Alexander Nekipelov named Rosneft’s Board Chairman
Shareholders of Rosneft at their regular Annual General Meeting on June 20 elected Alexander Nekipelov as Chairman of the Board of Directors of oil giant Rosneft, the state-owned company press release said.
Nikolai Laverov, Hans-Joerg Rudloff and Sergey Shishin were appointed deputies to the Board’s Chairman.
The stockholders also elected members to the new Board of Directors comprised of 9 persons, namely:
1. Matthias Warnig, Managing Director, Nord Stream AG,
2. Mikhail V. Kuzovlev, President, Chairman of the Board, Bank of Moscow,
3. Nikolai P. Laverov, Vice President, Russian Academy of Sciences,
4. Alexander D. Nekipelov, Vice President, Russian Academy of Sciences,
5. Hans-Joerg Rudloff, Chairman, Barclays Capital,
6. Eduard Yu. Khudainatov, First Vice President, Rosneft,
7. Sergei V. Shishin, Senior Vice President, VTB Bank,
8. Dmitri E. Shugaev, Deputy General Director, SC Rostekhnologies, and
9. Ilya V. Scherbovich, President, United Capital Partners (UCP) Group.
The Board of Directors also approved the composition of its three committees each headed by an independent director, namely: Mr. Hans-Joerg Rudloff was elected to lead the Audit Committee, Mr. Sergei V. Shishin - to lead the HR and Remuneration Committee, and Mr. Nikolai P. Laverov - to lead the Strategic Planning Committee.
Moscow-headquartered Rosneft is an integrated oil company majority owned by the Russian Government. Rosneft ranks among the world’s top publicly traded oil and gas companies and is engaged in exploration and production of hydrocarbons, petroleum products and petrochemicals, and marketing of outputs. The Russian Government holds a 75.16-percent stake in Rosneft (through OJSC Rosneftegaz), 15% of shares are in free-float.