The Supervisory Board of Podravka d.d. has established the following subcommittees: Audit Committee, Remuneration Committee and Appointments Committee.
The Audit Committee is authorised to monitor financial reporting procedures, the effectiveness of the internal control, internal audit and risk management systems, oversee the implementation of audits of consolidated annual financial reports, monitor the independence of independent auditors or audit companies performing audits, particularly concerning additional service contracts, discuss plans and annual internal audit reports and other significant areas pertaining thereto, give recommendations to the Supervisory Board for the selection of independent auditors or audit companies.
The Remuneration Committee is authorised to make recommendations to the Supervisory Board concerning the remuneration policy for members of the Management Board at least once every three years, to make annual recommendations to the Supervisory Board concerning remuneration to be received by members of the Management Board based on the assessment of Company results and their personal results, and following consultations with the Chairperson of the Management Board, to make proposals to the Supervisory Board concerning the remuneration policy for members of the Management Board to be forwarded for approval by the Company General Assembly, to oversee the amount and structure of remunerations for upper management and employees as a whole, to give recommendations to the Management Board on its policies, and to oversee the preparation of the legally prescribed compulsory annual report on remunerations requiring the approval of the Supervisory Board.
The Appointments Committee is authorised to oversee the process of appointments to the Supervisory Board and the Management Board to ensure fairness and transparency, to develop the described roles and candidates for each vacant position in accordance with the profile of the Management or Supervisory Board (in consultation with the Chairperson of the Management or Supervisory Board), and to identify and give recommendations of appropriate candidates for the Supervisory Board, while seeking independent candidates for the Supervisory Board to confirm that the candidates are independent, to arrange terms for appointments with potential new members of the Management or Supervisory Board, including the extent of time necessary for the exercise of their function, to prepare the succession plan for reappointments or replacement of members of the Supervisory or Management Board, in consultation with the Chairperson of the Supervisory or Management Board, to oversee progress in achieving the goals of female representation on Supervisory and Management Boards, and to oversee the policies of the Management Board in the selection and appointment of Company senior management.
President of the Supervisory Board
Mr. Želimir Vukina has been elected a member of the Supervisory Board of Podravka d.d. in June 2019.
President of the Nomination Committee,
a member of the Board of Auditors and of the
Remuneration Committee of
His professional career begins at Pliva d.d. company, in 1985. During his years of employment with Pliva d.d. he performed the duties of the Sales and Marketing Manager of the Pharmaceuticals programme, and later on also of the Director of the Pharmaceuticals programme. In 1993, takes the function of the Vice-president of the Board of Directors of Pliva d.d. who is responsible for sales and marketing of all business programmes as well as purchase coordinator jobs, legal affairs, general administrative services and logistics. Mr. Vukina was also a member of the narrowest Team which prepared and carried out the initial public offering (IPO) and listing of the Pliva shares on the Zagreb and the London Stock Exchange. In 1999, he has transferred to Lura d.d. to occupy the position of the General manager. In 2002, he continues his career at Adris grupa d.d. as a member of the Development Management Board. Since 2012 he is employed with the law firm Vukina & Partneri d.o.o. as a business consultant.
He has graduated from the Faculty of Economics and Business of the University of Zagreb in 1985.
Mr. Vukina specialised and perfected his professional expertise at IEDC Business School of Bled (Slovenia) and at Cleveland State University Ohio, SAD, and also at Cornell University, Johnson Graduate School of Management, Ithaca, N.Y., SAD, and Insead, Fontanableau, France.
Vice-president of the Supervisory Board
Mr. Luka Burilović has been elected a member of the Supervisory Board of Podravka d.d., as of September 8, 2018.
President of the Remuneration
Committee and a member of the Nomination
Committee of Podravka d.d.
Upon completing postgraduate specialist studies in economics and management at the Faculty of Economics, University of Osijek, he received his doctorate from the same university. Prior to his appointment as President of the Croatian Chamber of Economy (HGK), je was deputy chairman and then chairman of the management board of Sladorana d. d. in Županja.
