Her current mandate runs until 16 April 2027.

“It has been a privilege for me to lead OMV Petrom for these past 9 years. I feel immensely honoured to have been able to be part of the transformation of the company, together with my Executive Board colleagues and the entire OMV Petrom team. With our Strategy 2030, we have moved from ambition to strong execution. I remain committed to the delivery of our strategic projects for the remainder of my mandate, ” said Christina Verchere, CEO of OMV Petrom.

Emma Delaney, President of the Supervisory Board of OMV Petrom: “Christina Verchere has led OMV Petrom through a remarkable transformation during her two consecutive terms in office. The company has delivered on major strategic projects, taking a leading role in the energy transition of Romania. I thank Christina for her leadership and unwavering commitment to OMV Petrom and extend all my best wishes for her future.”

The company did not specify the reasons of the decision or the name of a possible succesor.

The decision of the Supervisory Board on the Executive Board membership, following the expiration of the current mandate, will be communicated to the market in line with legal requirements.  

OMV Petrom is Romania’s biggest company by turnover and leader of the fuel market. With Christina Verchere at its helm, the company made the final investment decision for Neptun Deep project, developed together with Romgaz. Petrom has a EUR16 billion capitalization.

(English version by Catalina Apostoiu)