Magnit Board of Directors

2021: Approval of the new board of directors of Magnit

September 13, 2021 it became known about the approval of the new composition of the board of directors of Magnit. The number of members in it increased from 9 to 11.

Among the four new members of the Magnit board of directors are three independent. This is the chairman of the board of directors System Capital"" and "Sistema," Asia a member of the board of directors, MTS Bank Vsevolod Rozanov Pierre Lauren Vetley (from 2008 until recently worked in the Moscow office) Bain&Company and the head of strategy and innovation of the global business division of headquarters, Sanofi Naira Adamyan which became the first woman on the board of directors of the retailer.

The new board of directors of Magnit was approved, Naira Adamyan joined it

Adamian was chairman of the board of directors of the Association of International Pharmaceutical Manufacturers (AIPM - an association of more than 60 pharmaceutical companies) and co-chairman of InPharma (an association of 14 global pharmaceutical companies actively investing in scientific research). In addition, she was a member of the board of directors of the American Chamber of Commerce.

From the previous composition, the board of directors of Magnit included seven people: this is the president and CEO of the retailer Jan Dunning, the president of Marathon ServiceAlexander Vinokurov, representatives of VTB Capital Tim Demchenko and Alexey Makhnev. As well as independent directors Charles Ryan, Walter Koch and James Simmons.

Expanding the board of directors and increasing the number of independent directors strengthens its composition with new members who previously held various leadership positions, have extensive experience in a wide range of industries related to the consumer sector, can share valuable knowledge and support the company in implementing its retail and digital strategy, the Magnit press service reports[1]

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