Appointment of Sergii Koretski as CEO of Naftogaz Group

The Supervisory Board of Naftogaz is pleased to announce that Sergii Koretskyi has been appointed the new Chief Executive Officer of Naftogaz Group.

Mr. Koretskyi is currently CEO of Ukrnafta and Ukrtatnafta, and as such, comes to his new position from within the Naftogaz family of companies.  He will assume his responsibilities as Naftogaz CEO on May 14, 2025.

The Supervisory Board thanks Roman Chumak for his valuable and tireless service as Acting CEO of Naftogaz Group.  Mr. Chumak will resume his responsibilities as CFO of Naftogaz.

Mr. Koretskyi has led Ukrnafta and Ukrtatnafta as CEO since 2022.  Prior to these roles, he had leadership positions at Continuum Group, WOG and Idealist Coffee Co.  Mr. Koretskyi has high degrees in Engineering Mechanics and Business Economics from Lutsk State Technical University, and in Oil & Gas Engineering from Ivano-Frankivsk National Technical University.

The Supervisory Board conducted a worldwide search for our new CEO on a wholly independent basis, following the highest standards of corporate governance.  We evaluated and interviewed a wide range of qualified candidates from both within and outside Ukraine before making our selection.  With his combination of successful experience in both the SOE and private sectors, we are confident that Mr. Koretskyi will lead Naftogaz with great effectiveness through both the current wartime challenges and the coming post-war economic expansion.

Mr. Koretskyi has the unanimous support and commitment of the Supervisory Board.  We look forward to working with him to realize the full potential of Naftogaz and to fulfill its important role in the Ukrainian economy.  

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