TOAZ Elects Petr Ordzhonikidze as the Board Chairman
Togliatti, 29June 2020 – The Board of Directors of Togliattiazot (PJSC TOAZ) elected Petr Ordzhonikidze as the Chairman of the Board at a meeting held on June 28, 2020.
The Board of Directors has also elected the heads of the committees for investments, strategy, audit, personnel and rewards.
Nikolay Neplyuev was elected to the Committee for Investments as a Chairman
Alexander Makarov was elected to the Committee for Strategy as a Chairman.
Christopher Baker was elected to the Committee for Audit as a Chairman
Petr Ordzhonikidze was elected to the Committee for Personnel and rewards as a Chairman.
The Board of Directors was elected at the PJSC TOAZ Annual General Meeting on June 27, 2020. Christopher Baker, Alexander Makarov, Dmitry Mezheedov, Nikolay Neplyuev and Petr Ordzhonikidze became the members of the Board of Directors.
PJSC TOAZ has published its financial performance figures for the 1st half of 2020.
PJSC TOAZ has received a letter from the lawyers of its majority shareholders informing of the decisions that the High Court of Ireland had taken within the case that involved PJSC TOAZ shareholders and is being heard by the Court. In order to inform the public, we publish the bullet points from the letter.
TOAZ PJSC continues construction of the third urea plant, constituting one of the key investment projects of the Russian chemical industry.