Dear AmCham Members,
Tommy Ver Elst is the new president of the American Chamber of Commerce in Bulgaria (AmCham). His election was confirmed by the new Board of Directors at its first meeting, held on June 17, 2026.

“Thank you for the trust my colleagues on the Board of Directors of the American Chamber of Commerce in Bulgaria have placed in me! My election as president brings with it both the opportunity to advance the Chamber’s priorities through my collaboration with the Board, the CEO, and the team, and the responsibility to jointly uphold the principles of the market economy and to propose solutions for improving the investment climate and business environment in Bulgaria. And finally – to continue building on the upward trajectory of our business association, which serves as a bridge for economic cooperation between Bulgaria and the United States,”
– Tommy Ver Elst, President of AmCham.
The following individuals were elected to the Board’s Executive Committee, another governing body of the Chamber:

Stanislava Taneva
Citibank Europe AD, Bulgaria Branch, Managing Director for Bulgaria and Director of Corporate Banking for Central and Eastern Europe
First Vice President

Borislav Dimitrov
General Manager, Cisco Systems, Eastern Europe
Second Vice President

Omourtag Petkov
Partner, Djingov, Gouginski, Kyutchukov & Velichkov Law Firm
Treasurer
Board Members (in alphabetical order)

“With the election of our new president, as well as the election of the co-chairs of our committees, the American Chamber of Commerce in Bulgaria now has a full set of renewed and complete governing bodies, through which our work to implement the Chamber’s priorities – including, foremost among them, improving the investment climate and business environment in Bulgaria through constructive solutions, proposals, and projects, will be carried out in full and for the benefit of both our members and specific strategic sectors of the country’s economy and society as a whole.”
Ivan Mihaylov, Chief Executive Officer, AmCham.
About Tommy Ver Elst
Tommy Ver Elst has been Managing Director of Sensata Technologies for Bulgaria since 2011. He manages the Company’s most significant Operations facility in Europe including engineering, customer-focused and shared services departments and represents a team of almost 3,500 people, based across Botevgrad, Plovdiv, and Sofia. He is a key member of the Company’s European Leadership Team. with over 15 years of management experience.
Sensata Technologies is Bulgaria’s largest automotive company, and this year celebrates its 25 Years in Bulgaria. Under Tommy’s leadership, it was honored with the “Factory of the Year 2024” award from Capital; “Team of the Year 2024” by Manager magazine; “Lean Team of the Year” 2024 & 2025 by the Lean Institute Bulgaria; and the “Innovation Award 2025” from KRIB.
Tommy Ver Elst is also the chairman of the Automotive Cluster Bulgaria.







