About the company

PKN ORLEN Bodies and Structure

Daniel Obajtek

President of the Management Board, Chief Executive Officer

Daniel Obajtek has served as President of the Management Board and Chief Executive Officer of PKN ORLEN since February 6th 2018. From 2017 to February 2018, he was President of the Management Board of Energa S.A. In 2017, Energa S.A.’s net profit soared fivefold, and the company was named Company of the Year within the WIG20 blue-chip index, while its stock price jumped 38%. In 2016–2017, heading the Agency for Restructuring and Modernisation of Agriculture, Daniel Obajtek streamlined the processes related to disbursement of billions of złotys worth of EU and national funds and optimised the cost of the Agency’s operations. From July 2016 to February 2018, he was a member of the Supervisory Board of LOTOS Biopaliwa.

As President of the Management Board of PKN ORLEN, Daniel Obajtek has determinedly pursued the mission of turning it into a multi-utility business. In February 2018, he embarked on a process to acquire control of Grupa LOTOS, Poland’s second largest oil refiner. The transaction is to result in a single strong player, capable of competing on foreign markets. Around the middle of 2018, PKN ORLEN launched its largest ever capex projects under the Petrochemicals Development Programme. In parallel, growth capex projects were brought under way at other ORLEN Group companies, involving fertilizer capacity expansion at ANWIL of Włocławek and construction of an eco-friendly glycol unit at ORLEN Południe. In December 2019, PKN ORLEN under Daniel Obajtek’s stewardship initiated a process to acquire the Energa Group, which took just four months to complete, making it one of the fastest processes of this kind in Poland. The transaction will benefit both companies, while furthering PKN ORLEN’s strategic plans to develop zero- and low-carbon energy sources.

In July 2020, Daniel Obajtek and the Minister of State Assets Jacek Sasin signed a Letter of Intent paving the way for the acquisition by PKN ORLEN of the PGNiG Group, the incumbent gas supplier.

In December 2020, PKN ORLEN became the majority shareholder in Ruch, having acquired a 65% ownership interest in the newsagents chain. The investment seeks to strengthen the ORLEN Group’s retail business.

Also in December 2020, PKN ORLEN entered into an agreement to acquire Polska Press from Germany’s Verlagsgruppe Passau Capital Group. With the acquisition, the ORLEN Group will gain access to 17.4m internet users and an opportunity to win new customers. The acquisition of one of the largest publishing groups in Poland and harnessing the capabilities of the media agency Sigma Bis (established by PKN ORLEN jointly with PZU in 2019) and Ruch will enable the Group to create a flexible, personalised and comprehensive offering for greater customer satisfaction.

The past three years witnessed rapid development of the ORLEN Group’s retail chain, including upgrade work to raise the standard of service and enhance the non-fuel offering, through the construction of the ORLEN Stop.Cafe and star Connect bistro concepts and other measures. During that time, the ORLEN Group launched service stations in Slovakia and, after 12 years, opened a new retail outlet in Lithuania. In 2019, a co-branding project was implemented to make the PIU ORLEN Group logo visible on Germany’s Star stations and on Benzina stations across the Czech Republic and Slovakia.

Daniel Obajtek also set in motion a new policy of diversifying oil supplies for the ORLEN Group, by forging and strengthening relations with suppliers from outside Europe, including Africa and the Persian Gulf. These measures allow it to obtain a favourable mix of crudes for processing, optimising production with positive effects on the final quality and price of the Group’s products and overall stability of the market.

ORLEN has been working consistently to improve its brand recognition in Poland and abroad, through sponsorship and other activities. For several years now, it can boast the position of Poland’s most recognisable corporate sponsor of sports. In 2019, it gained sponsorship exposure to Formula 1, having since partnered with Robert Kubica. Since 2020, PKN ORLEN has been the title sponsor of the Alfa Romeo Racing ORLEN team, with Robert Kubica as their test driver.

At the onset of the pandemic in 2020, Daniel Obajtek announced the launch of a special hand sanitiser production line. Moreover, PKN ORLEN allocated PLN 100m to support the fight against the coronavirus. In late October 2020, Daniel Obajtek announced that PKN ORLEN would build temporary hospitals in Płock and Ostrołęka as part of its efforts to fight the pandemic.

Daniel Obajtek has completed the Executive MBA programme run by the Gdańsk Foundation for Management Development and validated by IAE Aix-Marseille Graduate School of Management. He is a member of the Programme Council of the Economic Forum in Krynica and chairman of the Board of the Polish Olympic Committee. He has won a number of prestigious awards, notably the Polish Compass 2018. He was also named President of the year 2018 in the 25th edition of the Bulls and Bears award of Gazeta Giełdy i Inwestorów Parkiet. In 2019, he was awarded the Lech Kaczyński Prometheus Award. From the Judging Panel of the Employers of Poland, he received the Vector 2019 award. In 2020, readers of the Parkiet daily voted him Star of the Year 2020. In the Kaczynski Most Reliable in Polish Economy ranking by the ISB News agency, he received a statuette of the Most Reliable CEO.