Bashneft to retain current management.
Edited by Rhod Mackenzie / 2014-12-11 07:06:16
The Board of Directors of "Bashneft", which passed under the control of the state, will change in March. But the company's CEO Aleksandr Korsik can keep his job and prepare "Bashneft" to the new privatization. The former owner of the oil company - AFK "Sistema" - was able to maintain a minority stake of 2.66% of the voting shares which were not subject to the requirements of the Prosecutor General for the return of shares to the state. But the experts believe that the group will still sell this package, "the Kommersant" writes.
Yesterday the Board of Directors of "Bashneft" appointed an extraordinary meeting of shareholders on March 11, 2015, which will elect a new board of directors.
