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The “Top 10” management changes in the second quarter, in our view, included strengthening the group management of a leading online grocery store operator, the first-ever appointment of a woman to the Board of Directors at a major bank and a generational change at the helm of one of the main private equity players in Central Europe. Among other highlights were the placement of a partner of the consulting firm McKinsey & Company to a key role at lender Česká spořitelna, or the arrival of a new sales director to the e-commerce platform MALL Group.

Marek Petruš, Director of Research & Knowledge Management at Bubenik Partners, said the second quarter was marked by two ongoing trends: First, the traditional, brick-and-mortar financial and business sectors are no longer as attractive to management talent as the online business – four out of the top 10 were leadership changes at two companies running online platforms – Rohlík and MALL. Second, women increasingly receive greater opportunities within top management ranks – five out of the top 10 management shifts concerned female managers.

“In past years, classic ‘brick-and-mortar’ corporate institutions, such as banks and retailers with a number of branches, have faced disruption in their traditional business models, and we now see that it is increasingly attractive for leaders and innovators to join, and offer their skills to, fast-growing technology platforms,” said Jan Bubeník, founder and managing partner of the Bubenik Partners.

“We are also glad to note that companies of different sizes and from different business sectors select women for top positions more commonly and naturally than before. More and more companies realize that gender, age, or cultural diversity contributes significantly to enhancing companies innovation, competitiveness as well as employee retention.”

Top 10 management changes in the second quarter of 2020 according to Bubenik Partners

(in alphabetical order) 

Erich Čomor – CEO for Germany at Rohlík Group (previously led Velvon banking  project for the PPF Group in Germany and was a member of the top management of Air Bank and Home Credit)

Dana Fajmonová – Head of People and Culture at Raiffeisenbank (she returned to the company after working at EmbedIT, prior to that she has also worked for Siemens and the consulting company QED Group)

Jitka Haubová – Member of the Board of Directors, Komerční banka (KB) – the first woman on the Board of Directors of this bank in its entire history (since 2012 she had held various managerial roles in KB’s corporate and municipal banking)

Vladimír Klein – CIO at CETIN (previously IT Director at MONETA Money Bank)

Daniela Razimová – Chief Employee Experience Officer at Rohlík Group (she previously worked at Home Credit for 12 years, first as a Group HR Director and then in the German banking project Velvon)

Michal Skalský – Chief Digital and Transformation Officer at Česká spořitelna (he previously worked for over 15 years at the consulting firm McKinsey & Company, where he held a partner role)

Sonia Slavtcheva – CFO at Rohlík Group (previously she held the positions of CFO at GE, Home Credit Group and Allianz pojišťovna)

Jakub Střeštík – Commercial Director at MALL Group (in previous years he headed Kika Nábytek in the Czech Republic and Slovakia, and since January 2018 he had additionally managed Kika in Romania)

Ondřej Vičar – Managing Partner at Genesis Capital (he works for Genesis Capital starting from 2007; Mr. Vičar replaced Jan Tauber, who founded the company more than 20 years ago and built it into a leading private equity player in Central Europe)

Erika Vorlová – Chief Services Officer v GasNet CZ (in previous years she was the HR Director of innogy for the Czech Republic)


“We have selected our 10 management changes of the first quarter of 2020 out of dozens of publicly announced changes that we have registered within our ongoing market monitoring,” said Marek Petruš, Director of Research & Knowledge Management.

“The main criteria for shortlisting included the size of the managed company, the extent of responsibility entrusted to the manager, the complexity of the industry and entitlement to manage the company – as well as the global context, ie how Czech managerial talent succeeded in the regional or global environment,” he added.

 

 

Czech Republic’s Top Management Moves in the Second Quarter of 2020

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The “Top 10” management changes in the second quarter, in our view, included strengthening the group management of a leading online grocery store operator, the first-ever appointment of a woman to the Board of Directors at a major bank and a generational change at the helm of one of the main private equity players in Central Europe. Among other highlights were the placement of a partner of the consulting firm McKinsey & Company to a key role at lender Česká spořitelna, or the arrival of a new sales director to the e-commerce platform MALL Group.

Marek Petruš, Director of Research & Knowledge Management at Bubenik Partners, said the second quarter was marked by two ongoing trends: First, the traditional, brick-and-mortar financial and business sectors are no longer as attractive to management talent as the online business – four out of the top 10 were leadership changes at two companies running online platforms – Rohlík and MALL. Second, women increasingly receive greater opportunities within top management ranks – five out of the top 10 management shifts concerned female managers.

“In past years, classic ‘brick-and-mortar’ corporate institutions, such as banks and retailers with a number of branches, have faced disruption in their traditional business models, and we now see that it is increasingly attractive for leaders and innovators to join, and offer their skills to, fast-growing technology platforms,” said Jan Bubeník, founder and managing partner of the Bubenik Partners.

“We are also glad to note that companies of different sizes and from different business sectors select women for top positions more commonly and naturally than before. More and more companies realize that gender, age, or cultural diversity contributes significantly to enhancing companies innovation, competitiveness as well as employee retention.”

Top 10 management changes in the second quarter of 2020 according to Bubenik Partners

(in alphabetical order) 

Erich Čomor – CEO for Germany at Rohlík Group (previously led Velvon banking  project for the PPF Group in Germany and was a member of the top management of Air Bank and Home Credit)

Dana Fajmonová – Head of People and Culture at Raiffeisenbank (she returned to the company after working at EmbedIT, prior to that she has also worked for Siemens and the consulting company QED Group)

Jitka Haubová – Member of the Board of Directors, Komerční banka (KB) – the first woman on the Board of Directors of this bank in its entire history (since 2012 she had held various managerial roles in KB’s corporate and municipal banking)

Vladimír Klein – CIO at CETIN (previously IT Director at MONETA Money Bank)

Daniela Razimová – Chief Employee Experience Officer at Rohlík Group (she previously worked at Home Credit for 12 years, first as a Group HR Director and then in the German banking project Velvon)

Michal Skalský – Chief Digital and Transformation Officer at Česká spořitelna (he previously worked for over 15 years at the consulting firm McKinsey & Company, where he held a partner role)

Sonia Slavtcheva – CFO at Rohlík Group (previously she held the positions of CFO at GE, Home Credit Group and Allianz pojišťovna)

Jakub Střeštík – Commercial Director at MALL Group (in previous years he headed Kika Nábytek in the Czech Republic and Slovakia, and since January 2018 he had additionally managed Kika in Romania)

Ondřej Vičar – Managing Partner at Genesis Capital (he works for Genesis Capital starting from 2007; Mr. Vičar replaced Jan Tauber, who founded the company more than 20 years ago and built it into a leading private equity player in Central Europe)

Erika Vorlová – Chief Services Officer v GasNet CZ (in previous years she was the HR Director of innogy for the Czech Republic)


“We have selected our 10 management changes of the first quarter of 2020 out of dozens of publicly announced changes that we have registered within our ongoing market monitoring,” said Marek Petruš, Director of Research & Knowledge Management.

“The main criteria for shortlisting included the size of the managed company, the extent of responsibility entrusted to the manager, the complexity of the industry and entitlement to manage the company – as well as the global context, ie how Czech managerial talent succeeded in the regional or global environment,” he added.