Monday, February 16, 2015

“Rosneft” disclose the incomes of members of the Board – RBC

"Rosneft" disclose the incomes of members of the Board – RBC

Photo by Oleg Yakovlev / RBC

In the past year,” Rosneft “paid to members of his reign, which includes CEO Igor Sechin and 12 other people, 2.8 billion rubles. In this case, wages accounted for only 744 million rubles. Still amounted to 1.2 billion award, and 844 million rubles. – “Other emoluments”, follows from the report of the company for the IV quarter.

In this case, the exact amount of the remuneration of Igor Sechin, the disclosure of income which has long sought criticism head of the company, once again remained unknown. The only amount that opened as a result of “Rosneft”, which was the amount of remuneration received for Sechin work in the Board of Directors of JSC “INTER RAO UES”. There’s the head of “Rosneft” has earned 2.97 million rubles., Sending all this amount to “charity».

«In the structure of the remuneration of about 60% is a variable part that depends on the individual performance management and performance of the Company as a whole. The average total income of a member of the Board of JSC “NK” Rosneft “in line with international standards in the industry and performance indicators”, – the report says “Rosneft».

Along with Sechin on the board includes senior vice president Eric Liron, Vice Presidents Yuri Kalinin, Rashid Sharipov, Andrew Votinov, Didier Casimiro, Igor Maydannik, Nail Mukhitov, Zeljko Runje, Svyatoslav Slavinskiy and Larissa Calanda, CFO Peter Lazarev and former vice-president Igor Pavlov. During 2014 the board of “Rosneft”, according to the quarterly reports of companies, has not changed.

In a message of “Rosneft” emphasizes that the company’s board members do not receive additional compensation for their work in the management bodies of the ” Rosneft “, as well as its subsidiaries and affiliates. However, three unnamed member of the board receive a “reward at the level set by the minimum wage” to work part-time and “in order to implement existing labor laws».

«It is obvious that all the wild excitement around the salaries of” Rosneft “was zilch. Because it is absolutely normal level. We have among the members of the board, there are several international top managers, some of which hardly would work in the company for a reduced fee compared to what is accepted, we assume in the major Western oil companies of the first row, “- said in an interview” Kommersant FM »Vice President of” Rosneft “Mikhail Leontiev.

In the summer of 2014″ Rosneft “has refused to disclose the income of his head, as well as other senior managers and members of their families. The company then explained that “competent authorities” information about the income and property of senior managers and members of their families are represented in the statutory “terms and volume” and the requirement to disclose such data to the public applies only to state-owned and state-owned corporation created on the basis of federal laws, which “Rosneft” does not apply.

In response to criticism of the representative of “Rosneft”, said the company is ready to publish data on incomes of top managers only together with all other market participants to ” it is not a one-sided create competitive advantage ».

In December 2014 during a major press conference of Russian President Vladimir Putin was asked if he knew how much gets the head of” Rosneft “. “I do not know, but I know that our employees of large companies receive a very solid money,” – said the president. Putin stressed that he considers Sechin effective manager who works “quite properly”, and stressed the inadmissibility of the approach, in which the Russian top managers of large companies will receive lower wages than their foreign counterparts.

Commenting given the president a question the size of the salary Sechin, a spokesman for “Rosneft” Mikhail Leontiev in interview with radio station “Moscow speaking” then stated that revenues Sechin known Russian tax authorities, therefore, if the President wants to know their size, “he would do it immediately».

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