1 |
<p align="center"><b>A New Mandate for the Members of PLIVA's Management Board |
2 |
</b></p> |
3 |
<p>As the mandates of PLIVA's Management Board members are expiring, the company's |
4 |
Supervisory Board appointed the Management Board members for a new five-year |
5 |
period. The decision was made at the Supervisory Board meeting held on 07 September |
6 |
2000 and will become effective as of 08 December 2000. </p> |
7 |
<p>In accordance with PLIVA's corporate governance principles, to sustain efficient |
8 |
business operations the members of the Management Board are also chief officers |
9 |
in charge of certain areas of operations. In the new mandate the Management |
10 |
Board will include Mr. Zeljko Covic, M.Sc., President of the Management Board |
11 |
and Chief Executive Officer, Mr. Dubravko Mak, Vice President and Chief Operating |
12 |
Officer, Dr. Radan Spaventi, Vice President and Chief Scientific Officer, and |
13 |
Mr. Zeljko Peric, Vice President and Chief Financial Officer.</p> |
14 |
<p> The mandate of Ms. Erika Kaspar, M.Sc., expires as of 08 December 2000, after |
15 |
which she will continue to carry out business operations in the area of Corporate |
16 |
Affairs and Communications.</p> |
17 |
<p> Commenting the decision, Mr. Zeljko Covic, President of PLIVA's Management |
18 |
Board and CEO, said: "My colleagues and I are honoured that we have been given |
19 |
the opportunity to continue realising our long-term strategy. Our new mandates |
20 |
will be in line with the transformation of PLIVA from a local company into a |
21 |
global pharmaceutical company. My team of associates and I, together with all |
22 |
PLIVA employees, will strive to make PLIVA a distinguished European pharmaceutical |
23 |
company, the foundations of which are set in our core values such as innovation, |
24 |
quality, business ethics and dedication of each and every employee, to the benefit |
25 |
of our shareholders. I would like to use this opportunity to thank the previous |
26 |
members of the Management Board and all our associates who have made PLIVA's |
27 |
success possible over the years."</p> |
28 |
<p> For further information, please contact:</p> |
29 |
<p> Dijana Kobas <br> |
30 |
Director, Corporate Communications<br> |
31 |
Tel: 00 385 1 61 20 852<br> |
32 |
Fax: 00 385 1 61 60 358<br> |
33 |
E-mail: <a href="mailto:dijana.kobas@pliva.hr">Dijana.Kobas@pliva.hr </a></p> |