Executive Board
The Executive Board is elected by the Supervisory Board. It manages the day-to-day business of the company. The Executive Board consists of five members, whose current mandates run starting April 2023.
Members of the Executive Board
| Christina Verchere (1971) - Chief Executive Officer and President of the Executive Board | |
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Christina Verchere holds a Master degree in Economics Science from the University of Aberdeen, Scotland. She started her career in 1993 and has spent over 20 years with an oil and gas supermajor, where she held numerous leadership positions in the UK, the US, Canada and Indonesia. Between 2012-2014, she has been the Regional President Canada of BP located in Calgary and between 2014 - 2018, she has been the Regional President of the Asia Pacific region, located in Jakarta, Indonesia. She was appointed Chief Executive Officer and President of the Executive Board of OMV Petrom starting May 1, 2018. |
| Alina Popa (1977) - Chief Financial Officer and Member of the Executive Board | |
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Alina Popa graduated from Bucharest Academy of Economic Studies, Faculty of Accounting and Information Systems and is a member of ACCA (Association of Chartered Certified Accountants). She started her career at Deloitte Audit Romania. Alina Popa joined OMV Petrom in 2006 and has held leadership positions in finance functions, coordinating important projects in the financial field. Between 2015 and 2019, she has been the General Manager and President of the Board of Directors of OMV Petrom Global Solutions, the Shared Service Center of OMV Group. She was appointed Chief Financial Officer and member of the OMV Petrom Executive Board as of April 17, 2019. |
| Cristian Hubati (1971) - Member of the Executive Board responsible for Exploration & Production | |
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Cristian Hubati graduated the Faculty of Electrical Engineering from Polytechnic University of Bucharest in 1995 and holds a master’s degree in Business Administration from Open University Business School, UK and also a postgraduate certificate in Board Practice and Directorship from Henley Business School, UK. Cristian Hubati has 20 years of experience in the oil and gas industry. He joined OMV Petrom in 2007 and he held since then various management positions in the OMV Group. He was appointed member of the OMV Petrom Executive Board starting April 17, 2023. |
| Radu Căprău (1974) - Member of the Executive Board responsible for Refining & Marketing | |
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After graduating the Faculty of Management from the University of Economic Studies in Brasov, Radu started his career in the sales area, before joining OMV Petrom in 2000 as Area Manager for OMV Romania. Since then, he held various management positons within OMV Petrom Group in Romania and Bulgaria, being responsible for Retail, Supply & Sales and Petrom Aviation. In 2018, Radu was the Head of Crude Supply & Trading within OMV Refining & Marketing GmbH in Vienna. He was appointed member of the OMV Petrom Executive Board as of October 1, 2018. |
| Franck Albert Neel (1970) - Member of the Executive Board responsible for Gas & Power | |
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Franck studied Energy at the University of Rouen and received an Engineer Degree and then followed a Master of Mechanical Engineering at Cranfield University in United Kingdom. Later on, he earned an Executive Degree from the London Business School. Franck spent 25 years working for the Group Engie. Thus, he started his career at Gaz de France in the engineering department for 7 years and then moved to the Marketing and Sales with different functions in different countries such as France, Czech Republic, Hungary, Netherlands, Italy and UK before joining OMV Petrom. He was appointed member of the OMV Petrom Executive Board as of July 1, 2018. |
Organization and functioning
The Executive Board manages the day-to-day business of the company and monitors the activity of its group companies in accordance with the law, the Company’s Constitutive Act, the internal rules and guidelines as well as the resolutions of the Supervisory Board. It is elected by the Supervisory Board.
Attributions and responsibilities of the Executive Board
- The Executive Board ensures that its own resolutions, the Supervisory Board's and the General Meeting of Shareholders' resolutions, as well as the internal guidelines are implemented and that they are in compliance with the law.
- The Executive Board is the corporate body that runs the company and represents it in relation with third parties. Also the Executive Board agrees on the strategic direction of the company with the Supervisory Board and is periodically discussing the progress made on implementing the strategy.
- The Executive Board provides the Supervisory Board periodically reports on all relevant issues of business developments including an assessment of the risks prevalent and the risk management in place at the company level and at the companies from the Group in which it holds the majority stake.