TP shares stable as Witucki appointed as new CEO

The change did not affect the price of TP's shares on the bourse. "The market did not react to the change of president as there was no reason. It is certainly is too early to assess a person who is not known in the telecoms sector," commented Krzysztof Kaczmarczyk, an analyst with DB Securities. "We will judge the new CEO by his deeds. In a company like TP, this post is not of key importance,"added Michal Marczak from Dom Inwestycyjny BRE Bank. Analysts agree that the new president should not change TP's general strategy. "The strategy should be continued and some of its assumptions should be strengthened," stated Kaczmarczyk, referring to increasing sales and the improvement of the company's image. (Puls Biznesu, p. 10) E.B.