Stern thus replaces Rainer Seele, former OMV CEO, as president of the Supervisory Board of Petrom.
“Following his appointment as interim Supervisory Board member of OMV Petrom, Alfred Stern was also appointed member and president of the Presidential and Nomination Committee of OMV Petrom, effective as of September 1, 2021 and until the next General Meeting of Shareholders.”
At the same time, Wolfram Krenn waived his mandate as member of the Supervisory Board and was replaced by Martijn van Koten.
Petrom has a capitalization of RON25.4 billion and its shares have gained 14% since the beginning of the year.
(English version by Loredana Fratila-Cristescu)