12:25 03.02.2017

Naftogaz supervisory board members foreigners sign four-year contracts for EUR 860,000 each, Demchyshyn for $645,000

1 min read
Naftogaz supervisory board members foreigners sign four-year contracts for EUR 860,000 each, Demchyshyn for $645,000

National joint-stock company Naftogaz Ukrainy has published information about the contracts for over UAH 1 million signed in 2016 mentioning the bonuses paid to independent members of its supervisory board.

British MarcusRichards, Charles Proctor and Paul Warwick signed contracts for the period from May 11, 2016 until March 23, 2020 for EUR 860,000, former head of the Energy and Coal Industry Ministry Volodymyr Demchyshyn signed a contract for the period from September 22, 2016 until April 20, 2020 for $645,000.

Thus monthly bonuses to members from Britain will be around EUR 18,700 and $15,000 to Demchyshyn.

There is no contract signed with the fifth member of the supervisory board – Yulia Kovaliv – in the list of contracts signed in 2016.

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