Plus   Neg

PhosAgro Elects Sven Ombudstvedt As Chairman

PhosAgro (PHOR.L) said that its Board has re-elected Independent Director Sven Ombudstvedt as its Chairman. The Board of Directors also re-elected as its Deputy Chairman Andrey Guryev, Vice President of the Russian Union of Chemists.

At today's meeting the Board of Directors also appointed the leadership and members of the Board Committees. The Audit Committee will be chaired once again by Independent Director and PhosAgro Board of Directors Member Marcus Rhodes; PhosAgro CEO and Board of Directors Member Andrey Guryev was re-appointed Chairman of the Strategy Committee; Independent Director and PhosAgro Board of Directors Member James Rogers will lead the Remuneration and Human Resources Committee, the Environmental, Health and Safety Committee will be chaired by PhosAgro Board of Directors Member, PhosAgro Executive Director and CEO of Apatit Mikhail Rybnikov; the Risk Management Committee will be chaired by Ivan Rodionov.

In addition, members of the Management Board of PhosAgro were appointed, and members of the Management Board were granted permission to hold management positions at other organisations.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Weight Watchers International, Inc. said Monday that it will change its name to WW to reflect the shift in its focus from weight loss to overall health and well-being. The company also announced the launch of several new services and partnerships. The company said that globally, it will use a new tagline, "Wellness that Works", to reflect the company's heritage. Singapore's anti-trust watchdog has fined ride-hailing firms Uber and Grab with combined fines of $9.5 million over their "anti-competitive" merger deal, noting that the transaction led to a substantial lessening of competition in the ride-hailing platform market in Singapore. In March, Uber said it is selling its Southeast Asia operations as well as Uber Eats in the region to Grab. Shares of Sky Plc were gaining around 9 percent in the early morning trading in London after the media giant urged its shareholders to immediately accept a superior cash offer of 17.28 pounds by Comcast Corp. The consideration implies a value of approximately 30.6 billion pounds or $40 billion for Sky. In an auction process, Comcast offered the highest price, topping 21st Century Fox.
Follow RTT