With its Order of 24 May 2017 #355-р, the Cabinet of Ministers of Ukraine as Naftogaz’ sole shareholder appointed Oleg Prokhorenko, CEO of Ukraine’s largest gas producer Ukrgazvydobuvannya, and Mykola Havrylenko, CEO of the Ukrainian oil transmission company Ukrtransnafta to Naftogaz executive board. Both companies are 100% owned by Naftogaz.
The appointments were made in line with the new charter of Naftogaz approved by CMU Resolution of 14 December 2016 #1044. According to the charter, the company’s executive board shall include CEOs of its fully owned subsidiaries.
Upon its supervisory board’s decision, Naftogaz submitted a list of candidates to the Cabinet of Ministers of Ukraine in March 2017. Besides Oleg Prokhorenko and Mykola Havrylenko, the list included four more people: Taras Vovkiv, CEO of Ukrspetstransgaz, and Svitlana Niezhnova, CEO of Chornomornaftogaz (both companies 100% owned by Naftogaz), Yaroslav Teklyuk, Director, Legal Affairs and Yuriy Vitrenko, Group Chief Commercial Officer of Naftogaz..
Prior to the recent decision of the shareholder, Naftogaz executive board consisted of chairman Andriy Kobolyev, his first deputy Sergiy Pereloma, Sergiy Konovets and Yuriy Kolbushkin. Now the executive board comprises six members.
Background information: At the beginning of 2014, Naftogaz executive board consisted of 14 members. After the appointment of Naftogaz CEO Andriy Kobolyev in March 2014, the number of the executive board members was reduced to five, including four new members.
NJSC Naftogaz of Ukraine