German manager joins EuroChem's board of directors
MOSCOW. Feb 5 (Interfax) - The former CEO of Germany's Continental AG, Manfred Wennemer, has jointed the board of directors of EuroChem , the company said in a statement.
Wennemer was the CEO of Continental AG from 2001 until 2008. In the spring of 2013 he was the chairman of the board of directors of Switzerland's Sulzer, however by the end of the year he retired. At present Wennemer is on the board of directors of a German concern, Knorr-Bremse, which produces brake systems for rail transport, and a Belgian producer of steel wire and metal cord, Bekaert.
EuroChem's board of directors was expanded from nine to ten people and there are six independent directors on it, including Wennemer.
EuroChem's majority shareholder, Andrei Melnichenko, kept his position on the board of directors, as did co-owner and EuroChem CEO Dmitry Strezhnev, non-executive director Nikolai Pilipenko, CEO of LLC Siberian Generating Company, Mikhail Kuznetsov, and also independent directors: Andrea Wine, members of OJSC SUEK board of directors Vladimir Stolin and Alexander Landia, former president of PCS Potash (a division of Canada's Potash Corp.) Garth William Moore and former executive vice president of LyondellBasell, Kent Potter.
