DMR España 2007: Everis (E)

  • Reference: DPO-108-E

  • Year: 2007

  • Number of pages: 5

  • Geographic Setting: España

  • Publication Date: Jun 18, 2008

  • Source: IESE (España)

  • Type of Document: Case

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After case studies A, B, C and D, Fernando Francés, the president of DMR, reflects on recent events: the change of the company name to Everis; the sale of new shares with the introduction of private shareholders instead of a stock-market float; the development of a program of options on shares to continue including all the employees in the project; the process of succession among top management; and the financial responsibilities that must now be assumed by the chairperson of the board. The case provides a final look at the sequence of events that began with a Spanish company founded by five consultants in 1997 which had grown into a consulting firm with 5000 employees all over the world and sales of over ¿350 million by 2007.

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