GORENJE, d.d., Velenje
Gorenje Management Board with two new members in the next term of office
Pursuant to the provisions of the Rules and Regulations of the Ljubljana Stock Exchange d.d., Financial Instruments Market Act (ZTFI), and the Corporate Governance Code of the Ljubljana Stock Exchange and Warsaw Stock Exchange, the company Gorenje d.d., Velenje, hereby makes the following announcement:
At the session held on January 11, the Supervisory Board was presented the decision by the Gorenje President and CEO not to propose two current Management Board members, Branko Apat and Peter Kukovica, for appointment to the Management Board in the next term of office, and approved such decision.
"I work well with Peter Kukovica and he will successfully complete his term of office as a Gorenje Management Board member; however, he has decided to continue his career elsewhere after he completes his current term," explained Gorenje President and CEO Franjo Bobinac.
Branko Apat will, after the appointment of a new Management Board this July, remain at Gorenje, holding a senior position of an executive vice president. "Brane Apat and I agreed before the start of this term that he would step down and invite younger successors to take his place in the next term. I am pleased, however, that we will continue to work together," Bobinac commented.
The line-up of the new Gorenje Management Board will be known no later than on July 19, 2018, when the term of office of the current Management Board expires.
Disclaimer: The English text for all announcements is for information purposes only!
The information included in this announcement will be available at the official website of the company Gorenje d.d., Velenje, at www.gorenjegroup.com, for a period of no less than 5 years from the date of announcement.