Panaitescu has a 15-years experience in the financial-accounting sector, and served as Brau Union, Petrom and KPMG manager.
Chiriac also has an over 15-years experience on top-positions in several multinationals, serving as financial manager with Ager Leasing IFN, among others.
Monday, Hidroelectrica named a new financial manager, namely Gabriela Mihailescu, former CFO and deputy CEO of OTP Bank, replacing Lucian Aurel Cocos, who was appointed as manager of the accounting, control and planning department.
Hidroelectrica administrator Remus Borza announced in March he wants to replace 80% of the company’s management within two months and started by appointing Adrian Gheorghe, former CFO of canned goods producer Mandy Food, as financial manager.
Hidroelectrica re-entered insolvency in February after going through the same procedure in June 2010-June 2013.
The company is 80.05% owned by the state and 19.95% by investment fund Fondul Proprietatea (FP.RO).