Peter Jansen, a member of the board of directors of the national producer of gas Romgaz (SNG) says he is disappointed by the outcome of the meeting of shareholders on 15 November, convened by the Ministry of Energy – shareholder with a stake of 70% of the company and stressed that the measures taken are not in the spirit of good corporate governance practices.

“Two weeks ago AGOA (general shareholders’ meeting) was convened, where the majority shareholder proposed to change the composition of the board at Romgaz, without any explanation, without any reason. During the meeting, were changed two members of the board, and two new members have been appointed,” said Peter Jansen, quoted by zf.ro.

Romgaz’s shareholders have decided the election of a new chairman of the Board of S.N.G.N. ROMGAZ S.A. and the change of the Advisory Committees Members of the Board of Directors, stipulates a release received by the Bucharest Stock Exchange.

”Further to the modification of the membership of S.N.G.N. ROMGAZ S.A. Board of Directors, and following the Decision of the General Shareholders Meeting no. 10/15.11.2016, the new Board of Directors, adjourned in the meeting of 23 November 2016, decided to elect Dumitru Chisăliţă as Chairman of the Board of Directors.”

During the same meeting it was approved the membership of the Advisory Committees of the Board of Directors, as follows: Audit Committee:. Peter Jansen – Chairman; Sebastian Gabriel Tcaciuc – member; Jude Aristotel – member; Buzatu Florin Dănuț – member; Răzvan Stoicescu Florin – member. Nomination and Remuneration Committee: Sebastian Gabriel Tcaciuc – Chairman; Aurora Negruț – member; Peter Jansen – member; Buzatu Florin Dănuț – member; Răzvan Stoicescu Florin –member. Strategy Committee: Mrs. Aurora Negruț – Chairperson; Dumitru Chisăliță – member; Sebastian Gabriel Tcaciuc – member; Jude Aristotel – member; Buzatu Florin Dănuț – member.