The newly appointed CEO and board chairman of state-controlled power company ČEZ , Daniel Beneš, has been given a further boost with his term as board chairman of the power giant extended until the end of 2017.
The decision was taken late Wednesday by the supervisory board with the advantages of Beneš overseeing the completion of the project to expand the Temelín nuclear power plant given as the main reason for the move.
“[It] is desirable for the mandate of the chairman of the board of directors Daniel Beneš to cover the whole period of the commencement of the nuclear power plant Temelín construction,” the Prague-listed company said.
The extension of the board mandate is a clear sign that the company, now closely-observed by its government owners, is being counted on for the long-term.
Beneš, who took over as the top man at the near 70-percent state owned power company a week ago after the surprise resignation of Martin Roman, has an existing mandate as chairman of the board of directors which expires in December 2013. The new term now agreed would be for another four year exetnsion.
The Czech government has cited Temelín’s completion as its main priority with Prime Minister Petr Nečas (Civic Democrat, ODS) suggesting that Martin Roman could not be trusted with pushing the project forward fast enough. In his first interviews as ČEZ boss Beneš has clearly signaled that he has got the message and that Temelín is the number one priority with foreign acquisitions downgraded for the future.