OREANDA-NEWS. July 07, 2014. Russian Helicopters, part of State Corporation Rostec, held its Annual General Meeting of shareholders (AGM).

he AGM elected a new Board of Directors, approved the members of the Audit Committee, the annual report and the Company’s annual financial statements for 2013, and discussed other items on the agenda.

The AGM approved the new Board of Directors as follows:

Vladimir Artyakov, first deputy CEO of Rostec;

Vitaly Baranov, deputy CEO for administration of Gazrpom Neft;

Kirill Gaidash, head of the finance and economics department of Rostec;

Dmitry Lelikov, CEO of Oboronprom;

Vladimir Litvin, head of the Department of Corporate Procedures and Property at Rostec;

Vladislav Masalov, CEO of United Engine Corporation;

Alexander Mikheev, CEO of Russian Helicopters;

Sergei Skvortsov, Deputy CEO of Rostec;

Shiv Vikram Khemka, Vice Chairman of SUN Group.

The AGM also approved a final dividend for 2013 of RUB 974,643,976.68, representing 100% of net profit for the year or RUB 10.23 per ordinary share of the Company.

Avantazh Audit was appointed as the auditor for 2014 of Russian Helicopters’ financial statements to Russian Accounting Standards. The AGM voted to approve the winner of a competitive tender currently in progress as auditor of the Company’s consolidated financial statements to IFRS for 2014, 2015 and 2016.