No other major IT company has retained its CEO this long and the only rival in this respect is a telecom CEO, Alexandru Oprea, who has been running RCS&RDS since 1997.
“I retired, it was a retirement for natural, age-related reasons,” Radu Enache, who will turn 66 in December, told ZF.
Asked about what his plans were, Radu Enache said he would not just sit and relax. “I intend to stay active as a consultant or as a board member.”
Radu Enache was appointed CEO of HP Romania in May 2000. Under his leadership, the operations of the company witnessed spectacular growth, while the number of employees increased to almost 4,000, partly because of the opening of services and software development centers.
The new HP Romania boss is Marius Georgescu, 42, who joined the company in 2008 and has previously served as sales manager.
HP Romania’s revenue fell by 31% to EUR53.6 million and net profit by 25% to EUR4.4 million in 2013.
(English version by Loredana Fratila-Cristescu)