Garamendi will be able to opt for a third term as executive director

Antonio Garamendi will be able to continue leading CEOE from 2026. President, re-elected for the second time last November 23, activated the machinery to reform the statutes of large employers and eliminate the current norm that limits the presidency to two consecutive terms, giving them access to a third-party bid within three and a half years. This ban was approved before he took office, while Juan Rosell was still president.

The Basque leader summoned all the vice-presidents of the business organization this Thursday to consult with them on this decision, which he does not expect to meet with resistance and, according to predictions, will be approved by the board of directors which will be held next year in July, CEOE sources confirmed to this newspaper.

Garamendi assures that he is doing this in order to “adjust the statute” In accordance with the vast majority of business organizations, since more than 85% do not have a presidential term limited to eight years and because various employers have requested it. In any case, Garamendi assures that he does not yet know if he will run for that third term. He is not thinking about that yet, since he still has more than three years ahead of him.