The board of directors will consider the proposal of outgoing CEO Gorka Schmitt, who led the company for 13 years, as a member of the board of directors, the company said.
The firm also proposed an extraordinary dividend of 4 euros ($4.33) per share, provided the announced agreement to sell its Italian unit is completed.
(1 dollar = 0.9237 euros)
(Reporting by Pietro Lombardi; editing by Jason Neely; Spanish editing by Javi West Larrañaga)