Board of Directors

The Board of Directors represents the collective shareholders and acts in the best interests of the Company. Each member, whatever his/her designation, represents the Company’s shareholders. The Board of Directors meetings are held as often as deemed necessary or appropriate at the request of the Chairman. All members, and in particular the independent and non-executive members, are guided by the interests of the Company and its business, such interests including but not limited to the interests of the Company’s shareholders and employees.

 

The members of the Board of Directors are elected by the general meeting of shareholders for a period not exceeding six years. They are eligible for re-election and may be removed at any time, with or without cause, by a resolution adopted by a simple majority of votes of the general meeting of shareholders. The Directors may be either natural persons or legal entities. A legal entity that is appointed to the Board of Directors designates a natural person as its representative.

 

As of 28 May 2014 the Board of Directors consists of:

 

  • 2 executive member representing the management of the Company: 

Mr. Tomáš Salajka

Mr. Jiří Dedera

 

  • 2 independent members: 

Mr. Guy Wallier

Mr. Edward Hughes

 

  • 1 non-executive member representing the shareholders: 
Mr. Radovan Vítek Gamala Limited.
 

The current members of the Board of Directors are appointed until the Annual General Meeting of 2015 concerning the approval of the annual accounts of the Company for the financial year ending 31 December 2014. The Annual General Meeting of 28 May 2014 elected Mr. Jiří Dedera as Managing Director of the Company until the Annual General Meeting of 2015 concerning the approval of the annual accounts of the Company for the financial year ending 31 December 2014.