CORRECTED: Rosneft's O'Brien quits executive board
(fourth paragraph adjusted)
MOSCOW. June 16 (Interfax) - Rosneft Vice President Peter O'Brien has quit the oil company's executive board.
Rosneft said in a statement that the new executive board was elected on June 10 at a meeting of the board of directors.
The executive board contains one new face, that of Pyotr Lazarev, the company's chief treasurer.
O'Brien, a former executive director at Morgan Stanley (Moscow), held office at Rosneft since 2006 and owns 498,478 Rosneft shares in the form of GDRs (0.0047% issued shares), according to latest information. Rumors he might leave the company started to circulate around a year ago. Interfax understands his contract with Rosneft is due to expire soon.
O'Brien was responsible for strategic investment projects, debt and equity fundraising at Rosneft.