Public Broadcasting Company of Ukraine (Suspilne Ukraine), a public broadcaster in Ukraine, focuses extensively on improving its corporate governance. Specifically, it treats as important to permanently improve the contractual regulation of relations between the company and members of its Supervisory Board and Management Board.
Vasil Kisil & Partners’ lawyers have updated employment agreements with members of the Management Board and have drafted an agreement for members of the Supervisory Board of Public Broadcasting Company of Ukraine. The new agreements reflect the recent legislative updates on joint stock companies and mass media and adopt the best global and national approaches to regulating employment relations and remuneration.
The project team included Volodymyr Igonin, Partner, and associate Olha Lynnyk, who advised on corporate governance, and Valeriya Bezpala, Partner, and associate Vitalii Meliankov, who acted as experts on labour law.
“It is one of the preconditions for effective corporate governance that Suspilne Ukraine has up-to-date, transparent, effective employment contracts both with the company's Management Board and members of the Supervisory Board. We are thankful to our trusted legal partners for their prompt, comprehensive and excellent work,” says Dmytro Kozlov, member of Suspilne Ukraine Management Board who is responsible for HR.
“I am grateful to Vasil Kisil and Partners’ team for their competence, professionalism, and effective interaction with members of Suspilne Ukraine management bodies during the drafting of contracts. The prepared documents indeed serve as a quality parameter of our cooperation. I believe that their implementation is just another essential step to develop the corporate governance at Suspilne Ukraine,” comments Kateryna Polyvach, corporate secretary at Suspilne Ukraine.
Commenting on the project, Volodymyr Igonin notes, “We are extremely pleased to help Suspilne Ukraine improve its corporate governance. Suspilne Ukraine has a forward-thinking team whose members are open to implementing effective mechanisms enabling the company's management bodies to work fruitfully and transparently. In addition, we do admire the work Suspilne Ukraine does.”