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2012 June 29   18:02

Russia’s Norilsk Nickel re-elects Andrei Bugrov as chairman-CEO

Russian metals giant Norilsk Nickel has re-elected Andrei Bugrov, who represents Interros, an investment vehicle of tycoon Vladimir Potanin, as chairman of the company’s board of directors by a majority of votes, CEO Vladimir Strzhalkovsky told reporters Friday.

The new board includes four representatives of Interros, which controls 28% of the company and three representatives of aluminum giant UC RUSAL, which controls 25%.

It also includes one representative of Norilsk Nickel Investments, which carried out buybacks of Norilsk’s shares in 2011 and three independent directors - Freetel Capital CEO Enos Banda, Mandalay Resources CEO Bradford Mills, and Claude Dauphin, management board member of Trafigura Beheer.

Source: http://www.1prime.biz/


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