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NK Rosneft' : Germany's Ex-Chancellor Gerhard Schroeder Appointed Rosneft Chairman

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09/29/2017 | 05:17pm CEST
   By Carlo Martuscelli 
 

Rosneft Oil Co. (ROSN.MZ) on Friday elected former German chancellor Gerhard Schroeder to the position of chairman of the board of directors.

The Russian oil-and-gas company approved the appointment at an extraordinary shareholders meeting held in St. Petersburg. At the meeting, a new board of directors was elected and its number increased to 11 from nine.

Mr. Schroeder is also a non-executive director on the board of Nord Stream AG--a consortium for the construction of an underwater pipeline between Russia and Germany.

Write to Carlo Martuscelli at [email protected]

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