Marek Panek - Asseco Poland Vice Chairman of the Management Board

ASOZY Stock  USD 21.10  0.00  0.00%   

Chairman

Mr. Marek Pawel Panek has served as Vice Chairman of the Management Board of Asseco Poland S.A. since June 19, 2007. He is responsible for the Department of Capital Group Development and the EU Project Office. He joined the Company Management Board on March 6, 2004. He was working for Asseco Poland SA since 1995, initially as Marketing Specialist and Sales Director. He has held executive posts in companies of Asseco Group, including Chairman of the Board of Director of Formula Systems Ltd, and Asseco Danmark AS, Member of the Supervisory Board of Asseco Central Europe and Member of the Board of Directors of Sintagma UAB. In his career, he worked for Zaklad Elektroniki Gantel Sp. z o.o., COMP Ltd. Sp. z o.o., COMP Soft Sp. zo.o. and ARMA Sp. zo.o. since 2007.
Age 54
Tenure 17 years
Phone48 17 888 5555
Webhttps://asseco.com
Panek graduated from the Faculty of Mechanical Engineering and Aeronautics of Politechnika Rzeszowska where in 1994 he gained a Master of Engineering degree.

Asseco Poland Management Efficiency

The company has return on total asset (ROA) of 0.0513 % which means that it generated a profit of $0.0513 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1348 %, meaning that it generated $0.1348 on every $100 dollars invested by stockholders. Asseco Poland's management efficiency ratios could be used to measure how well Asseco Poland manages its routine affairs as well as how well it operates its assets and liabilities.
Asseco Poland SA has accumulated 1.57 B in total debt with debt to equity ratio (D/E) of 0.36, which is about average as compared to similar companies. Asseco Poland SA has a current ratio of 1.38, which is within standard range for the sector. Debt can assist Asseco Poland until it has trouble settling it off, either with new capital or with free cash flow. So, Asseco Poland's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asseco Poland SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asseco to invest in growth at high rates of return. When we think about Asseco Poland's use of debt, we should always consider it together with cash and equity.

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Asseco Poland S.A., an information technology company, develops and sells software products primarily in Poland and internationally. Asseco Poland S.A. was founded in 1989 and is based in Rzeszw, Poland. Asseco Poland operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 31898 people. Asseco Poland SA [ASOZY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Asseco Poland SA Leadership Team

Elected by the shareholders, the Asseco Poland's board of directors comprises two types of representatives: Asseco Poland inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asseco. The board's role is to monitor Asseco Poland's management team and ensure that shareholders' interests are well served. Asseco Poland's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asseco Poland's outside directors are responsible for providing unbiased perspectives on the board's policies.
Krzysztof Groyecki, Vice Chairman of the Management Board
Karolina RzoncaBajorek, VP CFO
Andrzej Dopierala, Vice Chairman of the Management Board
Adam Goral, Chairman of the Management Board
Slawomir Szmytkowski, Vice Chairman of the Management Board
Pawel Piwowar, Vice Chairman of the Management Board
Artur Wiza, Vice Chairman of the Management Board
Zbigniew Pomianek, Vice Chairman of the Management Board
Marek Panek, Vice Chairman of the Management Board
Gabriela Zukowicz, Vice Chairman of the Management Board

Asseco Stock Performance Indicators

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