Naftogaz supervisory board to choose new CEO
Any leadership changes at Ukraine’s state energy company Naftogaz will be decided by its supervisory board, Prime Minister Serhii Koretskyi said during parliament’s question hour on Aug. 21, Ukrinform reported.
The Naftogaz supervisory board is responsible for selecting a new CEO, according to Prime Minister Serhii Koretskyi. He made this statement during parliament's question hour on August 21, as reported by Ukrinform. Koretskyi expressed confidence in Ukraine's state energy company Naftogaz's corporate governance structure, which includes a supervisory board that will directly handle personnel changes.
He suggested that a transparent competition should be announced in line with best corporate governance practices. The prime minister preferred the new chief to be appointed after the 2026-27 heating season to ensure a steady transition. Earlier reports hinted at former Prime Minister Yulia Svyrydenko potentially taking over Naftogaz closer to spring 2027, when the supervisory board is expected to hold a competition for the position.
Ekonomichna Pravda reported, based on sources, that the supervisory board could first appoint Svyrydenko to the management board and later assign her the duties of CEO, similar to the procedure used for Gas Transmission System Operator of Ukraine CEO Nataliia Boiko. However, other media reports indicated that no decision had been made on Svyrydenko's possible appointment, and only Naftogaz's supervisory board has the authority to make such a decision.
The supervisory board consists of seven members, with four independent directors and three state representatives, one of which is currently vacant.
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