Changes at Unilever and CIS
Fergus Cass will leave his position as chairman of Unilever South Central Europe, which includes the Romanian branch, at the end of the month. He will be replaced by Martina Kastler, who has been with Unilever since 1977. Cass' departure also vacates the chairman position within the Foreign Investors Council (FIC) of Romania
Fergus Cass will leave his position as chairman of Unilever South Central Europe, which includes the Romanian branch, at the end of the month. He will be replaced by Martina Kastler, who has been with Unilever since 1977. Cass’ departure also vacates the chairman position within the Foreign Investors Council (FIC) of Romania. FIC rules stipulate that, “in case a member leaves or a position becomes vacant for sickness reasons or for any other reason, the vacant position will be filled to term by those elected by the Board.” The replacement has to be elected by the majority of the FIC members. Bernard Moscheni, Orange Romania CEO, said the new chairman could be elected in the next two weeks, as soon as elections were held. The number of FIC members has significantly decreased lately, due to the expiry of their mandates in Romania. ZF
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