The Board of Directors of OAO LUKOIL held a meeting today in Moscow to resolve a number of issues related to corporate governance.
Among other things, the following members of the Management Committee were approved:
|2.||Anatoly Barkov||Vice-President, General Affairs, Corporate Security and Communications|
|3.||Vadim Vorobyov||Vice-President, Petroleum Product Sales Coordination|
|4.||Sergei Kukura||First Vice-President|
|5.||Ravil Maganov||First Executive Vice-President|
|6.||Sergei Malyukov||Vice-President, Internal Control and Audit|
|7.||Ivan Maslyaev||Vice-President, General Counsel|
|8.||Alexander Matytsyn||Vice-President, Finance|
|9.||Anatoly Moskalenko||Vice-President, Human Resources Management and Corporate Structure Development|
|10.||Vladimir Mulyak||Vice-President, Technologies, Oil and Gas Fields Development|
|11.||Vladimir Nekrasov||First Vice-President|
|12.||Valery Subbotin||Vice-President, Sales and Supplies|
|13.||Gennady Fedotov||Vice-President, Economics and Planning|
|14.||Leonid Fedun||Vice-President, Strategic Development|
|15.||Evgueni Khavkin||Vice-President, OAO LUKOIL Chief of Staff|
|16.||Lyubov Khoba||Vice-President, Chief Accountatnt|
The candidates for the Management Committee had been recommended by the President of OAO LUKOIL and approved by the HR and Compensation Committee of the Board of Directors of OAO LUKOIL.
The Board of Directors also approved the principal terms of agreements concluded with the members of the Management Committee.
In accordance with Item 2 of Article 86 of the Federal Law on Joint Stock Companies and based on the recommendations of the Audit Committee, the Board of Directors established the threshold remuneration for the auditor’s services for the audit of 2012 Company’s financial statements, prepared in accordance with RAS in the amount of RUR 12.2 million.
The Board of Directors of LUKOIL has also approved its working plan for 2012-2013.