From April 2004 to February 2006, he served as Assistant Minister in the Ministry of Agriculture, Forestry and Water Management. From 1996 to 2004, he was deputy head of the municipality of Nijemci, and prior to that, he owned and ran the company Agrotehna from Lipovac.
He served as a volunteer soldier during the Homeland War.
Member of the Supervisory Board
Mrs. Ksenija Horvat has been appointed a member of the Supervisory Board of Podravka d.d. in July 2019, on the part of the Workers’ Council of the Company.
Mrs. Horvat has begun her professional career at Podravka in 1984, in administrative jobs, and after successful on-the-job training and study-scheme she began working in a variety of administrative officer jobs in the job market of the Republic of Croatia.
Since 2001, as a commissioner of the majority union at Podravka – the PPDIV Union, she has transferred to full-time job for the union and since then until today she is one of the top union negotiators in promotion of the labour rights of the Podravka workers through the Collective Agreement for the Podravka Group.
In 2002, she has been elected for the first time to the Workers’ Council of Podravka d.d. where, since 2013 until now, she holds the office of the president.
Between 2004 and 2012, she was the representative of the workers in the Supervisory Board of Podravka for the first time, and in that period she also held the office of the vice-president of the Supervisory Board and then of the acting president of the Supervisory Board in the period between 2009 and 2010.
Member of the Supervisory Board
Mr. Petar Miladin has been elected a member of the Supervisory Board of Podravka d.d. in June 2018, with the beginning of the term of office as of September 8, 2018.
Member of the Remuneration Committee of Podravka d.d.
Mr. Petar Miladin was born at Dubrovnik in 1973. He completed a general-programme secondary school at Zagreb and graduated from the Faculty of Law in Zagreb. Upon completion of the studies he was employed at the Municipal and the Commercial court of Zagreb as a trainee (law clerk). He passed a bar examination in 1999. He is a full professor at the Faculty of Law of the University of Zagreb of subjects such as commercial law, corporate law and banking law. Since October 2013 until October 1, 2015 he was a vice dean at the Faculty of Law of the University of Zagreb. He took a master degree in the post-graduate programme of scientific studies in commercial law and corporate law at the Faculty of Law of the University of Zagreb by defending a master thesis titled Banking secret and banking information in 1999. On January 27, 2005, he defended a doctoral dissertation titled Payment by remittance at the Faculty of Law of the University of Zagreb, and acquired the academic title of doctor of sciences in the scientific field of law (SJD). As of May 5 1997, he was employed at the University of Zagreb as a junior assistant at the Department of commercial law and corporate law. He published fifty-odd scientific papers in the area of Commercial law, Banking law and the Capital market rights. He teaches at the Faculty of Law of the University of Zagreb in the programme of doctoral studies in commercial law and corporate law the following subjects: commercial law, corporate law and banking law.
Member of the Supervisory Board
Mr. Krunoslav Vitelj has been elected a member of the Supervisory Board of Podravka d.d. in June 2018, with the beginning of the term of office as of September 8, 2018.
Member of the Nomination Committee of Podravka d.d.
He began his professional career in 1977 at Podravka, where until 1991 he occupied several executive positions. In 1991, he became a mayor in the Municipal Council of Koprivnica, and in 1993 he transferred to the Ministry of the Interior of the Republic of Croatia, Police Administration of the County of Koprivnica-Križevci to the position of the prefect of the Department of Civil Defence, Fire Protection and Inspection. He returned to Podravka in 1995, as a legal and personnel advisor to the president of the Board of Directors, and in 1996, he became a director of the HGK – County Chamber of Economy of Koprivnica, a position he still occupies today.
He has graduated from the Faculty of Economics and Business of the University of Zagreb, where he also acquired a master degree in 1995. In 2008, he acquired qualifications in Corporate management for members of the Supervisory and Management Boards at the Faculty of Economics and Business of the University of Zagreb.
Member of the Supervisory Board
Mrs. Dajana Milodanović has been elected a member of the Supervisory Board of Podravka d.d. in June 2018, with the beginning of the term of office as of September 8, 2018.
