Apr 29, 2021
Corporate governance reform under threat: Naftogaz CEO fired in violation of procedure
Corporate governance reform under threat: Naftogaz CEO fired in violation of procedure
The Ukrainian Government has dismissed the CEO of the largest state-owned energy company Naftogaz, bypassing the Supervisory Board and violating formal procedures. On April 28, the Ukrainian Government dismissed Naftogaz CEO Andriy Kobolyev, who had held this post for seven years. Kobolyev stated that he learned about the dismissal from the news and will appeal this decision in court. How exactly…
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