PhosAgro – Management Brief

The Board of Directors of Moscow-based PhosAgro re-elected the Independent Director Viktor Cherepov as its Chairman at its first meeting since its Annual General Meeting of Shareholders. Alexander Sharabaika was re-elected Deputy Chairman of the Board of Directors. 

“Thanks to the concerted efforts of our workforce and close cooperation between our Board of Directors and management, we have been steadily implementing our long-term strategy for dynamic growth,” Cherepov said. “As a result, we have been able to maintain the positive trend when it comes to production: according to preliminary figures, we increased production of agrochemicals by 3.6% in the first half of this year.”

The meeting also approved the chairmen and members of the Board committees. Cherepov was re-elected Chairman of the Audit Committee; Siroj Loikov was elected Chairman of the Remuneration and Human Resources Committee; Sharabaika was re-elected Chairman of the Strategy and Sustainable Development Committee; and Sergey Samosyuk was re-elected Secretary of the Board of Directors.