State Treasury companies in Poland. Most of the more important ones already have new authorities

Luc Williams

The replacement of personnel in state-controlled companies began with changes in supervisory boards made by general meetings. Next, the councils announced competitions for the positions of management board members.

In Orlen – the largest Polish company Orlen – due to the large number of candidates for the president and eight members of the management board (almost 30 for one position), the supervisory board announced that its decision, announced in the week after March 18, may be postponed. In Energa, controlled by Orlen, a general meeting and a replacement of the supervisory board are scheduled for April 4. The previous management board of this company was dismissed at the beginning of March.

In turn, the largest Polish electricity company – PGE – already has a new president. It was Dariusz Marzec, former vice-president of this company. Two vice-presidents have also been appointed, and a competition for the third one – for finance – is underway. The new management board of Tauron, with Grzegorz Lot as president, and Enea, led by Grzegorz Kinelski, have already been appointed.

Changes have also already taken place in the mining sector. The KGHM copper plant is headed by Andrzej Szydło, and the positions of four vice-presidents are also filled. There was also a change of management in the Polish Mining Group, which is now headed by Leszek Pietraszek. Three vice-presidents were also appointed. There is no new president at Jastrzębska Spółka Węglowa yet, but two vice-presidents have been appointed.

In the chemical sector, after the change of the supervisory board, the management board of Grupa Azoty was replaced. Adam Leszkiewicz is the new president, and there are also four vice-presidents.

In the financial sector, the pace of change is slower. The hearings of candidates for the PZU management board will last until March 27; the supervisory board has already been replaced. In the state-controlled PKO BP bank, the competition has ended and 200 candidates applied for nine positions on the management board. The decision on who will appoint the bank's authorities has not been made yet. In the second largest state-controlled bank, Pekao, a general meeting was convened on April 17, which will change the supervisory board. However, the authorities of the Warsaw Stock Exchange have already been replaced. Tomasz Bardziowski became the new president.

The State Treasury also controls LOT Polish Airlines. However, the replacement of the carrier's authorities has not yet started. Changes have already taken place in other state-owned companies in the aviation sector. Andrzej Ilków is the new president of Polish Airports. Filip Czernicki manages the Central Communication Port as acting president. The government's representative for CPK announced that the competition for members of the new management board should start by the end of March.

There are already new authorities of Totalizator Sportowy, and on March 25, the auditions of candidates for the management board of Poczta Polska are scheduled to begin; for now, Sebastian Mikosz is the acting president. No changes have occurred so far in the National Food Group.


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