The board as the executive body of the company includes the chairman and the board members who are officers of the company.
According to the December 2015 Regulation on the company's executive board, members and chairman of the board are elected by the general meeting based on proposals from the committee on nomination and remuneration of the supervisory board; the first deputy and deputy chairman are elected by the board from among its members. One person can be elected to the board repeatedly.
Chief executive officer (chairman of the executive board) since 25 March 2014
Andriy began his career at the international audit and consulting group PriceWaterhouseCoopers (PWC), where he specialized in issues of strategic management and corporate transformation. From 2002 to 2010 he worked at Naftogaz, rising from a chief specialist to adviser to the chairman. Some time later, Andriy co-founded AYA Capital investment banking group where he focused on debt and equity capital raising, debt restructuring and corporate reorganizations of large enterprises and holdings. Andriy holds a master's degree in international economic relations with honors from the Institute of International Relations at Kyiv Shevchenko National University.
First deputy chairman since August 2014
Sergiy has more than 14 years experience in the oil and gas industry and manages divisions responsible for transit and supply of natural gas, customs clearance, gas sales and gas balancing. He has extensive experience in finance, banking and insurance sectors. Sergiy graduated from the Institute of International Relations at Kyiv Shevchenko National University.
Deputy chairman since April 2014
Sergiy is responsible for financial and economic management in Naftogaz. Sergiy has 20 years of professional experience in strategy development, business development, finance and audit with international companies. He worked for leading audit companies Deloitte and EY. Before his appointment to Naftogaz, Sergiy worked at international consultancy Boston Consulting Group. He also was a business development and strategic planning manager at international agriculture holding Bunge located in Switzerland. Sergiy holds an MBA degree from the International Institute for Management Development (IMD) in Lausanne, Switzerland.
Member of the executive board since February 1999
Yuriy has worked at Naftogaz since the company was founded. He is responsible for taxation, pricing policy, budgeting and economic relations. Before moving to oil and gas industry, he worked for 15 years in the Finance Ministry of Ukraine. Yuriy graduated from the Kyiv Institute of National Economy, holds a doctoral degree in economics and is a member (academic) of the Ukrainian Academy for Oil and Gas.
Oleksadr Todiychuk held the post of the deputy chairman and served on the executive board of the company for the period from April 2014 to March 2015. Unfortunately, his powers were terminated in connection with his death.
REMUNERATION OF THE BOARD MEMBERS
The system of remuneration corresponds to the structure and level established in the market and takes into account not only the personal performance, but the business situation of the company, its financial condition and prospects.
In 2015, remuneration of the board members, including salaries and additional current premiums amounted to UAH 5.6 million (in 2014 — UAH 6.2 million).