Supervisory Board
The Supervisory Board, composed of nine members, supervises the management of the Company’s operations and decides on matters within its competence in accordance with the law, the Company’s Articles of Association and the Rules of Procedure of the Supervisory Board
The Supervisory Board of Podravka d.d. has established the following committees: Audit Committee, Remuneration Committee and Nomination Committee.
Audit Committee
It is authorized to monitor the financial reporting process, the effectiveness of internal control systems, internal audit, and the risk management system, oversee the audit of consolidated annual financial statements, monitor the independence of independent auditors or audit firms performing the audit, especially contracts for additional services, discuss the plans and annual report of internal audit and significant issues related to this area, and provide recommendations to the Supervisory Board for the selection of an independent auditor or audit firm.
Remuneration Committee
It is authorized to recommend to the Supervisory Board remuneration policies for Management Board members at least every three years, and to recommend annually to the Supervisory Board the remuneration that should be received by Management Board members based on an assessment of the Company’s results and their individual performance.
After consulting with the President of the Management Board, it recommends to the Supervisory Board the remuneration policy for Supervisory Board members, which will be submitted for approval to the General Assembly of the Company, oversees the amount and structure of remuneration of senior management and employees as a whole, gives recommendations to the Management Board regarding its policies, and supervises the preparation of the legally prescribed mandatory annual remuneration report for which the approval of the Supervisory Board is required.
Nomination Committee
It is authorized to oversee appointment processes to the Supervisory Board and the Management Board in order to ensure that they are fair and transparent, develop role and candidate descriptions for each vacant position in line with the profile of the Management Board or the Supervisory Board (in consultation with the President of the Management Board or the Supervisory Board, respectively), and identify and recommend suitable candidates to the Supervisory Board.
When seeking independent candidates for the Supervisory Board, it shall determine that the candidates are independent, agree on the terms of appointment with potential new members of the Management Board or Supervisory Board, including the expected time required to perform their function, prepare a succession plan for the reappointment or replacement of members of the Supervisory Board and the Management Board, in consultation with the President of the Supervisory Board or the Management Board, monitor progress in achieving the target percentage of female members of the Management Board and Supervisory Board, and oversee the Management Board’s policy in selecting and appointing the Company’s senior management.
Supervisory Board members
CHAIRMAN OF THE SUPERVISORY BOARD
Dubravko Štimac
Dubravko Štimac was elected in October 2025 as Chairman of the Supervisory Board of Podravka d.d., with the term of office starting on October 20, 2025.
He is Chairman of the Nomination Committee, and a member of the Audit Committee and the Remuneration Committee of Podravka d.d.
He began his professional career in 1994 as Director of the Foreign Trade Operations Sector at PBZ Investholding d.o.o. From 1998 to 2001, he worked at Privredna banka Zagreb d.d., first as Director of the Securities Custody Operations Division, and then as Project Manager for pension reform. He comes to the position of Chairman of the Supervisory Board of Podravka d.d. from the position of President of the Management Board of PBZ Croatia osiguranje d.d. for mandatory pension fund management, which he has held since 2001...Read more
From 2006 to 2012, he was a member of the Supervisory Board of Podravka d.d., and from 2012 to 2019 Chairman of the Supervisory Board of Podravka d.d. He served as Chairman of the Supervisory Board of the Zagreb Stock Exchange d.d. from 2011 to 2019, while he was a member of the Supervisory Board of Zavarovalnica Triglav d.d. from 2013 to 2017.
He graduated from the Faculty of Economics in Zagreb in 1992, obtained a broker’s license in 1996, and completed a Master of Science degree in the field of organization and management at the Faculty of Economics in Zagreb in 1997. In 2002, he obtained a license for pension fund management. He earned his PhD in 2012 at the Faculty of Economics in Zagreb.
DEPUTY CHAIRMAN OF THE SUPERVISORY BOARD
Luka Burilović
Luka Burilović was elected in June 2022 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on September 8, 2022.
He is Chairman of the Remuneration Committee and a member of the Nomination Committee of Podravka d.d., as well as Deputy Chairman of the Supervisory Board.
