Comprising seven members, our Supervisory Board plays a pivotal role in guiding the company's strategic direction. Six members are elected by the General Assembly, while an additional member has the potential to be appointed by the Company's employees' council. Together, they bring diverse perspectives and expertise to ensure effective governance and decision-making.
Chairman of the Supervisory Board
Boris Ivesha has been President and Chief Executive Officer of PPHE Hotel Group since 1991. Mr. Ivesha was responsible for bringing the Park Plaza Hotels & Resorts® brand to the PPHE Hotel Group in 1994 in collaboration with the Red Sea Group (one of the major shareholders of PPHE Hotel Group) and has been a major influencer in the expansion of the PPHE Hotel Group’s portfolio. Mr. Ivesha established the Yamit Hotel, Israel in 1984 and served as its President. He was Director of the Carlton Hotel in Israel (1979–1984). Prior to that, he was a General Manager of the Royal Horseguards Hotel in London (1972 – 1979), which gives him more than 50 years of experience in the hotel industry.
Vice Chairman of the Supervisory Board
Yoav Papouchado, Chairman of Red Sea Hotels Limited (“Red Sea”), PPHE Hotel Group’s controlling shareholder, has over 30 years of experience of real estate developments and data centres worldwide, developed through his long tenure at Red Sea. Mr. Papouchado holds an MBA as well as a BA in Economics from the Tel-Aviv University.
Board member
Kevin Michael McAuliffe acted as the Non-Executive Deputy Chairman of the PPHE Hotel Group Limited until his retirement in May 2023. He was a member of the Society of Trust and Estate Practitioners for 20 years and has held directorships in various regulated investment companies, remaining a director of two regulating entities until his retirement in 2023. Retired Chairman of Carey Group (after joining as Chief Executive in 1999), he was also Head of Advisory Services for Paribas International Private Banking and Managing Director of Paribas Suisse in Guernsey (1992- 1999). He served as Finance Director of Ansbacher off shore banking group and was appointed as Chief Executive of Ansbacher's Guernsey bank and trust company business in 1994.
Board member
Mrs. Matovina is an expert in the field of audit and accounting and has extensive knowledge in audit and application of International Financial Reporting Standards (IFRS). She is a Croatian certified auditor and Certified auditor of Great Britain. Ms. Matovina was a perennial member of the Board of the Croatian Financial Services Supervisory Agency and of the Croatian Financial Reporting Standards Board. She is a founder and a director of the several smaller local companies, among others Antares savjetovanje d.o.o. and Antares revizija d.o.o. She serves as a member and the deputy chairman of the Supervisory Board of Professio energija d.d. Mrs. Matovina is the Chairman of the Company’s Audit Committee.
Board member
Mrs. Pende was a long-standing legal counsel at Uljanik, d.d., one of the biggest Croatian shipyards, where she worked for over 30 years. Mrs. Pende acted as the Chairwoman of the Supervisory Board of Alpha Adriatic d.d. Mrs. Pende holds a law degree from the University of Zagreb. Mrs. Pende chairs the Company’s Remuneration Committee.
Board Member
Lorena Škufl ić is a full-time professor with a permanent title at the Faculty of Economics of the University of Zagreb at the Department of Economic Theory, where she has been employed since 2002. Prior to this post, she worked at the Croatian Chamber of Economy – County Chamber Pula and also with the Faculty of Economics, Zagreb, and held the position of Head of the Polytechnic in Rijeka. During her work at the faculty, she was the head of the department for several terms, and in the period from 2018 to 2020, vice dean for finance and business at the faculty. In her work, she participated or currently participates in numerous committees at the Faculty, University, and the Ministry of Science and Education, as well as the Agency for Higher Education. She is a member of the International Association for Sustainable Economy and an advisor for international sustainable Business Affairs. Ms. Škuflić chairs the Company’s Sustainability Committee.
Board member
Goran Nikolić was born in 1977 in Pula, Croatia. He completed his primary and secondary education in Pula
in 1995. In 2010, he completed the course for "System and Network Administrator" at the University College Algebra. After employment at Pula Airport and Uljanik, since 1998 he has been employed by Arenaturist (today Arena Hospitality Group) where he has already worked for 23 years. Mr. Nikolić also holds the position of President of the Workers' Council of the Company. He currently works in the Company as head of customer support in the Company’s IT department. Mr. Nikolić has been a member of the Supervisory Board since his first appointment on January 1, 2021.