Composition of the Board of Directors

The Board of Directors consists of 13 members, 11 of whom were re-elected. In 2018, there were two Boards of Directors: one elected by the Annual General Meeting of Shareholders on June 26, 2017 and the other elected on June 27, 2018.

All candidates nominated to the Company’s Board of Directors have higher education and are highly-professional and qualified, and:

  • are recognized experts in energy, finance, law, strategic and corporate governance, audit, risk management, HR, innovation and investment, as well as production and R&D;
  • have a track record of serving on boards of directors or in senior positions at other joint-stock companies listed on organized exchanges;
  • have impeccable business and personal reputation, sufficient skills, expertise and experience to make decisions falling within the Board of Directors’ remit and perform their responsibilities efficiently.
Full name Year of appointment Status Nominated by Committee membership
Artem Avetisyan 2015 Non-executive Russian Federation
Maxim Bystrov 2013 Independent Russian Federation + + +
Pavel Grachev 2016 Independent Russian Federation + +
Sergey Ivanov 2015 Served on the Board of Directors from 2013 to 2014, and then starting from 2015. Independent Russian Federation + + + +
Vyacheslav Kravchenko 2014 Non-executive Russian Federation + +
Pavel Livinsky 2018 Non-executive Russian Federation
Vyacheslav Pivovarov 2013 Independent Russian Federation + + + +
Mikhail Rasstrigin 2018 Non-executive Russian Federation
Nikolay Rogalev 2016 Non-executive Russian Federation + + +
Yury Trutnev 2015 Non-executive Russian Federation +
Sergey Shishin 2011 Non-executive Russian Federation +
Andrey Shishkin 2014 Non-executive Gazprombank
Nikolay Shulginov 2016 Executive Russian Federation + Until August 7, 2018.
Director status, %
Years served on the Board of Directors, %

The balance of the Board of Directors is achieved through a high level of professional knowledge and expertise, sufficient time for performing the duties of a member of the Board of Directors, and absence of a conflict of interest, all of which contribute to effective decision-making.

Experience and competencies of the Board of Directors members Relevant experience of the candidates to the Board of Directors in various areas of activity, based on the data received from candidates to the Board of Directors, including education, professional track recor, and other publicly available information.
Full name Energy Finance and audit Management Production Research and development Other competencies
Artem Avetisyan + + Promotion of entrepreneurship
Maxim Bystrov + + + + Global economics
Pavel Grachev + + Law, Doctor of Law
Sergey Ivanov + + + Nuclear Physics, Professor, corresponding member of the Russian Academy of Sciences, Doctoral Degree in Economics
Vyacheslav Kravchenko + + Law
Pavel Livinsky + + Economics
Vyacheslav Pivovarov + + Global Economics, Applied Economics, MBA
Mikhail Rasstrigin + + + Economics
Nikolay Rogalev + + + Doctoral Degree in Technical Sciences, Professor
Yury Trutnev + + + + +
Sergey Shishin + + Doctoral Degree in Economics
Andrey Shishkin + + + +
Nikolay Shulginov + + + + + PhD in Technical Sciences
Total 7 11 12 4 5