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Changes occured in PKN ORLEN Management Board

December 09/2011

(Plastemart) -- The Supervisory Board of PKN ORLEN, during its meeting on 8 December 2011, has adopted a resolution in accordance to which Mr. Marek Serafin has been dismissed from the position of the Member of the PKN ORLEN Management Board.

Changes occured in PKN ORLEN Management Board
At the same time the Companys Supervisory Board has delegated with effective date on 9 December 2011, Member of the PKN ORLEN Supervisory Board, Mr. Piotr Wielowieyski, to act temporary as the Member of the Companys Management Board, Petrochemical Operations. Delegation is valid till the moment of appointment of the Member of PKN ORLEN Management Board, Petrochemical Operations, but no longer than three months.


Earlier this week, Serafin was arrested along with two petrochemicals directors of the company and a businessman from the city of Plock in central Poland, on suspicion of corruption. Serafin had given preferential treatment to a businessman from Plock in awarding contracts in exchange for property benefits. The men were arrested following a request by the Appeal Prosecutor's Office in Warsaw.


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