Industrogradnja today informed the Zagreb Stock Exchange about the decisions of the Supervisory Board regarding the appointment of two new members of the Management Board: Adam Teeger and Ivon Pavelić.
Prior to his appointment to the Management Board, Ivon Pavelić resigned from his position on the Supervisory Board of Industrogradnja, and the Supervisory Board also accepted the resignation of Radmila Zirić from the Management Board, who will continue to work at Industrogradnja in her previous roles.
Adam Teeger is a co-founder of the fund management company Ethemba Capital Ltd. From 2000 to 2006, he was employed as a director at Shore Capital Ltd, a management company within the investment bank Shore Capital Plc, which is listed on the London Stock Exchange, where he was responsible for five private equity funds. Teeger’s extensive experience includes capital raising, lending, and so-called ‘mezzanine’ financing of real estate projects. At the corporate level, Teeger has worked on projects from the initial land development phase to the completion of initial public offerings of finished projects. Some specific projects included the construction of office buildings in Sofia and Varna (Bulgaria) and the construction of a hotel complex on the Black Sea. Some of the companies Teeger has collaborated with include Orchid Development, Puma Brandenburg, and Telford Homes. Teeger is a lawyer in the United Kingdom and an officer of the Supreme Court of England and Wales.
