Unless an agreement is reached by Monday, Vystoupil will be removed from the Managing Board and will have to quit the CEO position, according to the sources.
The newly selected managers of Tarom are currently negotiating their contracts with the Transport Ministry and negotiations will last until Monday, said the sources.
The Board will propose that those who refuse to sign the contracts be replaced with other managers shortlisted by headhunters in the selection process, they added.
On October 17, Vystoupil, former head of Austrian Airlines Romania and Moldova, was selected chief executive officer of Tarom, while Dan Pascariu, president of UniCredit Tiriac Bank, was selected to fill the position of chairman of the Managing Board.
Vystoupil was also named member of the Board, alongside Dumitru Prunariu, Lucian Isar, Marius Ghenea, Ciprian Ladunca and Valentin Macec (adviser to the Transport minister).
According to Macec, the deadline to sign the contracts is Tuesday.