She began her professional career in 2004 at the bank Banka Kovanica d.d., Varaždin, as the Head of a Branch Office – Bjelovar, Virovitica and Koprivnica. In 2011, she transferred to Hrvatska poštanska banka d.d., Zagreb to the position of the Head of the Branch Office Koprivnica, Regional centre Varaždin. She has continued her career at Hrvatska poštanska banka d.d., Zagreb, and since 2015 has worked in the Division of Business Operation with Population, first at the Sales Network Management Directorate and then at Business Development Directorate. Since 2020, she works in the Service Model and Sales Personnel Development Office.
Mrs. Dajana Milodanović is a member of the Town Council of the Town of Đurđevac, of the County Council of the Koprivnica-Križevci County. She also holds the office of the president of the Management Council of the Day Nursery Centre „Maslačak“ Đurđevac, of the president of the Supervisory Board of the municipal services Komunalne usluge Đurđevac d.o.o. , and of the president of the Supervisory Board of Regional Association of sports organizations of the town Đurđevac. She was a member of the Management Council of „PORA“ Development Agency of Podravina and Prigorje for promotion and implementation of developmental activities in the Koprivnica-Križevci County.
In 2004, she completed the course of studies of accounting and finance at the Faculty of Economics and Business of the University of Zagreb, and in 2011, she acquired the title of the professional specialist in economics having completed the course of studies in Banking, Insurance and Financial Management at the High Business School Libertas, the accredited private college.
Member of the Supervisory Board
Mr. Tomislav Kitonić has been elected a member of the Supervisory Board of Podravka d.d. in June 2019.
Member of the Audit Committee of Podravka d.d.
He has begun his professional career as a production technologist at Ledo d.d., to be promoted later to a deputy laboratory manager. In 2000, he became assistant to the production manager, and three years later the International Production Operations Manager, and in 2004, the Production Manager. In 2008, he became the president of the Board of Directors of Ledo d.d. and he held this office for the next 6 years.
In 2003, he became a co-owner of the company Bik d.o.o. in Čazma, and since 2014, he is its 100% owner and procurator. In 2012, he became a co-owner of the company Moslavina proizvodi d.o.o. at the locality of Siščani. In the period between 2015 and 2016, he has held the office of the appointed director of Pestova Shpk at the European Bank for Reconstruction and Development (EBRD).
He graduated from the Faculty of Economics and Business of the University of Zagreb. He perfected his professional qualifications in the course of studies at IEDC – Business School Bled in Slovenia, Central European Management in Belgium and has acquired qualifications in Corporate management for members of the Supervisory and Management Boards at Zagreb.
Member of the Supervisory Board
Mrs. Marina Dabić has been elected a member of the Supervisory Board of Podravka d.d. in June 2019.
She has begun her professional career in 1983 with employment at the company Đuro Đaković, Marsonia Commerce on import export position jobs, and later on as the Import manager. From 1995 to 2007, she works at the Faculty of Mechanical Engineering at Slavonski Brod, and since 2004, as the vice dean for cooperation with the economy. Since 2007 until today, she has been employed at the Faculty of Economics and Business of the University of Zagreb as a full professor in permanent employment, and as the associate professor at the Nottingham Business School, Nottingham Trent University (Great Britain) in the courses of studies in International Business, Open innovations in global networks and International Entrepreneurship. She is the Head of international accreditations at the Faculty of Economics and Business in Zagreb.
She has graduated from the Faculty of Economics and Business of the University of Zagreb in 1983, in the course of studies of Marketing. In 1989, at the same Faculty she acquired the title of the Master of Science in the field of Placement theory and policy – Marketing, with the thesis Joint Investments, and in April 2000, she acquired the title of the Doctor of Science defending the doctoral thesis titled International Technology Transfer and the position of the Republic of Croatia in international exchange.
During the period from 2006 to 2007, she was the director of the strategic development of the Regional Cooperation Consortium in science, medicine and technology (RECOOP HST Cedars - Sinai Medical Center), Los Angeles, USA and the Faculties of Medicine of the Central and Eastern Europe.
