Darko Marinac Leaving Position of Podravka Food Concern CEO

Zagreb, May 20 (CP) – The Podravka Concern CEO Darko Marinac is to step down from his positions after eight years, claim unofficial sources.

The news comes as a surprise as there was no indication of such a move and Marinac always maintained he would complete his mandate, which expires in 2010.

Marinac was supported by both PM Ivo Sanader and president Stjepan Mesic, as the state owns a 28-percent stake in the company and other shareholders have no power over decisions made.

It is yet to be seen what is behind this resignation, but rumours have it that the Croatian Peasant’s Party led by Josip Friscic is trying to get a grip on the concern, as earlier it had been impacted by either the Croatian Democratic Union (HDZ) or the Social Democratic Party (SDP).

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