Luka Burilović has been President of the Croatian Chamber of Economy since 2014. Before that, he held the position of President of the Management Board of Sladorana d.d. in Županja. In his professional career, he also worked as an Assistant Minister in the Ministry of Agriculture, Forestry and Water Management, and from 1996 to 2004 he was also Deputy Mayor of the Municipality of Nijemci...Read more
Burilović is a member of the Supervisory Board of HBOR and Podravka d.d. Among other functions, he is President of the Croatian National Committee of the International Chamber of Commerce (ICC), a member of the Management Board of the association of European chambers of commerce (EUROCHAMBRES), and a member of the Management Board of the Foundation of the Croatian Academy of Sciences and Arts. He completed postgraduate specialist and postgraduate doctoral studies in economics and management at the Faculty of Economics of the University of Osijek.
He was awarded the Order of Danica Hrvatska with the image of Blaž Lorković for exceptional merits in the economy. He is a Homeland War volunteer, a reserve officer of the Croatian Army, and was awarded the Homeland War Memorial.
MEMBER OF THE SUPERVISORY BOARD
Damir Grbavac
Damir Grbavac was elected in June 2022 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on July 1, 2022. He served as Chairman of the Supervisory Board from November 2022 until October 20, 2025.
He began his professional career in 1978 in the Đuro Đaković Group, in positions ranging from credit officer to Deputy General Director of the Holding. In 1997, he moved to Raiffeisenbank Austria d.d. Zagreb as Director of the Investment Banking Sector. The same year, he also became a member of the Management Board of Raiffeisen Investment, and two years later President of the Management Board of Raiffeisen Vrijednosnice d.o.o...Read more
Since 2003, he was an advisor to the Management Board at Raiffeisenbank Austria d.d. Zagreb, and from 2004 to 2021 President of the Management Board of Raiffeisen pension company. He held the position of Chairman of the Supervisory Board of Medika d.d., and member of the supervisory boards of Hrvatski Telekom d.d., Zagrebačka burza d.d. and Podravka d.d. from 2017 to 2019. He was also a member of the Management Council of the Central Register of Insured Persons in the first pillar system and President of the Association of Pension Fund Management Companies and Pension Insurance Companies.
He graduated from the Faculty of Economics of the University of Zagreb in 1978, and obtained his Master’s degree from the same faculty in 1985.
MEMBER OF THE SUPERVISORY BOARD
Damir Čukman
Damir Čukman was elected in May 2023 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on July 1, 2023.
He began his professional career in 2006 at Erste vrijednosni papiri d.o.o., where he remained until 2010 in various positions, including Head of Asset Management Department. The same year, he became a portfolio manager at Erste d.o.o., a pension fund management company. In 2016, he was one of the founders and the first president of CFA Society Croatia, and since 2013, when he also founded N3 Capital Partners d.o.o., he has held the position of President of the Management Board. Since 2021, he has been a member of the Supervisory Board of Quattro logistika d.d...Read more
He graduated in economics from the Zagreb School of Economics and Management in 2006, and also attended Università Commerciale Luigi Bocconi in Milan and the London School of Economics and Political Science. He passed the exam for licensed investment advisor, as well as all three levels of the CFA exam.
MEMBER OF THE SUPERVISORY BOARD
Damir Felak
Damir Felak was elected in June 2022 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on September 8, 2022.
He began his professional career in 1990 in the Forestry Enterprise, which the following year became an integral part of the public company Hrvatske šume, where he worked until 1997. From 1993 to 1997, he was Mayor of the Municipality of Sokolovac, and from 1997 to 2001 Deputy County Prefect of Koprivnica-Križevci County. He continued his career until 2015 at Hrvatske šume d.o.o. as district forester, professional associate, forest administration manager, and senior professional associate. From 2008 to 2012, he was also a member of the Management Board, and from 2020 he worked at Hrvatske šume as senior professional associate. He currently works as Head of the Forest Administration of the Koprivnica branch...Read more
For ten years, he was also President of the Croatian Chamber of Forestry and Wood Technology Engineers, and on two occasions he was elected to the Croatian Parliament.
He graduated from the Faculty of Forestry in 1990, and in 2013 he also completed a postgraduate specialist study in Strategic Entrepreneurship at the Faculty of Economics of the University of Zagreb. He is the recipient of the Homeland War Memorial, the Homeland Gratitude Memorial, and the Order of the Croatian Trefoil.
MEMBER OF THE SUPERVISORY BOARD
Ksenija Horvat
Ksenija Horvat was appointed as a member of the Supervisory Board of Podravka d.d. in June 2023 by the Company’s Workers’ Council, with the term of office starting on July 1, 2023.
