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New chairman at AAA
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November 14th, 2007 issue

AAA Auto Group, the parent company of AAA Auto, the largest used-car dealer in Central Europe, has appointed Vratislav Kulhánek to the position of chairman of the management board.  

Thanks to his long-term experience in the management of Škoda Auto, where he served as chairman of the board and then of the supervisory board, and his experience in defending the interests of the Czech automobile industry, Kulhánek will now be responsible for optimizing AAA Auto’s administration and management, with a focus on customer relations and development.
Anthony James Denny, who until now also served as chairman of the management board, continues to be the majority owner and CEO of AAA Auto. Since September, AAA has been listed on the Prague and Budapest stock exchanges, where 26 percent of its stock is traded.
The newly founded investment fund of the Discovery Group, called Fund 3C, has tapped Robert Hessenberger to serve as its managing director.
COURTESY PHOTO
Hessenberger
Hessenberger will focus the fund’s developments and investments on real estate in the Czech Republic, Slovakia, Ukraine and Romania, while remaining open to opportunities throughout Central and Eastern Europe. The fund will bring together the Discovery Group’s investment banking and development capabilities under one roof, streamlining decision making.
Hessenberger has more than 20 years’ experience in investment banking, corporate finance and risk management throughout the Central and Eastern Europe. Since 1997, he has operated as head of territory and managing director of BNP Paribas Czech Republic and, prior to that, as general manager of the Prague office of WestLB. Prior to Prague, he served in managerial positions for WestLB in Turkey and Germany as well as ING Bank.
He holds a master’s degree in law from the University of Vienna and a doctorate in law from the University of Salzburg. He is married with two children.
The supervisory board of the petrochemical firm Unipetrol has appointed a new member, Waldemar Maj, for the period until the company’s next general meeting. Maj, 51, has served as the vice president for finance on the board of directors of Unipetrol’s parent, PKN Orlen, since September.
COURTESY PHOTO
Maj
Before joining PKN Orlen, Maj served as vice chairman at BGŽ bank from 2005. From 2003 to 2004, he was chairman of DZ Bank Polska, in Warsaw, and from 2000 to 2002 he worked as a senior associate at McKinsey & Company, also in Warsaw.
Maj studied at the Faculty of Applied Physics and Mathematics at the Warsaw University of Technology and holds a doctorate in physics from the Polish Academy of Sciences. He also holds an MBA in finance from Harvard Business School.
Send information about personnel changes at your company to Paul Voosen at pvoosen@praguepost.com


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