Electrica announces board committee changes

Published 29/04/2025, 15:46
Electrica announces board committee changes

BUCHAREST - Societatea Energetica Electrica SA (Electrica) has announced changes to the composition of its Board of Directors’ consultative committees, effective from May 1, 2025. The announcement was made in a report dated April 29, 2025, in accordance with regulatory requirements.

The reshuffling of the committees comes as part of Electrica’s corporate governance practices, with the changes set to last until December 31. The Audit and Risk committee will now be chaired by Mr. Adrian Florin Lotrean, with Mr. Ion Cosmin Petrescu and Mr. Mihai Diaconu serving as members. The Nomination and Remuneration committee will also be chaired by Mr. Lotrean, with Mr. Marian Cristian Mocanu and Mr. Petrescu as members.

Mr. Mocanu will take the chair of the Strategy and Corporate Governance committee, with Mr. Diaconu and Mr. Dragos Valentin Neacsu as members. Lastly, the Climate Governance and Public Affairs committee will be led by Mr. Neacsu, with Ms. Georgiana Bogasievici and Mr. Mocanu as members.

These changes reflect Electrica’s ongoing commitment to effective corporate governance and oversight. The company, which is listed on both the Bucharest Stock Exchange (BSE) and the London Stock Exchange (LON:LSEG) (LSE), has made this information available in line with the regulations set forth by the Romanian Financial Supervisory Authority (FSA) and the Bucharest Stock Exchange Code.

For those interested in the professional backgrounds of the newly appointed committee members, Electrica has provided detailed biographies on its official website.

This reshuffling of committees within Electrica’s Board of Directors is part of the company’s regular governance updates and does not necessarily indicate any broader strategic shifts. The information regarding the changes is based on a press release statement from the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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