Thursday, September 25, 2014

RTVE president resigns Gonzalez Echenique – 20minutos.es

RTVE president resigns Gonzalez Echenique – 20minutos.es

The president of RTVE, Leopoldo Gonzalez-Echenique has presented Thursday to the board his resignation as president of the corporation, sources have confirmed the public entity 20minutes .

The same sources have specified that the resignation has been communicated orally to Council Administration taking place this Thursday, and that it will be effect at the end of the meeting .

came in a very complex time for public television cuts its budget and has faced a drop in audience figures Echenique became director of RTVE a time very complex for public television with a cut of its annual budget and in recent times has faced a drop in audience figures .

Echenique was postponed to Thursday holding this advice , scheduled for Monday as it aimed to “margin” to negotiate with the Ministry of Finance an injection of 130 million euros committed since last summer.

According to the same sources, the impossible to achieve all of this amount may have led to resign the president of the corporation, who was also scheduled to address during this council’s budget RTVE included in the draft State Budget.

In an appearance on the joint control commission RTVE held last June, the Corporation recognized Echenique faces a cumulative 716 million euros losses, of which 400 million coming from the deterioration of the real estate caused “by the housing bubble” and not for operating results or the current management team. “The property of the Corporation no longer worth 800 million euros worth before the crisis,” he said then.

Article 13.2 of the Spanish Broadcasting Act that establishes the cessation of all members of the Board of Directors in case of serious budgetary slippages, while Echenique said in that hearing that despite the accumulated losses, the Corporation “is not a cause of dissolution” and “not a cause for termination” of its Board of Directors.

Echenique other appearances also warned that the economic situation is “complicated” in the Corporation, which ended 2013 with a deficit of 113 million, and called “adjustments” in the current funding system for the “mechanism as a whole works.”

It has gone from a spending 1,200 million to 960 million, representing 25% less In the last three years, the government budget allocation has been reduced by 704 million euros, but Echenique said it is not just a problem of Executive , but there are other causes that have contributed to reduce the income of RTVE, as rates of telecom operators (180 million has gone to 113 this year) or TV (90 to 55).

Echenique blamed the “difficult” position of the Corporation to “limited discretion” which gives the current Law on Financing for revenue, and stressed that RTVE ” dependent on public subsidies and surcharges they pay television operators and telecommunications. “

however, recalled that” in less than two years “has gone from an expenditure of 1,200 million to 960 million, which is 25% less.

drop in audience figures is another problem by passing the Corporation and have been TVE 1 to stand behind Antena 3 and Telecinco , according to figures Windward Communication with data from Kantar Media last September 1.

Echenique was elected president of the corporation by the Congress of Deputies on 28 June 2012 year was the choice by an absolute majority in the second round and thus became the third president of RTVE appointed by Parliament.

Echenique replaced Alberto Oliart in office and came acopañado the appointment of four new directors elected by the Congress and the Senate: José Manuel Penalosa, Fernando Navarrete and Marisa Ciriza proposed by the PP and Oscar Pierre, proposed by CiU.

Bachelor in Law and Economics from the Universidad Pontificia de Comillas iCade and Body member State Bar since 1996, Echenique has also been deputy the Legal Services of the National Securities Market Commission (1998-1999) and from June 2000 to October 2002, Director of the Technical Office of the Secretary of Economy .

It has been secretary general of Barclays Bank , between 2003 and July 2008, when he joined the NH Group, where he was secretary general until June 2012 and a director of various entities as RED.es Center for the Development of Industrial Technology (CDTI), AUDENASA, Banco Zaragozano and ENCE.

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