Yuriy Vitrenko, head of the Ukrainian state energy company Naftogaz (Photo by Sergei SUPINSKY / AFP)
The Ukrainian government accepted the resignation of Yuriy Vitrenko, CEO of state-owned Naftogaz, on Tuesday, November 1. according to a company press release.
“By its decision of November 1, 2022, the Cabinet of Ministers of Ukraine approved the resignation of the Chairman of the Board of Naftogaz of Ukraine, Yuriy Vitrenko. Yuriy Vitrenko will continue to hold the position of head of the national company until November 3, 2022 inclusive.
According to Kyiv Post sources inside the company, the reason for Vitrenko’s resignation is the difficult relations with the President’s office. Several Kyiv Post sources also believe that Oleksiy Chernyshov, Minister of Community and Territorial Development, could be appointed in his place.
According to the procedure, Vitrenko should be removed from office by the supervisory board of Naftogaz, but the cabinet of ministers, which currently performs the functions of the national assembly, can do so.
Vitrenko was appointed on April 28, 2021 after the dismissal of former leader Andriy Kobolyev. In early September, the Reuters news service reported that Vitrenko was prepared to step down if it helped convince investors to back the company’s debt restructuring proposal.