Corporate governance

The management of Petrol d.d., Ljubljana, is carried out according to a two-track system, based on legal provisions, the statute as the fundamental legal act of the company, internal decisions, and established good business practice.

Organisational chart

Management operation

Petrol d.d., Ljubljana is run by the Management Board on its own and at its own risk. Management represents the company. According to the Articles of Association, the Management Board consists of the President of the Management Board and other members of the Management Board. The total number of Management Board members is at least three and a maximum of six. The exact number of members of the Management Board, their working areas and authorizations is determined by the Supervisory Board of the Company with a resolution upon the proposal of the President of the Management Board.

One member of the Management Board is always a Labor Director who co-decides only on those issues that relate to the formulation of personnel and social policy, and in 2017, on the basis of the adopted amendments to the Articles of Association, this role also acquired the power to jointly represent the company.

The term of office of the members of the Management Board is five years, with the possibility of reappointment. The President of the Management Board and all the members of the Management Board stand alone and individually representing the Company, and the Labour Director does so together with another member of the Management Board or the President of the Management Board. Legal representatives need the consent of the supervisory board to acquire or dispose of the company's own shares, acquire, establish or terminate companies and business units, as well as to borrow or lend amounts, which individually exceed five percent of the total capital of the company, or for other individual investments which exceed five percent of total capital. They also need consent for the granting of procuration and for mortgaging.

The Supervisory Board of Petrol d.d., Ljubljana, in the two-track management system, carries out legally specified tasks, which are the tasks of supervising the management of the company's operations (including the selection and appointment of the Management Board) and the tasks related to the competences of the assembly.

The Supervisory Board of Petrol d.d., Ljubljana consists of nine members according to the Articles of Association. The members of the Supervisory Board are elected for a term of four years and can be re-elected after the expiration of their term of office. The Supervisory Board elects a Chairman and a Deputy Chairman from among its members. The chairman of the supervisory board and deputy chairman of the supervisory board are always representatives of the shareholders. The chairman of the supervisory board represents the company in relation to the management and the supervisory board vis-à-vis the company's management and third parties, unless otherwise specified in each specific case.

Members of the Supervisory board

Janez Žlak, President of the SB

Shareholder representative
Appointed for a four-year term of office at the 33rd General Meeting of 22 April 2021, starting on 22 April 2021. Appointed President of the Supervisory Board on 22 April 2021.

Borut Vrviščar, Deputy President of the Supervisory Board

Shareholder representative
Appointed for a four-year term of office at the 32nd General Meeting of 28 December 2021, starting on 11 April 2021. Appointed Deputy President of the Supervisory Board on 22 April 2021.

Mladen Kaliterna

Shareholder representative
Appointed for a four-year term of office at the 23rd General Meeting of 7 April 2013, from 16 July 2013 to 15 July 2017. Re-appointed at the 27th General Meeting of 10 April 2017 for another four-year term of office, starting on 16 July 2017. Re-appointed for another four-year term of office at the 32nd General Meeting of 28th December 2020, beginning on 16 July 2021.

Mario Selecky
Alenka Urnaut

Shareholder representative
Appointed for a four-year term of office at the 32nd General Meeting of Shareholders of 28 December 2020, beginning on 11 April 2021.

Aleksander Zupančič

Shareholder representative
Appointed for a four-year term of office at the 32nd General Meeting of Shareholders of 28 December 2020, beginning on 11 April 2021.

Alen Mihelčič
Robert Ravnikar

Employee representative
Appointed for a four-year term of office at the 3rd Workers’ Council meeting of 27 January 2017, starting on 22 February 2017. Re-appointed for another four-year term of office at the 44th Workers’ Council meeting of 4 December 2020, beginning on 23rd February 2021.

Marko Šavli

Employee representative
Appointed as substitute Supervisory Board Member, employee representative, at the 44th Workers’ Council meeting of 4 December 2020, for a period from 11 December 2020 to 22 February 2021. Pursuant to a workers’ resolution at the 44th Workers’ Council meeting of 4 December 2020, appointed for a new four-year term of office, beginning on 23 February 2021.