Executive bodies — Management Board and Chairman of the Management Board — CEO
The executive bodies carry out the current management of the Company's activities.
The competence of the Management Board and the Chairman of the Management Board - CEO - is defined in Articles 18 and 19 of the Company's Charter, respectively. The competence of the executive bodies includes issues that are not within the competence of the General Meeting of Shareholders of the Company and the Board of Directors.
The number of members of the Management Board is determined by separate decisions of the Board of Directors.
In 2017, the Board consisted of 6 people, including the Chairman of the Management Board, the Company CEO.
Management Board membership as of December 31, 2017 In the reporting year, no decisions were made on the early termination of the powers of persons who are members of the Management Board of the Company. The term of office of Shulginov Nikolai Grigorievich in accordance with the labour contract is till September 14, 2020, while the remaining members of the Management Board of PJSC RusHydro are employed on long-term contracts. No conflict of interests among members of the executive bodies of PJSC RusHydro in the reporting year was reported.
Chairman of the Management Board, CEO
Born in: 1951
Education:
Sergo Ordzhonikidze Polytechnic Institute of Novocherkassk (Electricity Supply of Industrial Companies and Cities)
PhD in Technical Sciences
Work experience for the last 5 years:
2015 - present - Chairman of the Management Board - CEO
2004-2015 - Deputy Chairman, First Deputy Chairman of the Management Board of JSC SO UES
Information on positions held in management bodies as of December 31, 2017 Information on the positions held in the management bodies of other organisations for the last 5 years is given in section 5.2.2 of the quarterly report of the Company for the 4th quarter of 2017, which is published at website. :
- Member of the Board of Directors of Global Sustainable Electricity Partnership
- Member of the Board of Trustees of the Siberian Federal University
- Member of the Board of Directors of PJSC Rosseti
- Member of the Supervisory Board of NP "Hydropower of Russia"
- Member of the Board of Trustees of the NIU MPEI FGBOU HPE
- Member of the Supervisory Board of NP "Scientific and Technical Council of the Unified Energy System" (Deputy Chairman)
- Member of the Supervisory Board of the Association NP Market Council
- Member of the Management Board of RSPP
Membership on the Management Board:
Since 2015
Shareholding:
Does not own company shares
Did not purchase or sell company shares in the reporting period
Availability of loans from the Company and the Group companies:
No
Membership in Committees under the Board of Directors:
Strategy Committee
Member of the Management Board, First Deputy CEO - Chief Engineer
Supervised blocks:
Block of production activities
Born in: 1952
Education:
Saratov Polytechnic Institute (Mechanical Engineering)
Academy of National Economy of the Government of the Russian Federation (Corporate Management Development)
Work experience for the last 5 years:
2009 - present - Managing Director, Head of the Business Unit "Production"; Member of the Management Board; Member of the Management Board - Chief Engineer; Member of the Management Board, First Deputy CEO of PJSC RusHydro - Chief Engineer
Information on positions held in management bodies as of December 31, 2017 Information on the positions held in the management bodies of other organisations for the last 5 years is given in section 5.2.2 of the quarterly report of the Company for the 4th quarter of 2017, which is published at website. :
- Member of the Supervisory Board of NP "Hydropower of Russia"
- Member of the Board of Trustees of the Non-profit Foundation Soprichastnost
Membership on the Management Board:
Since 2010
Shareholding:
Share of the Issuer's ordinary shares owned – 0.003843 %
Did not purchase or sell company shares in the reporting period
Availability of loans from the Company and the Group companies:
No
Membership in Committees under the Board of Directors:
Committee for Reliability, Energy Efficiency and Innovation
Member of the Management Board, First Deputy CEO
Supervised blocks:
Block of financial and corporate governance
Born in: 1980
Education:
St. Petersburg State University of Engineering and Economics (Economics and Management at Engineering Enterprises, Management);
University of Wisconsin, Madison, USA (MBA)
Work experience for the last 5 years:
2015 - present - Adviser to the Chairman of the Management Board - CEO; First Deputy CEO; Member of the Management Board, First Deputy CEO of PJSC RusHydro
