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    Tomas Spurny leaves PPF Group
    02/26/2009

    PPF Group announces that according to the mutual agreement with the shareholders, Tomas Spurny resigned from the position of Chairman of the Board, PPF a.s., which is main consulting company of the whole Group. As of end of February, Tomas Spurny is to leave PPF’s top management for new career challenges.

    „On behalf of shareholders I would like to thank Tomas Spurny for his remarkable contribution to PPF Group’s transformation into business developer which will focus on three specific business profiles in the future: retail finance services, private equity investments as well as real estate projects. Tomas Spurny’s professional experience from the area of financial and corporate management also contributed substantially to the fact that PPF had adapted successfully and earlier than others to the world’s economic recession“, says Jiri Smejc, PPF Group’s shareholder.

    „I highly value the opportunity provided to me by PPF’s shareholders to undertake the steps which deeply and in a long-term constitute the business activities and the overall business focus of the Group. I appreciate the new experience I got during my tenure with PPF Group, which has undoubtedly enriched me a lot,“ says Tomas Spurny.

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