Management Board

Andrzej Rogowski - President

Andrzej Rogowski is one of the founders of Multimedia and its first President of the Management Board between 1992 and 2000. In the years 2004-2005, he was a member of the Supervisory Board and, between 2001 and 2004, he was the Chief Executive Officer of TeleNet Polska and other Multimedia group companies. He became President of our Management Board again in November 2005.

Earlier, he was a Technical Director and the manager of the team responsible for the operation of the telecommunications networks in the governmental telecommunications office for Kalisz region. Since 2003, he has also been serving as the Chairman of the Supervisory Board of Kaliskie Linie Autobusowe Sp. z o.o. Mr. Rogowski holds two MSc degrees from the Poznan University of Technology.

Supervisory Board

Ygal Ozechov

Mr. Ygal Ozechov has been associated with the Multimedia Group since 1999 as a member of the Supervisory Board of Multimedia Polska S.A. He has over twenty four years of experience in managing investments in various industries, during the last fourteen years in Poland he has been a co-managing member of YTD, LLC. In the past, he has been a member of supervisory board of Polimex Cekop S.A. and various companies in the Multimedia Group (companies in the former TeleNet Group). From 1989 to 1992 he was a principal at Berkley International Capital Corporation, a venture capital investment company. Prior to then, from 1988 to 1989, he was a management consultant at Putnam, Hayes & Bartlett and in 1987-1988, a management consultant at Arthur Andersen. Mr. Ozechov holds a degree in economics from University of Illinois and an MBA from the University of Chicago.

Tomek Ulatowski

Mr. Tomek Ulatowski has been associated with the Multimedia Group since 1999 as a member of the Supervisory Board of Multimedia Polska S.A. He has over thirty seven years of experience in managing investments in a variety of industries. He was a shareholder, president and managing member of Amsterdam Pacific Corporation, an investment banking company between 1986 and 1996 and since 1987 he has been a managing partner of US investment funds BBU Mezzanine Finance Fund I and Fund II, which manage investment funds in USA. He is also a managing member of YTD, LLC and a member of the Supervisory Boards of the Multimedia Group companies. In the past, he was a Chairman of the Supervisory Board of Polimex Cekop S.A. and member of the Supervisory Boards of various companies in the Multimedia Group (companies in the former TeleNet Group). From 1980 to 1986 he was a senior Vice-President of Crocker National Bank San Francisco. From 1973 to 1980 he worked at Bank of America, where his last position was as senior Vice-President responsible for project finance. Mr. Ulatowski holds an MBA from the University of California, Berkeley and a degree from the Maritime University in Szczecin.

Konrad Jaskola

Mr. Konrad Jaskóła is the President of Polimex – Mostostal S.A., as well as a senior officer of several other companies, including Naftobudowa S.A. (since 2000), ZREW S.A. (since 2002), Polimex-Sices Sp. z o.o. (since 2002), Porty S.A. (since 2001), Terminal LNG S.A. (since 2001), Fund 1 NFI S.A. (since 2002), Poilen Sp. z o.o. that is in dissolution (since 2003), Polimex-Mostostal Ukraina S.A.Z. (since 2006), Polimex Hotele Sp. z o.o. (since 2006), Polimex – Development Krakow Sp. z o.o. (since 2006). Additionally, he is a Chairman of the Polish Chamber of Chemical Industries and a member of the board of the Polish Forum of Academia in Management. From 1999 to 2004, Konrad Jaskóła was the president of the board of directors of Polimex – Cekop S.A. and from 2001 to 2004 he was a member of the supervisory board of Mostostal Siedlce S.A. He was an employee of Petrochemia Plock S.A. (currently, PKN Orlen S.A.) for 25 years, ultimately as the president of the board. Mr. Jaskóła holds a degree in chemistry from Silesian Technical University and a post graduate degree in oil industry management from the Warsaw School of Economics.

David C. Seidman

Mr. Seidman has over thirty years of experience of investing in and working with middle market companies in the US and in Poland. He has served on a wide range of company boards of directors in both private and public corporations. Formerly, Mr. Seidman served as Senior Vice President at Investments of Enterprise Investors LP, Warsaw Poland. Prior experiences include Founding Partner and Managing Director of Seidman, Fisher & Co. - private equity investors based in Chicago; Investment Manager, Venture Capital Group, at Allstate Insurance Company; and Management Consultant at McKinsey & Co. Mr. Seidman holds a B.S. degree from Babson College and a Masters in Business Administration from the University of Chicago.

Gabriel Wujek

Mr. Gabriel Wujek is a partner at the U.S. law firm of Chadbourne & Parke LLP and a limited partner of the law firm of Radzikowski, Szubielska i Wspolnicy sp. k., acting as a legal counsel for the Company. From 1990 to 2003, he was a partner in the a U.S. law firm of Altheimer & Gray. Prior to that, from 1973 to 2000, he was a post-doctoral researcher at the Warsaw School of Economics and also, from 1986 to 1990, a vice-director of the legal department at the Polish Ministry of Foreign Exchange. Mr. Wujek holds a PhD in law from the Warsaw University.

Links between shareholders and members of governing bodies

Mr Tomek Ulatowski and Mr Ygal Ozechov, jointly with their related entities, hold a 100% stake in YTD, LLC of Wilmington, Delaware, USA, which is the sole owner of M2 Investments Limited of Nicosia, Cyprus; the latter owns 49,495,505 shares in Multimedia, representing 46.57 percent of all Multimedia shares.

Mr. David C. Seidman, Mr. Gabriel Wujek, and Mr. Konrad Jaskóła fulfil the criteria of independence specified in par. 21 of the Company’s Statutes.

The Company’s Statutes are available in   Corporate Governance