Grupa Lotus supervisory board shake up; management next?

Cezary Nowosad, former chairman of the board in Lotos, who was also dismissed from his position of member of the management board in Nafta Polska, will be replaced by Jan Szomburg. It is being rumoured that these changes will also lead to numerous changes among the membership of the top management in the company. These are not, however, the first changes the new ruling party Law and Justice (PiS) has introduced within the personnel of the domestic oil sector. It first sacked the supervisory board of PERN, the operator of a network of oil and fuel pipelines. These were followed by layoffs in Nafta Polska, and Naftobazy. Today, the general shareholders' meeting in PKN Orlen will discuss potential changes in the composition of the company's supervisory board. (Puls Biznesu, p. 7) A.K.