Orlen steers steady course despite change at helm

Waga's selection came as something of surprise, as so far only representative's of Orlen's majority stake holders, viz. Nafta Polska and the State Treasury, have headed the firm's supervisory board. Furthermore, it is expected that Waga will also take over from the controversial if well-connected Zbigniew Wróbel as Orlen's president, who has found himself at loggerheads with previous members of the board. Wróbel himself spoke well of the board's new line-up, saying, "The new board will continue the policy of the former and no drastic changes are to be expected. I think that it is the best board so far and it will ensure stability." (Puls Biznesu, p. 9, Parkiet, p. 3) J.J.