2 January 2020

Strategic changes in ASM Group’s Management Board

Starting January 1st 2020, ASM Group has a new management board. The new CEO became Dorota Kenny, who has previously served as a board member. Jacek Pawlak and Andrzej Nowak have joint the new board.

***

Due to the resignation submitted by Adam Stańczak and Łukasz Stańczak from the functions held in the management board of ASM GROUP S.A., on 18.12.2019 the supervisory board appointed a new management board of the Company. Dorota Kenny, previously a member of the board, took the position of the president of the board. In addition, two more experienced managers associated with the Company were appointed to the management board: Jacek Pawlak and Andrzej Nowak.

This is a strategic, well prepared change. After twenty years of professional activity, including almost ten from the consolidation of individual business projects and the creation of a holding company, I am proud to look at the ASM Group today: we have entered the stock exchange and several European markets, we have taken the leading position in the industry and laid the foundations for an international platform for a complex sales support in Europe. A new stage of development is ahead of us, in a much more corporate ecosystem. The competences of the new board will be necessary in this process – emphasizes Adam Stańczak.

The new president – Dorota Kenny – has many years of experience in controlling and finance, she is a graduate of the Faculty of Economics at the University of Warsaw and the International Accounting Standards at the Warsaw School of Economics; associated with ASM Group since 2014. She was responsible for creating the controlling department, and, from 2019, already as a board member, she was responsible for controlling and ownership supervision in the companies of the DACH region acquired by ASM.

Dorota Kenny will be supported by – Jacek Pawlak, active in the BTL industry for almost 20 years, graduate in Finance at the Technical University of Radom. He has been associated with the ASM Group since 2003. An experienced finance expert, long-time CFO and member of the board of the ASM Group, successfully implementing the Group’s financial strategies for 16 years;

and Andrzej Nowak, with many years of experience in the Private Equity and investment funds sector. A graduate of the Faculty of Applied Mathematics at AGH in Krakow, where he completed a master’s degree in mathematics with a specialization in Finance and Insurance. Licensed investment adviser and securities broker. Participant of the CFA (Level 3 Candidate) program. He has been working at the ASM Group since 2018.