CD Projekt's former CEO Kicinski quits management board, to run for supervisory board
18/10/2024 07:13
GDANSK, Oct 18 (Reuters) - CD Projekt's CDR.WA chief
strategy officer and former CEO Adam Kicinski will step down
from the Polish video game maker's management board at the end
of 2024 and confirmed his plans to run for the supervisory
board, the company said late on Thursday.
"I believe that my 30 years' worth of experience at CD
Projekt, along with thorough knowledge of the Group's
development strategy and familiarity with challenges and
opportunities facing the Group, may be of use in this new role,"
Kicinski said in a letter published with the statement.
He added that in this role, he would be able to support the
management board in guiding the group and contributing to its
long-term success.
Kicinski has been with CD Projekt almost since its inception
in 1994 and served as its CEO between 2010 and 2023, before
taking the post of chief strategy officer at the beginning of
this year.
Four out of five members of the supervisory board have also
resigned from their positions effective Dec. 31.
CD Projekt said they were doing this due to a planned law
aiming to have a 33% gender parity in supervisory boards, and to
enable shareholders to appoint additional independent members
into the board.
The chairman of the supervisory board and the company's
shareholder, Marcin Iwinski, has filed a motion to convene an
extraordinary general meeting to vote on new candidates for the
supervisory board, CD Projekt said.
(Reporting by Adrianna Ebert; editing by Milla Nissi)
((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))