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Interia?s CEO may be fired over growth
strategy
Interia.pl, Poland?s third most popular web directory, may lose its CEO soon because of disagreements over future growth strategy with a key shareholder. Janusz Filipiak, chief executive of Interia?s co-founder, ComArch software house, said he wants to dismiss Tomek Jażdżyński. Mr. Filipiak, a university professor, blamed Jażdżyński for slow organic growth. He also criticized Interia?s ?expensive? acquisition strategy. Cracow-based firm was working on several takeovers using the proceeds of a secondary offering planned later this year. Instead, Filipiak says, Interia.pl should once again look at the plan to sell broadband-related services.
Interia said earlier it would try to sell up to 3 million new shares. The offering will be cut to just 1 million shares, worth approximately 10 million zloty, Filipiak...
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