WARSAW, Poland – August 27, 2014 – Netia SA (“Netia” or “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced today that:
Mr. Jon Eastick, Chief Financial Officer and member of the Management Board, in agreement with the Supervisory Board, decided to stand-down from his position with effect as of the end of August 31, 2014. Mr. Eastick spent over eight years in Netia serving on the Company’s Management Board.
Netia’s CEO Adam Sawicki thanked Mr. Jon Eastick for his valuable contribution in managing the Company over the past years, during which time the Netia Group has more than doubled in size and cemented its position as Poland’s leading fixed line alternative operator.
On August 27, 2014 Netia’s Supervisory Board appointed Mr. Paweł Szymański as Chief Financial Officer and member of the Management Board, effective September 1, 2014.
Paweł Szymański is an experienced CEO and CFO from the largest domestic and regional concerns. A professional with wide experience in Finance, he combines managerial skills with sound knowledge of global financial markets acquired when working for the largest investments banks both in Warsaw and London.
A graduate of Warsaw School of Economics, from 1997 to 2003 he worked for Schroders and Citigroup in London. On his return to Poland in 2003, he was appointed CEO of Bank Handlowy’s brokerage arm. From 2004 to 2007, he ran PKN Orlen's Finance Division, firstly as Management Board member and subsequently as Vice-President. From 2007 to 2008, he worked at CTL Logistics as Vice-President responsible for Finance. Between 2010 and 2013, he was actively involved in the restructuring of RUCH, initially as Vice-President for Financial Affairs, and from 2012 to 2013 as CEO. Prior to agreeing to join Netia Mr. Szymański was Vice-President and CFO in Marvipol S.A.
Mr. Szymański does not conduct directly or through legal entities any activities that would compete with the activities of Netia or its subsidiaries. He is not a partner in civil law company or any partnership, nor a member of any authorities of any corporation or any other legal entity that competes with the activities of Netia. He has not been registered in the Non-Solvent Debtors Register kept pursuant to the National Court Register Act.