Rosneft Board of Directors

Main article: Rosneft

2024: A new board of directors of Rosneft has been approved. List

On July 8, 2024, it became known that the ex-Minister of power of Qatar was re-elected chairman of the board of directors of Rosneft. The updated composition of the council also included:

• managing director of Indian Valpro and former Indian Oil top manager Govind Cottis Satish;
• Rector of the Russian State University of Oil and Gas (NRU) named after I. M. Gubkin Viktor Martynov;
• the head of Rosneft, Igor Sechin;
• Chairman of the Management Board Gazprombank Andrei Akimov
• Pedro A. Aquino, President - Chief Executive Officer of Oil & Petroleum International Resources Ltd;
• Qatar Investment Authority representatives Faizal Alsuwaidi and Hamad Rashid Al-Mohannadi;
• academician of the Russian Academy of Sciences, independent director Alexander Nekiplov;
• Deputy Prime Minister of the Russian Federation Alexander Novak;
• Deputy Head of the Presidential Administration of Russia Maxim Oreshkin.

Mohammed bin Saleh al-Sada headed the board of directors of Rosneft in 2023. He is Chairman of the Board of Trustees of Doha University of Science and Technology and former Minister of Energy and Industry of Qatar.

source = Rosneft

The new members of the board of directors are very authoritative specialists with tremendous knowledge in the oil and gas industry. Muhammad Bin Saleh Al-Sada is a landmark figure for Middle East power. He has more than 35 years of experience in the industry, for seven years he was the Minister of Energy of Qatar and in this capacity took an active part in the formation of the OPEC + alliance... He participated in all the main key processes in the oil and gas industry in the past decade, - said Leonid Krutakov, associate professor of the Financial University under the Government of the Russian Federation.

Members of the Board of Directors of Rosneft are elected by the General Meeting of Shareholders for a term up to the next annual General Meeting of Shareholders. The Board of Directors is elected with 11 members. As noted on the Rosneft website, the board of directors has an optimal ratio of executive, non-executive and independent members.^[1]

2022: The new board of directors of Rosneft has been approved. It was led by former top manager Qatar Energy

At the end of June 2022, a meeting of Rosneft shareholders was held, at which the new composition of the company's board of directors was approved. Belmahdi Tayeb, a former top executive at Qatar Energy, has been elected as the new chairman. Gerhard Schroeder left the position in May 2022.

In the spring of 2022, the oil company announced that Schroeder would not be able to extend his powers. This came a day after the European Parliament proposed imposing sanctions on European board members of large Russian companies and politicians who continue to receive money from. Russia Among them, parliamentarians also mentioned Schroeder, whom the current chancellor GERMANY Olaf Scholz called for leaving all posts in Russia against the background of the Russian military operation on. To Ukraine

Approved a new composition of the Board of Directors of Rosneft

The new members of the board of directors of Rosneft, as reported by the press service of the company on June 30, 2022, were the head of Gazprombank Andrei Akimov, the chief executive officer of Oil & Petroleum International Resources Pedro Aquino, the governor of the Krasnoyarsk Territory Alexander Uss, the rector of St. Petersburg Mining University Vladimir Litvinenko, director of the Moscow School of Economics Alexander Nekipelov.

Also on the council were re-elected the head of the company Igor Sechin, representatives of Qatar Investment Authority Fayzal Alsuwaidi and Hamad Rashid Al-Mohannadi, Deputy Prime Minister Alexander Novak, Assistant to the President of the Russian Federation Maxim Oreshkin.

Earlier in 2022, BP Chief Executive Officer Bernard Looney, ex-head of the company Robert Dudley and former Austrian Foreign Minister Karin Kneisl also left the board of directors of Rosneft.

As reported on the Rosneft website, the board of directors is elected with 11 members. The Board of Directors ensures the optimal ratio of executive, non-executive and independent members.^[2]

2021: Election of a new board of directors

On June 1, 2021, a meeting of shareholders Rosneft"" was held, at which a new board of directors was elected. It also included the former Foreign Austria Minister Karin Kneisl, whose wedding in 2018 was attended by the president. Russia Vladimir Putin

Former Austrian Foreign Minister Karin Kneisl joined the board of directors of Rosneft

A total of 11 members were approved on the updated board of directors. In addition to Karina Kneisl, these are:

• Faizal Alsuwaidi is a representative of Qatar Investments Authority, a member of Qatar University's board of trustees;
• Hamad Rashid Al Mohannadi - Representative of Qatar Investments Authority, Member of the Board of Trustees of the Abdullah Bin Hamad Al-Attiyi International Qatar Energy and Sustainable Development Fund;
• Matthias Warnig - Executive Director of Nord Stream 2 AG (Switzerland), Independent Director;
• Robert Dudley is a consultant to BP Russian Investments Limited;
• Bernard Looney is a board member, chief executive officer of BP;
• Alexander Novak - Deputy Prime Minister of the Russian Federation;
• Maxim Oreshkin - Assistant to the President of the Russian Federation;
• Hans-Jörg Rudloff - Chairman of Marcuard Holding, Independent Director;
• Igor Sechin - Chief Executive Officer, Chairman of the Board of Rosneft;
• Gerhard Schroeder - Chairman of the Board of Directors of Nord Stream 2 AG (Switzerland), Chairman of the Shareholders Committee of Nord Stream AG (Switzerland), Independent Director.

Karin Kneisl turned out to be the only new member on the board of directors of Rosneft - the rest were re-elected for a new term. Oleg Vyugin, professor of the Faculty of Economic Sciences of the Higher School of Economics, did not get into the new composition from the past.

The fact that the former Austrian Foreign Minister was nominated as a candidate for the board of directors of Rosneft from the state became known in early March 2021 from the relevant order of the Government of the Russian Federation. In addition to Kneisl, the government also announced ex-Gerhard Schroeder, Matthias Warnig and Hans-Jörg Rudloff for these positions.^[3]

2020

In May 2020, Rosneft proposed to maintain the remuneration of board members in 2020 at the level of 2019.

Former German Chancellor Gerhard Schroeder is offered to pay $600 thousand, Hamad Rashid Al Mohannadi - $530 thousand, Faizal Alsuvaidi - $530 thousand, Matthias Warnig - $580 thousand, Oleg Vyugin - $560 thousand, Hans-Jorg Rudloff - $580 thousand.

Members of the board of directors who are civil servants (Andrei Belousov, Alexander Novak), and the board of directors of the company Igor Sechin, the amount of remuneration for fulfilling the duties of members of the board of directors in 2019 is not indicated.

2019

At the end of 2019, members of the board of Rosneft received 3.545 billion rubles as remuneration. Of this amount, 1.5 billion rubles were premiums.

Notes