The new CEO was appointed by a Board who was not authorized to appoint and, in addition, made a poor selection process in which other shortlisted candidates were not interviewed for this position.
Read the entire article in Romanian, here.
ArticlesWhat do you do, as a manager, when you have a "victim" colleague on your team?
ArticlesRoad freight transport in Romania has grown by 69% in 10 years, three times the pace of the EU
ArticlesCEO mindset shift: renewed focus on strategic transactions as leaders acclimatize to volatility
InterviewsThe flow of creative energy
InterviewsWHAT DO UNICORNS, FIGHTER PLANES AND MERCEDES-BENZ EQS HAVE IN COMMON?
InterviewsLOOK AROUND, SEEK AND YOU WILL FIND
InterviewsThe implications of change
InterviewsRevolutionizing urban development: exploring Veolia Romania’s GeoExchange innovation
NewsIntracom Telecom and BroadbandOne Partner to Launch Gigabit FWA for Enterprises Across the U.S
NewsMoving Forward: KPMG in Romania Strengthens Leadership with Key Appointments
NewsThe two airports in Bucharest have been internationally reaccredited regarding carbon emissions
NewsDHL Express announces annual rate adjustment for 2026 in Romania
Franklin Templeton Investment Management Limited UK Bucharest Branch, as Sole Administrator and Fund Manager of SC Property Fund S.A. (The "Fund") believes that the appointment of a new CEO in Oltenia Energy Complex ("CE Oltenia") severely violate the provisions of the Government Emergency Ordinance no. 109/2011 ("GEO 109/2011") regarding corporate governance of public companies
The new CEO was appointed by a Board who was not authorized to appoint and, in addition, made a poor selection process in which other shortlisted candidates were not interviewed for this position.
Read the entire article in Romanian, here.
