Jarek Neverovic, former Lithuanian energy minister and chief advisor to the Lithuanian president on environment and infrastructure issues, has become chairman of the supervisory board of Energoatom, a source in the government told the Energoreforma Internet portal. Neverovic is an independent member of Energoatom’s National Assembly, which was formed back in June 2024, but has not been fully operational until now.
He has held various positions in his country’s government related to the operation of the electricity transmission system, management of investment funds and cooperation with national and multinational corporations.
According to Forbes.ua, citing its sources in Enerhoatom, another independent member of the National Assembly, Timothy Stone, refused to sign a contract, but is considering being an advisor.
As reported, Stone has experience as an independent director of the British Horizon Nuclear Power, a non-executive director of the European Investment Bank and heads the UK Nuclear Industry Association (NIA).
Prior to that, the fact that the supervisory board of Energoatom on Friday, January 17, elects its chairman and will begin full work, Energy Minister German Galushchenko said.
“The issue of corruption, I think, will be solved….. Today the chairman of the supervisory board (“Energoatom” – ER) is already being fully elected. Accordingly, there will be a functioning supervisory board that will monitor all decisions that will be made. From the point of view of corporate governance, I think this is the best way out,” he said during the ‘Hour of questions to the government’, which is broadcast by MP Oleksiy Honcharenko (European Solidarity faction).
The Cabinet of Ministers approved Timothy Stone (Timothy John Stone), Michael E. Kirst and Jarek Neverovic as independent members of the supervisory board of Energoatom by order No. 566 of June 21, 2024, and Timofey Milovanov and Vitaliy Petruk as representatives of the state.
Since then, the Supervisory Board has not fully started its work. Interfax-Ukraine sources specified that the independent members were not satisfied with the amount of remuneration.
The Cabinet of Ministers approved the terms of contracts with members of the NAEK’s supervisory board by Order No. 1224 of November 26, 2024, without disclosing details.
In December of the same year, First Deputy Economy Minister Oleksiy Sobolev said that the government was waiting for a position on the contracts and readiness to continue work from the independent members of Energoatom’s supervisory board, whose first meeting has been open since July 17. According to him, the proposed conditions are in line with salaries in other major Ukrainian energy companies.
In early January 2025, Ukrainian MP Yaroslav Zheleznyak (Golos faction) suggested that international partners should be involved in the discussion of the disruption of the NAEK Energoatom supervisory board.
The EU ambassador to Ukraine, Katarina Maternova, said in a reply to a letter of inquiry from the Interfax-Ukraine news agency on 14 January that the G7 ambassadors had urged Prime Minister Denys Shmygal to ensure the work of the supervisory board of the NAEK Enerhoatom as soon as possible. According to her, having a full-fledged council will be important for discussing significant new investments.
