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New CEO appointed for OMV’s Romanian unit

OMV Petrom S.A. has appointed Christina Verchere (46) as the new President of the Executive Board and CEO of OMV Petrom.



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BP’s Asia Pacific president Christina Verchere is leaving to become head of OMV’s Romanian unit Petrom, ending a 20-year career at the British oil major. 

During the next months, Christina Verchere and Mariana Gheorghe will work closely together to ensure a smooth transition, according to OMV.

The group is present on the oil products retail markets in Romania and neighboring countries through 787 filling stations, as of end September 2017, under two brands – Petrom and OMV.

“OMV Petrom is an outstanding company with huge potential, broad expertise and first class staff. I am delighted to take on this responsibility and excited about moving to Bucharest,” commented Christina Verchere on her new position.

After her studies in Economics at the University of Aberdeen, Scotland, Christina Verchere started her career in 1993 and has spent over 20 years with an oil and gas supermajor, where she held numerous leadership positions in the UK, the US as well as in Canada.

OMV, one of Austria's largest listed industrial companies, holds a 51.01% stake in OMV Petrom. The Romanian state, via the Ministry of Energy, holds 20.64% of OMV Petrom shares, Fondul Proprietatea holds 9.9985%, and 18.35% is free float on the Bucharest Stock Exchange and London Stock Exchange.

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