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BUCHAREST - Societatea Energetica Electrica S.A. (Electrica), a leading Romanian energy company, has announced changes to the composition of its Board of Directors’ (BoD) consultative committees, effective from today, May 14, 2025. The reconfiguration of these committees will be in place until December 31, 2025.
The reshuffle includes appointments to the Audit and Risk, Nomination and Remuneration, Strategy and Corporate Governance, and Climate Governance and Public Affairs committees.
Dragos Valentin Neacsu will now chair the Audit and Risk committee, with Adrian Florin Lotrean and Mihai Diaconu serving as members. Lotrean will also lead the Nomination and Remuneration committee, accompanied by Marian Cristian Mocanu and Ion Cosmin Petrescu as members. Mocanu is set to chair the Strategy and Corporate Governance committee, with Diaconu and Petrescu also joining as members. The Climate Governance and Public Affairs committee will be chaired by Georgiana Bogasievici, with Neacsu and Mihnea Craciun as members.
The changes have been made in accordance with the Law 24/2017 on issuers of financial instruments and market operations, as well as the FSA Regulation no. 5/2018 and the Bucharest Stock Exchange Code.
Electrica is traded on both the Bucharest Stock Exchange (BSE) and the London Stock Exchange (LON:LSEG) (LSE), with its headquarters located at 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania.
Investors and those interested in the company’s corporate governance can find more detailed biographies of the board members on Electrica’s website. The adjustments to the BoD committees reflect Electrica’s ongoing commitment to compliance and good corporate governance practices.
This reshuffling of board committees is a common practice in corporate governance, ensuring that the necessary expertise and oversight are applied to various critical areas of the company’s operations. The announcement was made through an official press release statement issued by Electrica’s CEO, Alexandru-Aurelian Chirita.
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