PhosAgro, Moscow, announced on May 27 that its board has elected Independent Director Xavier Rolet as its Chairman, and re-elected as its Deputy Chairman Andrey G. Guryev, Vice President of the Russian Union of Chemists, and PhosAgro CEO.
Rolet will take over the role as Chairman from Sven Ombudstvedt. Before joining PhosAgro in May 2018 as an Independent Director, Rolet successfully led the London Stock Exchange (LSE) Group for more than eight years. The Russian group has been listed on the LSE since 2011.
The number of members of the board of directors remains at 10. Following the decision made at the group’s AGM on May 24, PhosAgro’s new board will include the following members: Irina Bokova, Andrey A. Guryev, Andrey G. Guryev, Sven Ombudstvedt, Natalia Pashkevich, James Rogers, Xavier Rolet, Marcus Rhodes, Mikhail Rybnikov, and Andrei Sharonov.