OREANDA-NEWS. May 7, 2010. NOVATEK announced that the Annual General Meeting of Shareholders (AGM) has approved the election of new members to the Board of Directors. 

The Board of Directors is comprised of the following members:

Akimov, Andrei Igorevich:  Chairman of the Management Board of Gazprombank;

Burckhard Bergmann: member of the Board of Directors of NordStream AG, OAO Gazprom, Allianz Lebensversicherungs-AG, Commerzbank AG, E.ON Energie AG, Jaeger Beteiligungsgesellschaft mbH& Co KG, Telenor; a member of the Advisory Boards for Dana Gas, Dubai Akkumulatorenwerke Hoppecke Carl Zoeellner& Sohn GmbH, Contilia GmbH and IVG Immobilien AG;

Dmitriev, Vladimir Alexandrovich:  Chairman of the Board of Directors of State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)";

Gyetvay, Mark Anthony: Deputy Chairman of the Management Board, Chief Financial Officer of NOVATEK;

Mikhelson, Leonid Viktorovich:  Chairman of the Management Board of NOVATEK;

Natalenko, Alexander Yegorovich:  Chairman of the Board of Directors of NOVATEK, State Prize Laureate and Honored Geologist of the Russian Federation;

Seleznev, Kirill Gennadievich: member of the Management Board of Gazprom, Director of Gazprom’s Gas and Liquid Hydrocarbons Marketing and Processing Department and General Director of Mezhregiongaz;

Timchenko, Gennady Nikolaevich:  Chairman of the Board of Transoil; and

Vardanian, Ruben Karlenovich:  Chairman of the Board of Directors of Troika Dialog Group.

The Board of Directors is comprised of seven non-executive directors.

Following the AGM, the Board of Directors held its first meeting whereby Alexander Natalenko was elected Chairman of the Board and the members of the three Board committees and one sub-committee were elected.

The Strategy and Investments Committee is now comprised of the following members: Mark Gyetvay (Chairman), Alexander Natalenko, Kirill Seleznev, Gennady Timchenko and Burckhard Bergmann. The Sub-committee for LNG projects is now comprised of the following members: Burckhard Bergmann (Chairman), Mark Gyetvay and Gennady Timchenko. The Audit Committee is now comprised of Vladimir Dmitriev (Chairman), Ruben Vardanian and Andrei Akimov. The Corporate Governance and Remuneration Committee is now comprised of Ruben Vardanian (Chairman), Alexander Natalenko and Burckhard Bergmann.