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.
ArticlesThe art of communication for leaders: the essence of effective leadership
ArticlesGenAI - reluctance versus opportunity: What do Romanian company leaders expect?
InterviewsHow do we evaluate shares in 2024? Opportunities vs. risks
InterviewsStrauss Romania: Evolving the consumers coffee experience is crucial
InterviewsA long term partnership is better than the commercial value of a deal
NewsThe new Lexus LBX, a revolutionary compact crossover, is available in Romania
NewsSchneider Electric announces the winners of the Sustainability Impact Awards 2023 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.
