The constitutional and legal basis of the election and recall of the Chairman of the Verkhovna Rada of Ukraine have been analyzed, the essence and peculiarities of their procedure and grounds were determined, as well as the priority directions for improving these key elements of the constitutional and legal status of the Chairman of the Parliament were substantiated. It was established that the procedure for electing and recalling the Chairman of the Verkhovna Rada of Ukraine is one of the core elements of his constitutional and legal status, which is designed to ensure the effectiveness, impartiality and stability of this institution, democratic management of the parliament and parliament`s control the Chairman of the Verkhovna Rada of Ukraine. The existing procedure for electing and recalling the Chairman of the Verkhovna Rada of Ukraine is characterized by its constitutional non-regulation, fragmentation and inconsistency of legislative regulation. It has substantiated that the priority of improving the procedure for electing and recalling the Chairman of the Verkhovna Rada of Ukraine and his deputies should be the constitutional consolidation of the method and other features of their election, principles and grounds for recall them from office. Other measures should be: raising the level of political culture and responsibility of the deputy corps when electing and recalling leadership of the parliament, using the secret voting procedure; formation a custom regarding election of a person who meets the requirements for the post of head of state, has high authority and moral-business qualities as the Chairman of the Parliament. It’s also advisable to: guaranteeing the parliamentary minority the position of Deputy Chairman of the Verkhovna Rada of Ukraine; attributing non-fulfillment of the activity program of the Speaker of the Parliament to the grounds for his removal from office. Finally, it will be appropriate: regulation of the procedure and consequences of early termination of powers of the Chairman of the Parliament during his temporary execution the duties of the President of Ukraine; in such a case, assigning the execution of the duties of the head of state to the First Deputy Chairman of the Verkhovna Rada of Ukraine.