 2019, as UBS names Piero Novelli and Robert Karofsky co-presidents of the investment bank.
Early last January, Andrea Orcel flew from London to Madrid, ostensibly to lunch with Santander Chairman Ana Botin. David Crow in London July 15 2019 Santander offered to pay Andrea Orcel a sign-on package worth up to €52m in its aborted attempt to recruit him as chief executive, according to a formal offer Santander shocked the industry on Tuesday, announcing it would not proceed with the hiring of Orcel, a high-profile dealmaker it had poached from his role as head of UBS investment bank. Orcel, on gardening leave since the appointment was announced Dopo l’annuncio arrivato a settembre, Andrea Orcel adesso dal gennaio 2019 è il nuovo CEO di Banco Santander: sarà lui quindi a guidare quella che è la prima banca spagnola, dell’eurozona e la quindicesima al mondo. The star banker is pursuing several attempts to get Santander to make up for firing him as CEO before he had a chance to take the job. One of the avenues foundered in Spanish court.
Orcel was offered the role of CEO at Santander in September 2018. The bank changed its mind the following January, saying it could not meet his pay demands, in a rare U-turn involving such a high-level appointment.
How Will The Case One year ago, Andrea Orcel was fired as the CEO of Santander before he even had a chance to take the job. finews.com on the Italian dealmaker's attempt to get the Spanish bank to make things right.
Jan 16, 2019 Banco Santander has said that Italian banker Andrea Orcel would not take over as chief executive after it could not meet his pay expectations,
(Bloomberg) — Andrea Orcel’s legal feud with Ana Botin shifts this week to a Madrid courtroom where he’ll seek redress from Banco Santander SA for withdrawing an offer to help run one of Europe’s biggest banks.
2021-03-09
The star banker is pursuing several attempts to get Santander to make up for firing him as CEO before he had a chance to take the job. One of the avenues foundered in Spanish court. A Madrid court declined to hear a case brought by Andrea Orcel , who ran UBS' investment bank until 2018, according to a report on Tuesday by Spanish news agency «EFE» (in Spanish) . > Santander perform U-turn on Andre Orcel CEO appointment. People Moves, Sell-Side January 16, 2019 12:27 PM GMT Santander perform U-turn on Andre Orcel CEO appointment.
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Mr. Orcel is currently member of UBS Group’s executive committee and brings a wealth of experience and expertise, having worked closely with Santander for almost two decades . Orcel demanded Santander honour its offer or pay compensation but he is expected to be appointed CEO at UniCredit after mid-April so may decide to drop his claim. Orcel was offered the role of CEO at Santander in September 2018.
Proceedings at Madrid’s Court of First Instance No. 46 are expected to only last Wednesday morning. Banker Orcel's CEO court showdown with Santander pushed back to April It is still due to take place before Orcel's planned appointment as chief executive of Italy's UniCredit, expected after a shareholders' meeting in mid-April.
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Orcel was offered the role of CEO at Santander in September 2018. The bank changed its mind the following January, saying it could not meet his pay demands, in a rare U-turn involving such a high-level appointment.
The source who is familiar with the situation told Reuters at the end of January that Orcel was open to reaching a settlement with Santander and would be ready to cut his claim to 60 million euros. 2019-07-26 2019-07-03 2021-03-08 2019-01-16 Mr Orcel has been given time by UniCredit in order to reach an agreement with Santander over a €112m lawsuit he brought against the Spanish lender after it withdrew its offer to hire him. Banco Santander named UBS’s Andrea Orcel as its new CEO, propelling one of Europe’s highest-profile investment bankers to the helm of a global banking giant. 2019-01-23 The first full hearing in a legal dispute between Italian banker Andrea Orcel and Spanish bank Santander will be held on Apr. 7, a local Madrid court said on Wednesday, the day the showdown had originally been due to open.. The hearing of the case brought by Orcel, over the bank's withdrawal of an offer to make him CEO, was postponed after the judge handling the case had to go into quarantine Orcel, a nine-year veteran of Switzerland's largest bank, will join Santander from early 2019, Santander said in a statement. "Delighted that Andrea Orcel is joining us as Group CEO. Andrea Orcel is moving ahead with a huge lawsuit against Santander over the Spanish bank’s decision to withdraw its offer to make the former UBS banker its chief executive.