PTT Oil and Retail Appoints Nisit Wuttipraphan CEO
The user wants a short summary of the article about PTT Oil and Retail appointing a new CEO. Let me analyze the key points: 1. PTT Oil and Retail Business (OR) board approved Nisit Wuttipraphan as new CEO 2. Replaces Mom Luang Pikthong Thon
The board of PTT Oil and Retail Business (OR) has approved Nisit Wuttipraphan as the new chief executive officer, replacing Mom Luang Pikthong Thongyai, whose term ends on February 21, 2027. The company will now negotiate an employment contract and compensation package with the nominee before submitting it to the Ministry of Finance for approval under the State Enterprise Act. Once the ministry gives its endorsement, OR will execute the executive employment contract and formally appoint Nisit Wuttipraphan to the position, then report the appointment to the Stock Exchange of Thailand.