| Executive Board |
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Chairman of the Board of Directors since 7th July, 2000, Chairman & Chief Executive Officer since 11th June, 2001, member of the Board since 24th February, 1999.
Member of the Corporate Governance and Remuneration Committee.
Between 1989-1994 he occupied various posts at the Kereskedelmi és Hitelbank Plc., and from 1992 to 1994 he was its Deputy General Manager. He was CEO of the Central Bank of Hungarian Savings Cooperatives between 1994 and 2001, and a member of its Board of Directors from 1994 to 2002. Between 1995 and 2001 Mr. Hernádi was Board member of the Hungarian Banking Association. Since 2001 he has been a member of the European Round Table of Industrials. Since September, 2009 he has become the honorary citizen of the Corvinus University of Budapest.
Member of the Corporate Governance and Remuneration Committee.
Between 1989-1994 he occupied various posts at the Kereskedelmi és Hitelbank Plc., and from 1992 to 1994 he was its Deputy General Manager. He was CEO of the Central Bank of Hungarian Savings Cooperatives between 1994 and 2001, and a member of its Board of Directors from 1994 to 2002. Between 1995 and 2001 Mr. Hernádi was Board member of the Hungarian Banking Association. Since 2001 he has been a member of the European Round Table of Industrials. Since September, 2009 he has become the honorary citizen of the Corvinus University of Budapest.
Group CEO and member of the Board of Directors since 19th July, 1999.
Chairman of the Sustainable Development Committee.
Chairman of TVK Plc.
From 1974 onwards he worked for the Hungarian Agency of Shell International Petroleum Co. and from 1986 he held the position of commercial director. In 1991 he worked at Shell headquarters, London. Between 1992-93 he was managing director of Shell-Interag Ltd. and from 1994 to 1999 Chairman and Chief Executive Officer of Shell Hungary Rt. During this period he became Chairman of Shell’s Central & East European Region and CEO of Shell Czech Republic in 1998. Honorary President of the Association of Joint Ventures and vice-chairman of the Hungarian Chamber of Commerce & Industry., vice president of Confederation of Hungarian Employers and Industrialists.
Chairman of the Sustainable Development Committee.
Chairman of TVK Plc.
From 1974 onwards he worked for the Hungarian Agency of Shell International Petroleum Co. and from 1986 he held the position of commercial director. In 1991 he worked at Shell headquarters, London. Between 1992-93 he was managing director of Shell-Interag Ltd. and from 1994 to 1999 Chairman and Chief Executive Officer of Shell Hungary Rt. During this period he became Chairman of Shell’s Central & East European Region and CEO of Shell Czech Republic in 1998. Honorary President of the Association of Joint Ventures and vice-chairman of the Hungarian Chamber of Commerce & Industry., vice president of Confederation of Hungarian Employers and Industrialists.
Member of the Board of Directors since 12th October, 2007.
Group Chief Financial Officer since 3rd September, 2004.
From 1978 to 2001, Mr. Molnar held various management positions at BorsodChem Plc., including Head of Pricing Department from 1982 to 1987, and Head of Controlling Department from 1987 to 1991. Between 1991 and 2001 as Chief Financial Officer and first deputy to the CEO. He contributed to the crisis management and reorganisation of the company and later to the creation of its vision, and subsequent privatisation. He played a key role in the stock exchange listing of BorsodChem shares. He was CEO of TVK between 2001 and 2003 and MOL Group Planning and Controlling Director until his appointment as Group CFO in September 2004. Since April 2001 he has been a Board member of TVK and between 2004 and 2008 a Board member of Slovnaft a. s.
Group Chief Financial Officer since 3rd September, 2004.
From 1978 to 2001, Mr. Molnar held various management positions at BorsodChem Plc., including Head of Pricing Department from 1982 to 1987, and Head of Controlling Department from 1987 to 1991. Between 1991 and 2001 as Chief Financial Officer and first deputy to the CEO. He contributed to the crisis management and reorganisation of the company and later to the creation of its vision, and subsequent privatisation. He played a key role in the stock exchange listing of BorsodChem shares. He was CEO of TVK between 2001 and 2003 and MOL Group Planning and Controlling Director until his appointment as Group CFO in September 2004. Since April 2001 he has been a Board member of TVK and between 2004 and 2008 a Board member of Slovnaft a. s.
