An Extraordinary General Meeting of Orlen has carried out a partial reconstruction of the company’s Supervisory Board. Chairman Wojciech Popiołek, his deputy Michał Gajdus, and board member Kazimierz Mordaszewski were dismissed from their positions.
Przemysław Ciszak — previously a board member appointed directly upon recommendation of the Polish State Treasury — has been named the new Chairman.
The changes were executed following a formal request from the State Treasury, Orlen’s majority shareholder controlling 49.9% of the company’s share capital. The General Meeting simultaneously voted to expand the Supervisory Board from 10 to 11 members. This leaves three seats still open — two to be elected by shareholders during the reconvened session on 13 November, and one to be filled directly by Poland’s Minister of State Assets.
Current Supervisory Board members who remain include: Katarzyna Łobos (Secretary), Ewa Gąsiorek, Tomasz Zieliński, Mikołaj Pietrzak, Piotr Wielowieyski, Marian Sewerski and Ewa Sowińska. This means the board was restructured rather than replaced in full — but the strategic direction is clear: the State Treasury is consolidating ownership control ahead of further personnel decisions.
Green light to pursue claims against former CEO and management
The General Meeting also authorized Orlen’s current Management Board to pursue compensation claims against former CEO Daniel Obajtek and former Management Board member Michał Rog, who held top positions from 2018 to February 2024. This decision signals a continuation of the process of accountability for actions taken under the previous leadership — with both political and potential legal-financial implications.
Additional decisions included amendments to the company’s Articles of Association and approval to contribute the Warsaw Measurement and Research Laboratory division of PGNiG to Polska Spółka Gazownictwa (PSG) as a non-cash asset. In exchange, Orlen will receive new shares in PSG as part of its increased capital base — another step in the post-merger restructuring with PGNiG, with further strategic realignments in the gas segment likely ahead.
The General Meeting will reconvene on 13 November to fill the remaining Supervisory Board seats, a move expected to define the final balance of power in Poland’s largest listed company.
