Radovan Vítek and Marie Vítek have resigned from CPI Property Group’s Board of Directors and Jonathan Lewis has been co-opted to the Board of Directors. Mr. Lewis is an independent real estate consultant who practised for 40 years as a solicitor, most recently as a partner at international law firm CMS. CPIPG's board now consists of three independent directors (Edward Hughes, Omar Sattar, and Jonathan Lewis) and four members of management (Martin Nemecek, Tomas Salajka, Philippe Magistretti, and Oliver Schlink).
According to the company’s press release, as CPIPG grew in scale and reputation, Mr. Vítek hired professionals to manage the Group. Mr. Vítek and his wife Marie remained members of the board of directors and fully supported measures to strengthen corporate governance and increase board independence. Over time, Mr. and Mrs. Vítek participated less actively in board meetings and administration.
Mr. Vítek will celebrate his 50th birthday in January and recently suffered the death of his father. In commemoration of these events, Mr. and Mrs. Vítek decided to retire from the board of directors of CPIPG today, with immediate effect. Mr. Vítek also retired from the board of CPIPG’s subsidiary, Remontees Mecaniques Crans-Montana Aminona (CMA) in June 2020.
Mr. Vítek will retain clear majority ownership of CPIPG and expects the Group to be family-owned for generations to come, the press release adds.
“Out of the remnants of socialism in the 1990s, Radovan Vítek built a world-class company,” said Edward Hughes, Chairman of CPIPG. “On behalf of the board of directors, I want to thank Radovan for his long-term vision, enthusiasm and infinite commitment to CPIPG.”
Jonathan Lewis was co-opted to the board of CPIPG and became the Group’s third independent director. Based in London, Mr. Lewis is an independent real estate consultant who practised for 40 years as a solicitor, most recently as a partner at international law firm CMS.
“Jonathan has extensive experience in commercial real estate,” said Martin Němeček, CEO of CPIPG. “The Board of Directors looks forward to Jonathan’s wisdom and active participation as we chart the path forward for our highly successful company.”
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