25.07.2012
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Results of the Board of Directors on July 25, 2012

JSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces the results of the Board of Directors held in absentia on July 25, 2012.


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The Board of Directors re-elected Vladmir Tatsiy as its Chairman. Mr. Tatsiy was born in 1960. Graduated from Moscow Energy Institute. PhD. As of 2007, Mr. Tatsiy is the First Vice-President of Gazprombank.


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The Board of Directors re-elected Viktor Danilov-Danilyan as Deputy Chairman of the Board. Mr. Danilov-Danilyan was born in 1938. Graduated from Moscow State University, school of mechanics & mathematics. Holds a doctorate in economics, an acting member of the Russian Academy of Sciences.


Mr. Danilov-Danilyan currently holds the positions of Director in the Institute of Water Issues of the Russian Academy of Sciences, head of faculty of environment and water resources of the People's Friendship University of Russia, head of faculty of water resources management of the Moscow State University.


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The Board of Directors elected the members of the committees of the Board, as well approved amended regulations on the committees.


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The Board elected 3 members to the Audit Committee:

  • Viktor Danilov-Danilyan, independent member of the Board;
  • Grigory Kurzer, ╜ independent member of the Board;
  • Andrey Malyshev, independent member of the Board

The Board re-elected Mr. Danilov-Danilyan as the Chairman of the committee.


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The Board elected 3 members to the Committee on Remuneration:

  • Viktor Danilov-Danilyan, independent member of the Board;
  • Grigory Kurzer, ╜ independent member of the Board;
  • Andrey Malyshev, independent member of the Board


The Board re-elected Mr. Danilov-Danilyan as the Chairman of the committee.


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The Board of Directors elected 12 members to the Committee on reliability, energy efficiency and innovations:

  • Rakhmetulla Alzhanov, Deputy Chairman of the Management Board, RusHydro;
  • Boris Ayuev, member of the Board of Directors, RusHydro;
  • Evgeny Bellendir, director for scientific research, RusHydro;
  • Boris Bogush, member of the Management Board, RusHydro;
  • Mikhail Bolgov, acting general director, Institute of Water Issues of the Russian Academy of Sciences;
  • Sergey Voskresensky, member of the Management Board, RusHydro;
  • Viktor Kudryaviy, advisor to the President, Evrocement Group;
  • Alexey Maslov, Deputy Chairman of the Management Board, RusHydro;
  • George Rizhinashvili, Deputy Chairman of the Management Board, RusHydro;
  • Vladimir Tatsiy, member of the Board of Directors, RusHydro;
  • Rasim Khaziakhmetov, director for technical policy and development, RusHydro;
  • Sergey Shishin, member of the Board of Directors, RusHydro.


The Board re-elected Mr. Kudryaviy as the Chairman of the committee.


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The Board elected 11 members to the Committee on Strategy:

  • Mikhail Voevodin, general director, VSMPO-AVISMA;
  • Vladmir Volik, general director, Branan LLC;
  • Vsevolod Gavrilov, head of Directorate of energy efficiency projects and natural resources, Sberbank of Russia;
  • Evgeny Gorev, member of the Management Board, RusHydro;
  • Viktor Danilov-Danilyan, member of the Board of Directors, RusHydro;
  • Andrey Malyshev, member of the Board of Directors, RusHydro;
  • Mikhail Mantrov, Deputy Chairman of the Management Board, RusHydro;
  • Valentin Mezhevich, member of the Upper House of Parliament;
  • George Rizhinashvili, Deputy Chairman of the Management Board, RusHydro;
  • Maria Tikhonova;
  • Nikolay Shulginov, First Deputy Chairman of the Management Board, System Operator of Russia;


The Board re-elected Mr. Malyshev as the Chairman of the committee.


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The Board elected 11 members to the Committee on Investments:

  • Alexander Grigoryev, general director, Ingosstrakh;
  • Viktor Danilov-Danilyan, member of the Board of Directors, RusHydro;
  • Alexander Ilyenko, member of the Management Board, director for development, System Operator of Russia
  • Ivan Korolev, deputy general director, Institute of World Economy and International Relations;
  • Gennady Kurkin, deputy general director, Prominvest LLC;
  • Mikhail Mantrov, Deputy Chairman of the Management Board, RusHydro;
  • Alexey Maslov, Deputy Chairman of the Management Board, RusHydro;
  • Denis Nozdrachev, Chairman of the Management Board, Svyaz-Bank;
  • George Rizhinashvili, Deputy Chairman of the Management Board, RusHydro;
  • Vladimir Tatsiy, member of the Board of Directors, RusHydro;
  • Maria Tikhonova.


The Board re-elected Mr. Tatsiy as the Chairman of the committee.


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The Board of Directors approved amended regulations on committees. The documents were developed in compliance with the latest requirments of the Federal Service on Financial Markets of Russia and stock exchanges requirements.






The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.

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