Petrogrand Wins Dispute Against Former CEO
The dispute between Petrogrand and the company’s former CEO and Board Member Maks Grinfeld about the right to severance payment has been settled by arbitration. Maks Grinfeld claims on Petrogrand for 24 month severance has been dismissed by the Arbitration Institute and Petrogrand has been awarded compensation for the main …
Petrogrand: New Board, New MD – Dmitry Zubatyuk
At the extraordinary shareholders’ meeting in Petrogrand AB (publ) held on 10 April 2015 it was resolved that the board of directors for the period until the next annual shareholders’ meeting is to consist of five ordinary members without deputy members, to replace all board members and to elect the …
Petrogrand: Half the Board Quits
Mikael Wallgren (Chairman) and Lars Jacobsson (board member) announce their immediate resignation from the Board of Directors of Petrogrand due to differences of opinion within the Board of Directors regarding the company’s future. Following Mikael Wallgren’s and Lars Jacobsson’s resignations, the Board of Directors of Petrogrand consists of Maks Grinfeld, …
Shelton Petroleum AB: Maks Grinfeld and Mats Jansson Resign Board Due to Potential Conflict of Interests
On 22 January 2014 Shelton Petroleum AB announced an offer to acquire all the outstanding shares in Petrogrand AB. Maks Grinfeld and Mats Jansson are board members of both Shelton Petroleum and Petrogrand. Maks Grinfeld is also the CEO of Petrogrand. Due to the potential conflict of interest that may …