CR 45/2016 Resignation of a member of the Management Board of LPP SA

Resignation of a member of the Management Board of LPP SA 

Current Report No. 45/2016

Date: 06.09.2016; 10:41

The Management Board of LPP SA announces that on September 6, 2016, Mr. Hubert Komorowski resigned from his position as Vice President of the Management Board of LPP SA with effect as of today.

The resignation is dictated by personal reasons. Mr. Hubert Komorowski intends to start his own business outside the clothing industry.

Vice President Hubert Komorowski has worked in LPP since 2000, and since 2009 he was a member of the Management Board. He supervised the House, Mohito and Sinsay brands. Until the end of the year, the outgoing Vice President will remain available to the company in an advisory capacity. This will allow the closure of pending projects and the smooth transfer of responsibilities to the President of the Management Board Marek Piechocki, who will take over supervision of the Mohito, House and Sinsay brands.

The Supervisory Board of LPP SA has no plans to soon appoint a new member of the Management Board.