Artopolescu also served as secretary of state with the Communications Ministry.
On Thursday, Transelectrica shareholders replaced four of the seven members in the Supervisory Board two and a half months after appointment.
The new board members are Ion Toni Teau (general manager of Lasselsberger), Dan Sandu (president of MKB Nextebank), Stefan Doru Bucataru (former general manager of Teraplast) and Gheorghe Diaconu (manager at Transelectrica). The three other members are Artopolescu, Andrei Mihai Pogonaru and Radu Bugica.
Shareholders also decided the members in Transelectrica’s Managing Board will receive monthly gross pay ranging between 6,800 lei (EUR1,500) and RON38,000. Supervisory Board members will get net pay of RON7,000/month. Shareholders will meet again for a final decision on remuneration.
Transelectrica is owned by the Finance Ministry, which controls 58.69% of the shares. Other shareholders include investment fund Fondul Proprietatea (FP.RO), with a 13.5% stake, and regional investment fund SIF Oltenia (SIF5.RO), with 6.3% of the shares.
On the Bucharest stock market Monday, Transelectrica closed down 0.37%, at RON13.4 a share. (EUR1=RON4.409)