Deputy Finance Minister tipped as next Orlen president

According to Parkiet, the most serious candidates to become the president of oil giant PKN Orlen are Deputy Finance Minister Igor Chalupec, and J.P. Morgan president Paweł Gricuk. "Our headhunting company is already working on it," said Jacek Bartkiewicz, chairman of PKN Orlen and Bank BGŻ president. According to Parkiet's sources, the final choice will be made by September 30. Some claim that Prime Minister Marek Belka favors Paweł Gricuk, but he could have difficulty in gaining the support of minority shareholders. The position of Chalupec is much more favorable but, "He knows nothing about being shortlisted by the headhunter," said Dawid Piekarz, the Deputy Minister's Assistant. The supervisory board will not only choose the new CEO, but will also decide on new levels of remuneration for Orlen's directors. (Parkiet, p. 1) M.M.