She perfected herself and specialized professionally in area of the knowledge transfer and strategic management at the Ceder Sinai Hospital, Los Angeles, Strathclyde University, Glasgow.
In 2013, she was a visiting professor at the Columbus State University, USA, and invited lecturer at various universities in India, Finland, Denmark, Malta, Italy, Spain.
Prof. DSc. Marina Dabić is the head and/or grandholder of over ten European projects, such as: Tempus, Erasmus+, Leonardo da Vinci, Horizon 2020-RISE.
She is editor and author of 7 books of prestigious editors Springer, Palgrave McMilann. She has published 30 chapters in the books. She is the author of over a hundred scientific papers indexed in the scientific base Scopus and she is the most quoted female scientist in the field of economy and business economy.
Since 2018, she has been a co-editor of such prestigious journals as the Technological Forecasting and Social Change, Elsevier, IEEE-Transaction in Engineering Management Technology in Society, Elsevier. She is a member of ten-odd editorial boards of the journals such as: Journal of Business Research, International Journal of Physical Distribution & Logistics Management, Journal of Knowledge Management, Emerald and others.
As of 2015, Prof. Marina Dabić is a regular evaluator for the European Commission of prestigious projects Obzor 2020 in area of circular economy and other projects within the frame of the Obzor 2020 projects. She is a member of the EPAS evaluation committee for the European Foundation Management Development (EFMD). She was a president of the AZVO reaccreditation team for the Faculty of Economy of Rijeka and the Faculty of Economy of Osijek, a member of the executive evaluation committee BICRO, a consultant for the World Bank. She prepared a background report for OECD and EC HEInnovate. 5 doctoral dissertations have been defended under her tutorial.
Member of the Supervisory Board
Ivan Ostojić has been elected a member of the Podravka d.d. Supervisory Board in June, with the beginning of the term of office as of June 30, 2021.
He began his professional career in 1997 in the Croatian Ministry of Finance in the Directorate for the Financial System and Capital Markets. After completing his internship, he became an advisory in the same Directorate. During 2000–2001, he served as a member of the Executive Board of the Directorate for the Supervision of Insurance Companies, and as chairperson of the Examination Committee for the authorised insurance agent examination.
In 2001, he joined Wüstenrot Stambenu Štedionicu d.d. Zagreb as the head of the Loans Department and serves as Procurator. In 2007, he became a Member of the Executive Board of Wüstenrot Stambene Štedionice d.d. Zagreb responsible for sales and marketing, risk management and the treasury and loans back office.
He graduated from the Faculty of Tourism and Foreign Trade, University of Dubrovnik in 1996, and received his Master’s degree from the Faculty of Political Science, University of Zagreb in 2000, with the defence of his thesis entitled “Introduction of the Euro and the impacts on the Croatian banking system”.
He is a member of the Supervisory Board of Luke Ploče d.d. and is a licenced insurance agent. He has taken part in coaching training.
Mrs. Ivana Matovina has been appointed a President of the Audit Commitee of Podravka d.d. in June 2021., with the beginning of the term of office as of June 30, 2021.
She began her professional career in 1996, as a Head of the Accounting Department, and from 1997 to 2009, she was employed at KPMG Croatia d.o.o. After that until 2011, she worked as a partner and director of the company Cinotti revizija d.o.o./Cinotti savjetovanje d.o.o., and in 2011 she founded her own companies Antares revizija d.o.o./ Antares savjetovanje d.o.o. dealing in auditing, internal auditing, accounting and business consulting as well as education. From 2009 to 2012, she was a member of the Governing Council of the Croatian Audit Chamber, and since 2012, she has been a member of the Financial Reporting Standards Committee and a member of the Council of the Croatian Financial Services Supervisory Agency (HANFA).
President of the Audit Committee of Podravka d.d.
In 1996, She has graduated from the Faculty of Economics and Business of the University of Zagreb, a course of studies in: Accounting and Finance. In 2000, she has become a chartered accountant of UK, and two years later she acquired the title of the Croatian chartered accountant.