IN BRIEF: Endesa appoints new CEO

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Wednesday, October 8, 2014

Spain's Endesa appointed José Damián Bogas Gálvez as its new CEO and board member, following the resignation of Andrea Brentan.

In a statement, the group said its board will seek shareholder approval of the appointment at an extraordinary shareholders meeting on October 21.

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During an investor presentation on Wednesday, Endesa highlighted the divestiture of its Latin American business to Italy's Enel and its refocus on the Iberian market.