“The situation when signing the contract with a new Chairperson of the Board of Ukrnafta depends on a talk with the Prime Minister is not normal. Especially against the background of the scandal with ‘incentives’ received by his predecessor from minority shareholders, in order to protect their interests of course.
Any backstage arrangements have to pass into history. If the new management of Ukrnafta actually wants to show a new quality of management, it has to start with itself. For example, Mr. Rollins may voluntarily disclose his employment contract, without waiting for the time when media will get its scan copy.
Moreover, there is nothing to hide. Most of the confidential conditions, including wage rates and commitments, have already been publicly announced. On the contrary, such a step may become the first brick in the construction of more efficient corporate governance, and will protect both the management and the shareholders from the temptation to conclude new secret deals.”
The new management of Ukrnafta has to demonstrate new standards of transparency, for example to publish an employment contract of a new Chairperson of the Board. Such opinion was expressed by Roman Nitsovych, an expert of the DiXi Group Think Tank.
“The situation when signing the contract with a new Chairperson of the Board of Ukrnafta depends on a talk with the Prime Minister is not normal. Especially against the background of the scandal with ‘incentives’ received by his predecessor from minority shareholders, in order to protect their interests of course.
Any backstage arrangements have to pass into history. If the new management of Ukrnafta actually wants to show a new quality of management, it has to start with itself. For example, Mr. Rollins may voluntarily disclose his employment contract, without waiting for the time when media will get its scan copy.
Moreover, there is nothing to hide. Most of the confidential conditions, including wage rates and commitments, have already been publicly announced. On the contrary, such a step may become the first brick in the construction of more efficient corporate governance, and will protect both the management and the shareholders from the temptation to conclude new secret deals.”
