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Klaipedos Nafta AB Announces Resignation of Mr. Arvydas Darulis from Chairman of Management Board

Thursday, 21 Mar 2013 04:57am EDT 

Klaipedos Nafta AB announced that on March 20, 2013, the Company’s Chairman of the Management Board, Mr. Arvydas Darulis, has informed the Company’s Supervisory Board and other Board members of the Company that he retreats from the office and submitted his resignation papers to the Company. Based on Article 33.10 of the Law on Companies of the Republic of Lithuania, the member of the Management Board of the Company may resign from office before the term only upon prior written notice to the Company, which must be produced no later than 14 days in advance. Accordingly, the mandate of the Chairman of the Management Board expires on April 4, 2013. Mr. Arvydas Darulis was elected to the Management Board of Klaipedos Nafta AB on February 19, 2010, and became Chairman of the Management Board of the Company on October 24, 2011. 

Company Quote

-0.0040 -1.37%
20 Oct 2014