LPP now with a new vice-president of the board
The Extraordinary Annual General Meeting of LPP shareholders on 15 November this year appointed Marcin Bójko, hitherto chief financial officer, as vice-president of the company’s management board. The change in the authorities of the Gdańsk-based company is related to Przemysław Lutkiewicz’s resignation from his functions within the Group, announced in October this year for health reasons. The shareholders’ vote on the resolution appointing Marcin Bójko as vice-president of LPP took place at the request of the company’s management board.
– I would like to thank the shareholders for their trust and for appointing Marcin Bójko as vice-president of the company’s management board. I am convinced that his experience and competences will be crucial in the further growth of our organisation. The commitment with which he has performed the tasks set before him for over a year and the skills he has acquired during his career to date are a guarantee that he is ready for effective management and strategic decision-making. I congratulate Marcin on his new role with LPP and wish him a lot of success – comments Marek Piechocki, CEO of LPP.
In his capacity as the new vice-president of the company’s management board, Marcin Bójko will be responsible for the Group’s financial division. His remit will cover such areas as reporting, accounting, controlling, investor relations, and central purchasing. In turn, the supervision of foreign companies will be taken over by Sławomir Łoboda, vice-president of the management board responsible for development, including the lease and market analysis department and the legal department.
– I accepted the decision to entrust me with such a strategic function with great enthusiasm, but also with a sense of responsibility. Over the past year, I have had the opportunity to get to know our organisation well, with its culture, values and the team of exceptional professionals who contribute to the development of LPP every day. The foundations built by my predecessor will provide us with a solid basis for further growth. We have a number of ambitious projects ahead of us. I am convinced that together with the whole team we will effectively tap into the huge potential of the company and strengthen its market position, consistently building value for our shareholders, employees, customers, and all stakeholders. Thank you for your trust and I look forward to fruitful cooperation – comments Marcin Bójko, vice-president of the management board – director of finance at LPP.
Marcin Bójko has been with LPP since August 2023. Initially responsible for the controlling and finance area, he supervised the group’s liquidity and developed management reporting optimising the cost and profitability area. Since June this year, he has also managed the accounting and reporting teams. Previously, between 2012 and 2023, he was associated with the Orlen group, where, among other things, he supervised subsidiaries, and between 2021 and 2023, as controlling director, he was responsible for the financial reporting area of the Czech Unipetrol group. He implemented a comprehensive range of financial management in the areas of production, logistics and sales. He has experience in developing strategic initiatives, M&A projects, as well as creating business synergies.
The newly appointed vice-president of the LPP Group is a graduate of the Faculty of Management at the Białystok University of Technology; he also holds a certificate in management accounting awarded by CIMA, as well as a successfully passed exam for candidates for members of supervisory bodies organised by the Ministry of State Assets.
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LPP is a Polish family business and one of the fastest growing clothing companies in the region of Central Europe. For 30 years, it has been successfully designing and selling the collections and accessories in Poland and abroad. LPP manages five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay, whose offer is available today in stationary and online stores in 40 markets worldwide. The company has a chain of nearly 2500 stores with the total area of over 2 million m2 and distributes the products to 3 continents every year. LPP also plays an important role as it provides employment to 43 thousand people in its offices and sales structures in Poland, Europe, Asia, and Africa. The company is listed on the Warsaw Stock Exchange in the WIG20 index and belongs to the prestigious MSCI Poland index.