Dinu, who was appointed to this position in February 2013, declined to comment on the information but told ZF he was still “under contract with Domo.” 

Dinu, 46, had been appointed for a three-year term to run the company and the sources say he actually resigned in September but will be staying with the company for a while.

His departure comes shortly after Lorand Szarvadi, one of the founders of Domo, left the board of directors (though remaining the general manager and a minority shareholder of Digistore, the group’s online division). Dinu had replaced Szarvadi as CEO.

Prior to joining Domo, Dragos Dinu had been CEO of A&D Pharma in 2002-2008, the group that owns the Sensiblu retail pharmacy network and drug wholesaler Mediplus, and then spent four years as a consultant for healthcare industry.

The retailer operates a network of about 100 stores and posted some EUR100 million sales last year, compared with EUR165 million in 2011.

Domo’s majority shareholder is Swiss private equity fund Domotech.

(English version by Loredana Fratila-Cristescu)