Novatek, the developer of the giant Yamal LNG project in Russia, elected the company’s board of directors at the annual general meeting of shareholders.
According to the company’s statement, the board of directors consists of:
Following the AGM, the BoD held its first meeting whereby Alexander Natalenko was elected chairman of the board and the members of the three board committees were elected.
The Strategy Committee is comprised of Alexander Natalenko (chairman), Andrei Akimov, Burckhard Bergmann, Michael Borrell and Gennady Timchenko. The Audit Committee is comprised of Andrei Sharonov (Chairman), Robert Castaigne and Viktor Orlov. The Remuneration and Nomination Committee is comprised of Viktor Orlov (Chairman), Robert Castaigne and Andrei Sharonov.
The BoD also decided to reduce the number of members of the management board to eleven members, terminate the membership of Oleg Karpushin and Kirill Yanovskiy, and appoint Sergey Vasyunin, Deputy Chairman of the management board – operations director, as a new member of the management board.