She began her professional career at Podravka in 1984, working in administrative and later clerical positions on the Croatian market.
Since 2001, as a representative of the majority union at Podravka – the PPDIV Trade Union – she has moved to full-time union work, and since then until today, she has been one of the leading union negotiators for improving the rights of Podravka employees through the collective agreement for the Podravka Group...Read more
She was first elected to the Workers’ Council of Podravka d.d. in 2002, and since 2015 she has continuously held the position of President.
She first served as workers’ representative on the Supervisory Board of Podravka from 2004 to 2012, and during that period held the position of Deputy Chairman of the Supervisory Board and Acting Chairwoman of the Supervisory Board from 2009 to 2010.
MEMBER OF THE SUPERVISORY BOARD
Petar Miladin
Petar Miladin was elected in June 2022 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on September 8, 2022.
He is a member of the Remuneration Committee of Podravka d.d.
He started his career at the Municipal and Commercial Court in Zagreb, and in 1997 he joined the Faculty of Law of the University of Zagreb as a junior assistant at the Department of Commercial Law and Company Law. From 2013 to 2015, he was also Vice Dean of the Faculty of Law of the University of Zagreb. Since 2019, he has been employed at the Faculty of Law of the University of Zagreb as a full professor with tenure...Read more
He obtained his Master’s degree in the Postgraduate Scientific Study of Commercial Law and Company Law at the Faculty of Law of the University of Zagreb. He defended his doctoral dissertation in 2005.
MEMBER OF THE SUPERVISORY BOARD
Darko Prpić
Darko Prpić was elected in May 2023 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on July 1, 2023.
He is Chairman of the Audit Committee.
He began his professional career as an analyst at Allianz ZB d.o.o., a mandatory pension fund management company, and since 2006 he was also a financial analyst in the Prpić business for accounting, auditing and tax consulting. Since 2007, he has held the position of director at Darfin d.o.o. for expertise in finance, accounting, securities, and consulting. Since 2017, he has been an auditor for UHY Rudan d.o.o., as well as a member of the Supervisory Board of SQ Kapital d.o.o...Read more
He graduated from the Faculty of Economics of the University of Zagreb, majoring in Finance, in 2003, and five years later became a permanent court expert for finance, accounting and securities.
MEMBER OF THE SUPERVISORY BOARD
Krunoslav Vitelj
Krunoslav Vitelj was elected in June 2022 as a member of the Supervisory Board of Podravka d.d., with the term of office starting on September 8, 2022.
He is a member of the Nomination Committee of Podravka d.d.
He began his professional career in 1977 at Podravka, where he held several managerial positions until 1991. That same year, he became Head at the Assembly of the Municipality of Koprivnica, and in 1993 moved to the Ministry of the Interior of the Republic of Croatia, Police Administration of Koprivnica-Križevci County, to the position of Head of the Department for Civil Protection, Fire Protection and Inspection. He returned to Podravka in 1995 as advisor to the President of the Management Board for human resources and legal affairs. The following year, he became Director of the Croatian Chamber of Economy – County Chamber Koprivnica, and since 2021 he has held the position of President...Read more
He graduated in 1993 from the Faculty of Economics of the University of Zagreb, where he also obtained his Master’s degree two years later.
In 2008, he obtained the qualification in Corporate Governance for members of supervisory and management boards at the Faculty of Economics of the University of Zagreb.
MEMBER OF THE AUDIT COMMITTEE
Jeni Krstičević
Jeni Krstičević was elected by decision of the General Assembly as a member of the Audit Committee of Podravka d.d., with the term of office starting on July 10, 2025.
She began her professional career in 1997 at BDO Croatia d.o.o., where she worked in the positions of Executive Director and Partner in Audit and Business Consulting. From 2019 to the present, she has held the position of President of the Management Board of PKF FACT revizija d.o.o.
She is a member of the Accountants Association at the Croatian Chamber of Economy, a permanent court expert at the Commercial Court in Zagreb, Deputy Chairman of the Supervisory Board and Chairman of the Audit Committee of Luka Ploče d.d., Chairman of the Audit Committee at HŽ Putnički prijevoz d.o.o., and a member of the Audit Committee at HŽ Infrastruktura d.o.o...Read more
At the Faculty of Economics of the University of Zagreb, she obtained a Master’s degree in Economics, majoring in Finance, while at the Faculty of Economics of the University of Osijek she completed a scientific Master’s degree in Accounting, Auditing and Analysis.