Exploration and Production Executive Vice President since September, 2004.
Between 1990 and 1991 he was an associate at Creditum Financial Consulting Ltd. and then, between 1992 and 1995 he held various positions at Eurocorp Financial Consulting Ltd. From 1995 to 1997 he managed the MOL Privatization Department, and from 1997 until 1999 he was director of the Capital Markets. From 1999, Mr. Áldott served as Director of Strategy and Business Development. From November 2000, he acted as Chief Strategy Officer and then, since June 2001, as Group Chief Strategy Officer. Since September 2004, he has been Managing Director of MOL Exploration and Production Division. He is also deputy Chairman of Supervisory Board of INA d.d., and Board member of the Budapest Stock Exchange.
Between 1990 and 1991 he was an associate at Creditum Financial Consulting Ltd. and then, between 1992 and 1995 he held various positions at Eurocorp Financial Consulting Ltd. From 1995 to 1997 he managed the MOL Privatization Department, and from 1997 until 1999 he was director of the Capital Markets. From 1999, Mr. Áldott served as Director of Strategy and Business Development. From November 2000, he acted as Chief Strategy Officer and then, since June 2001, as Group Chief Strategy Officer. Since September 2004, he has been Managing Director of MOL Exploration and Production Division. He is also deputy Chairman of Supervisory Board of INA d.d., and Board member of the Budapest Stock Exchange.
Executive Vice President of MOL Refining and Marketing Division, a unit integratedwith Slovnaft since November, 2003. He is the chairman of the Board of Directors of IES Mantua and he has been member of the Board of Directors of Slovnaft since May, 2007
From 1984 until 1989, he worked for Mineralimpex, the Hungarian Foreign Trade Company for Oil & Mining Products, in the fields of crude oil and natural gas imports and crude oil product exports. Between 1991 and 1997, he was Managing Director of Allcom Trading Co., the Hungarian Mineralimpex-Phibro Energy joint-venture, dealing with the European trading of crude oil and oil products. He joined MOL Plc. in 1998 as Director of LPG Business Unit and worked from January 2001 onwards as Sales Director, being responsible for the sales of MOL’s entire product range. In 2002 he became Commercial Director as sales activities having broadened to encompass the supply of crude oil and raw materials necessary for the refining of crude oil.
From 1984 until 1989, he worked for Mineralimpex, the Hungarian Foreign Trade Company for Oil & Mining Products, in the fields of crude oil and natural gas imports and crude oil product exports. Between 1991 and 1997, he was Managing Director of Allcom Trading Co., the Hungarian Mineralimpex-Phibro Energy joint-venture, dealing with the European trading of crude oil and oil products. He joined MOL Plc. in 1998 as Director of LPG Business Unit and worked from January 2001 onwards as Sales Director, being responsible for the sales of MOL’s entire product range. In 2002 he became Commercial Director as sales activities having broadened to encompass the supply of crude oil and raw materials necessary for the refining of crude oil.
Corporate Centre Executive Vice President since April 2006.
Between 1991-1992 he worked as an SAP expert at General Electric – Tungsram. After that he was employed as auditor and consultant at Arthur Andersen. In 1995 he participated in the French INSEAD MBA programme. In 1996 he joined the Boston Consulting Group, where he held various managerial positions in Hungary, Germany and Australia. In 2003 Mr. Simola joined MOL Plc., since April 2006 he has been Corporate Centre Executive Vice President. Mr. Simola has been Chairman of the Supervisory Board of Slovnaft a. s. since April 2008. Member of the Board of Directors of IES S.p.A. Mr. Simola holds an MBA degree from INSEAD, which he completed in 1996.
Between 1991-1992 he worked as an SAP expert at General Electric – Tungsram. After that he was employed as auditor and consultant at Arthur Andersen. In 1995 he participated in the French INSEAD MBA programme. In 1996 he joined the Boston Consulting Group, where he held various managerial positions in Hungary, Germany and Australia. In 2003 Mr. Simola joined MOL Plc., since April 2006 he has been Corporate Centre Executive Vice President. Mr. Simola has been Chairman of the Supervisory Board of Slovnaft a. s. since April 2008. Member of the Board of Directors of IES S.p.A. Mr. Simola holds an MBA degree from INSEAD, which he completed in 1996.
