Campeanu Richard Dan-Sebastian will replace Constantin Sebesanu, whose mandate will end on May 31, 2024.
The report also shows that “Mr. Bistriceanu Jean-Claudiu, Chief Financial Officer, will act as empowered person together with Mr. Câmpeanu Richard Dan-Sebastian, pursuant to Art. 1432 Para 5 of Company Law No. 31/1990, starting with 01.06.2024. He will replace Mr. Apostol Sorin, whose mandate will end on 31.05.2024 by agreement of the parties. Mr. Apostol Sorin will continue to support
the Company as a member of the Board of Directors. Such changes are intended to facilitate the integration process of the new entities and maximize synergies between all companies in Impact Group”.
On this occasion, the current CEO – Constantin (Tinu) Sebesanu stated as follows:
“In June I will end a long-lasting collaboration with Impact Group, a period with many challenges and satisfactions.
During my mandate the company continued its nationwide expansion, strengthened its Corporate Governance systems, adopted, and implemented the ESG framework and vertically integrated with construction, architecture, and related services companies. Impact showed resilience and finalized over 1200 housing units, significant infrastructure works in its residential complexes, as well as Greenfield Plaza next to the group’s new headquarters, which is a benchmark of community service for a sustainable community. The group’s large-scale developments include nZEB, BREEAM standards and bring essential complementary services to residents such as nurseries, kindergartens and schools, places of worship and medical services”.
Impact has a market capitalization of RON560 million. Its shares have lost 7.6% so far in 2024.