On 17 July 2020, Electrica's Board of Directors took note about the decision of Mr. Valentin Radu to resign from his position as Chairman of the Board of Directors, starting with 18 July 2020, 17 July 2020 being the last day he holds this quality. During the meeting held on the same day, the Board of Directors elected Mr. Iulian Cristian Bosoanca as Chairman of the Board of Directors starting with 18 July 2020 and until 31 December 2020.