November 14 (SeeNews) - CEZ Electro Bulgaria [BUL:1CZ], a subsidiary of Czech power utility CEZ, said on Wednesday that Dimcho Stanev has been appointed as the company's new CEO and chairman of the company's management board as of November 1.
Stanev started his career in CEZ Bulgaria in November 2012, CEZ Electro said in a statement.
On November 27, CEZ Electro's shareholders will vote on proposed changes to the company's supervisory board and audit committee, conditional upon completion of the company's sale to local Inercom, as part of a larger deal for the sale of CEZ Group assets in Bulgaria.
The contract for the sale of CEZ assets in Bulgaria to Sofia-based Inercom has November 30 set as deadline for wrapping up the deal, CEZ told SeeNews last week.