Gheorghe was appointed CEO in 2006. Her waiver shall become effective on the date when her successor takes office, but in any event on May 20, 2018, at the latest.
“After twelve tremendously intense years with OMV Petrom I consider it is the right time to leave and for Christina Verchere and a new generation of leaders to continue to build a great company. I am honored to have been involved in the transformation of OMV Petrom and developing its growth potential,” said Gheorghe.
Verchere 46, and Gheorghe will work closely together over the next months to ensure a smooth transition, the company said.
Verchere started her career in 1993 and has spent the last four years as regional president of British Petroleum. Before that, she was president and CEO of BP Canada Energy Group.