Publisher WSiP selects new CEO to restore market share

"I have been related to the sector since I can remember. My task is to restructure the company and boost its market share," said Dąbrowski. First decisions will concern cutting costs and thus some employees might lose their jobs. The new management intends to spin-off some supplementary activities from the company. "I would like to see the effects of our efforts within a year," said the new CEO. Currently, WSiP controls 30% of the market. The new management board did not specify what share of the market it intends to control. "In the long-run the company will share its profits, but I cannot state already whether we will recommend a payout this year," said Dąbrowski. The company ended the first half of the year in the red. (Puls Biznesu, pp. 1, 11) M.M.