Another candidate shortlisted by headhunters in the selection process will be chosen instead.
Until naming a new CEO, the tasks will be filed in by the company’s current general manager Sorin Georgescu.
Tarom also approved in General Stockholders’ Meeting Monday the conditions of the mandate contracts of the non-executive members of the Managing Board, who all signed the contracts during that day, the company said in a statement.
Dan Pascariu, Dumitru Prunariu, Lucian Isar, Marius Ghenea, Ciprian Ladunca and Valentin Macec (adviser to the Transport minister) were headhunted in Tarom Managing Board.
The deadline to sign the management contracts was Tuesday.
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.