CEZ director to donate 100 million crowns to school

The CEO of the Czech power giant CEZ, Martin Roman, will donate 100 million crowns to a new school in Prague, Mlada fronta Dnes writes. For the donation, he is to use one fifth of the 750,000 CEZ shares he is entitled to as company head. The daily writes that the value of this incentive bonus is 700 million crowns before tax. According to the paper, Mr Roman's donation is to support a new private school whose headmaster is President Vaclav Klaus's elder son Vaclav.