After almost 36 years of building its position as the largest distributor of electronic equipment in the CEE region, AB Group founder Andrzej Przybylo is handing over the reins. Zbigniew Mądry, hitherto Vice President for Operations, has been appointed the new President of the Management Board.
The supervisory board’s decision is not a market surprise. The new CEO has been with the company continuously since 1992. For decades, as chief operating architect, he co-founded the company, expanding its influence in the markets of Poland, the Czech Republic and Slovakia. Alongside him, Grzegorz Ochędzan, the long-standing CFO, remains on the new board.
Change comes at a crucial time for the technology industry. AB Group, now ranked among the top five European and top 15 global IT distributors, is posting record results. The handover coincides with a new business cycle driven by global megatrends.
Company authorities will need to skilfully discount the growing demand for hardware infrastructure associated with the artificial intelligence revolution, the accelerated digital transformation of the economy and increased investment in cyber security. An additional and strong growth driver remains the efficient handling of lucrative public tenders.
The current condition of the Wrocław group allows it to finance further growth while generously rewarding shareholders. The board has proposed a record dividend of £6.45 per share for the 2024/2025 financial year, an impressive 115 per cent year-on-year increase.
The proposal has received a favourable opinion from the supervisory board and awaits final approval at the general meeting scheduled for 26 March this year. It is this event that will formally inaugurate the new term of the company’s authorities.
