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Atacama Corporation

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Atacama Corporation is a company registered and operating under the laws of the Imperial State of Constancia.

Governance

Atacama Corporation is governed by a Chief Executive, who reports to the Court of Directors.

Chief Executives

Court of Directors, 1663 - 1690

Court of Directors, 22.XV.1690 - 22.XV.1694

The Court of Directors likewise resolved to amend domicile of the Corporation to Tower One, Enterprise Center, Radiant Sun Plaza.

Court of Directors, 22.XV.1694 -

Court of Directors, 22.XV.1694 - 1696

Court of Directors, 1696 - 1700

Court of Directors, 1700 -

Court of Directors, 1731 -

Lines of Business

Atacama Corporation is a shareholder of the Constancian Commercial Exchange Corporation, and holds a brokerage seat.

It is the owner of the ruins of Atacama, which was conveyed to it in fee simple. It owns 9.9% of Banca Credito Commercio Immobiliare. It is also a minor shareholder (1,000 shares) of Zjandarian Railway Construction & Development Corporation.

On 11.VI.1690, an additional 8.9997% of the company was acquired by Oranjesion Private Equity Capital via share purchase on the open market, resulting in Oranjesion Private Equity Capital assuming nearly 19% ownership over the company.

Operations

Former Chief Executive Viljo Kaljurand had become a rather lackadaisical caretaker executive since the loss of the Thema Oranjesion territories on Kendall Isle, with him keeping the status quo, making the most minimal of decisions and essentially living off the fat of the slim profits from the 9.9% stake the company held with the secretive Banca Credito Commercio Immobiliare, an alleged usurer and money launderer. Appointment to the Imperial Senate did not help his prospects, and while many shareholders loudly complained over the dimunition of more than 90% of the value of their shares, it was the apathy and inactive silence from the majority shareholders that decided the issue.

Beginning 1691, the new Chief Executive, Matthäus Koeppen, began an aggressive way forward for the moribund corporation. Loans for working capital were sourced from its major shareholders, Oranjesion Private Equity Capital, a Shirerithian corporation, and the world-known Imperial & Emirati Bank of Alalehzamin and Constancia. In a major gamble, 200 million Natopos were borrowed from its major shareholders, secured against existing corporate assets, of which 50 million Natopos were immediately invested in purchasing Ijubicastagrad land, with 20 million obligated for buildings and improvements.

After a term of service from 1690-1693, Matthäus Koeppen stepped down as Chief Executive, and he was replaced at the 1694 Annual Shareholders Meeting by Toghemur Ghazan, former Minister for Molivadia, as Chief Executive. From 1691 to 1699, company fortunes were linked with Jaris (Nouvelle Alexandrie).

The 1696 Annual Shareholders Meeting surprisingly elected Bjørn Koeppen, eldest son of Matthäus Koeppen, to the Court of Directors and likewise elected him Chief Executive. After his very public failure and humiliation, the 1700 Annual Shareholders meeting elected Daniyal Anders to the Court of Directors, which elected him Chief Executive.

The Anders administration revitalized the Corporation somewhat, managing risk by incorporating a subsidiary under the laws of Nouvelle Alexandrie, Ijubicastagrad Holdings, to serve as the corporate vehicle to manage the Ijubicastagrad property and improvements. Opportunities likewise manifested in Ransenar and Zeed, for which new subsidiaries, Atacama (Ransenar) Corporation and Atacama-Zeed Corporation were registered under the laws of each country, respectively. In 1720, a subsidiary was incorporated and opened in the International Mandate for the Settlements in Apollonia, domiciled at the Tiegang International Airport.

Chief Executive Daniyal Anders submitted his resignation as Chief Executive with the close of 1730, citing ill-health and old age. The 1730 Annual Shareholders Meeting resulted in new blood, with Alistair Henry Tennant as the new Chief Executive. The 1730 Annual Shareholders Meeting also revealed the ownership structure:

Atacama Corporation received its first office in Nouradin City, Nouradin, after the appointment of the concurrent Deputy Minister for Nouradin as Chief Executive. There was much internal discussion for the company to become a subsidiary of the Honorable Company, considering that it practically was majority-owner already. At the same 1730 Annual Shareholders Meeting, Chief Executive Alistair Henry Tennant begged the majority shareholders for a chance to prove himself considering his youth and his seeing matters with fresh eyes. His first official act, with the support of majority shareholders, was to hire the accounting firm of Morena-Jimenez of Nouvelle Alexandrie to do a full and true audit of corporate books.

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