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 our group since 1999 as a member of the Supervisory Board of Multimedia Polska S.A. in Kalisz and, following the investment of UNP Holdings B.V. in our Company in 2001, he became Chairman of our Supervisory Board. Currently, Mr. Ozechov is a Co-Chairman of our Supervisory Board. He has over twenty years of experience in managing investments in various industries, the last ten years being in Poland. In 1996, he was the founder and remains a shareholder and a managing director of Emerging Ventures Limited. In 1992, he was the co-founder and remains an economic interest holder of the predecessor to the Jerusalem Venture Partners Group, a venture capital company. He is also a co-managing member of YTD, LCC and a director in AFO Imaging Inc. 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 our group since 1999 as a member of the Supervisory Board of Multimedia Polska S.A. in Kalisz and following the investment of UNP Holdings B.V. in our Company in 2001, he joined our Supervisory Board. Currently Mr. Tomek Ulatowski is a Co-Chairman of our Supervisory Board. He has over thirty three years of experience in managing investments in a variety of industries. He has been a shareholder and a managing director of Emerging Ventures Limited since 1997. 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, LCC and a member of Supervisory Board 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

Konrad Jaskola was elected as a member of the Supervisory Board at the Annual Shareholder’s Meeting on June 29, 2006. At the present time he is also 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 Jaskola 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. Jaskola 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 is a Principal of EVL. He has over thirty years of experience of investing in and working with middle market companies in the US, and more recently in Poland. He has served on a wide range of company boards of directors in both private and public corporations. Prior to joining EVL, Mr. Seidman served as Senior Vice President - 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

Gabriel Wujek was elected as a Supervisory Board member at the Annual Shareholder’s Meeting on July 28, 2006. Currently, he 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—in their capacity as directors and minority shareholders of Emerging Ventures Limited, a company indirectly holding a controlling interest in Multimedia Polska S.A.—exercise significant influence over the decision making process in Emerging Ventures Limited. They also have significant influence over the decision making process in Multimedia Polska S.A. through, among other things, their positions as directors and minority shareholders of Emerging Ventures Limited, powers of attorney granted to them by TRI MEDIA HOLDINGS Limited and its subsidiaries and their positions as Co-Chairmen of our Supervisory Board.

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