2009-2015 - Member of the Management Board; Deputy Chairman of the Management Board, First Deputy Chairman of the Management Board of PJSC FGC UES
Information on positions held in management bodies as of December 31, 2017 Information on the positions held in the management bodies of other organisations for the last 5 years is given in section 5.2.2 of the quarterly report of the Company for the 4th quarter of 2017, which is published at website. :
- Member of the Board of Directors of JSC RAO ES East (Chairman)
Membership on the Management Board:
Since 2016
Shareholding:
Does not own company shares
Did not purchase or sell company shares in the reporting period
Availability of loans from the Company and the Group companies:
No
Membership in Committees under the Board of Directors:
Committee for the Development of Energy in the Far East, Investment Committee
Member of the Management Board, First Deputy CEO
Supervised blocks:
Sales, economic planning and investments block
Born in: 1976
Education:
Pryanishnikova State Agricultural Academy of Perm (Economics and Management of Agricultural Production)
Regional Interdisciplinary Retraining Centre at Perm Technical University (Economics and Management)
Work experience for the last 5 years:
2010 - present - Executive Director for Economics; Director for Economics; Executive Director for Economics and Procurement; Deputy CEO for Economics, Investments, and Procurement; Member of the Management Board, First Deputy CEO of PJSC RusHydro
2010-2014 - CEO of RusHydro IT Service LLC
Membership on the Management Board:
Since 2015
Shareholding:
Does not own company shares
Did not purchase or sell company shares in the reporting period
Availability of loans from the Company and the Group companies:
No
Membership in Committees under the Board of Directors:
Investment Committee
Member of the Management Board, First Deputy CEO
Supervised blocks:
Block of strategy and innovations
Born in: 1981
Education:
Moscow State University (Economics) PhD in Economics
Work experience for the last 5 years:
2009 - present - Member of the Management Board, Deputy Chairman of the Management Board; Member of the Management Board, First Deputy CEO of PJSC RusHydro
2016 - present - Chairman of the Management Board of the Foundation for the Development of the Faculty of Economics of Moscow State University
Information on positions held in management bodies as of December 31, 2017 Information on the positions held in the management bodies of other organisations for the last 5 years is given in section 5.2.2 of the quarterly report of the Company for the 4th quarter of 2017, which is published at website. :
- Member of the Board of Trustees of the Faculty of Economics, Moscow State University
- Member of the Board of Trustees of the Non-profit Foundation Soprichastnost
Membership on the Management Board:
Since 2009
Shareholding:
Share of the Issuer's ordinary shares owned – 0.012860 %
Availability of loans from the Company and the Group companies:
No
Membership in Committees under the Board of Directors:
Committee for Reliability, Energy Efficiency and Innovation, Strategy Committee
Member of the Management Board, First Deputy CEO
Supervised blocks:
Administrative support block
Born in: 1956
Education:
Moscow State University (Journalism)
The Institute of Economics and Culture (Law)
Work experience for the last 5 years:
2016 - present - First Deputy CEO; Member of the Management Board, First Deputy CEO of PJSC RusHydro
2016 - present - Chairman of the Committee on Safety and Work with the fans of the Russian Football Union
2011-2016 - Head of Media Department in the Investigative Committee of the Russian Federation
Membership on the Management Board:
Since 2017
Shareholding:
Does not own company shares
Did not purchase or sell company shares in the reporting period
Availability of loans from the Company and the Group companies:
No
Report on the activities of the Management Board
In 2017, 64 meetings of the Board were held (12 of them were in person), at which 495 issues related to the Company's current activities were considered. Also, all issues submitted for consideration by the Board of Directors were preliminarily discussed.
Within the framework of control over the activities of the executive bodies, the Board of Directors regularly reviews the Board's reports on the execution of the Company's business plan, as well as on the implementation of key investment projects of RusHydro Group. In addition, the Board of Directors determines the target values of annual KPIs of members of the Management Board of PJSC RusHydro, approves reports on the performance of KPIs by members of the Company's Management Board. In addition, the Board of Directors reviews the Board's reports on the execution of certain assignments of the Board of Directors.