Executive bodies

In charge of PhosAgro’s day-to-day operations are two executive bodies accountable to the Board of Directors:

  • the collegial body (Management Board) and
  • the sole executive body (CEO).

In 2022, the Management Board held four meetings and reviewed eight items most of which were related to the budget discipline.

Number of Management Board meetings
Breakdown and number of matters considered

At least twice a year (after the end of the previous calendar year and on election of a new Management Board), the CEO submits a report on the performance of PhosAgro's executive bodies to the Board of Directors for review and approval.

We ensure that the executive management focuses on PhosAgro Group's strategy and long-term sustainable business development for the benefit of our shareholders and other stakeholders by linking executive remuneration to the Company's goals and values, as well as ESG KPIs.

Changes in the Management Board composition

The following changes to the Management Board took place in 2022. On 11 March 2022, the following members of the Company's collective executive body (Management Board) were elected: Mikhail Rybnikov, Yuriy Krugovykh, Siroj Loikov, Alexander Seleznev, Alexei Sirotenko, and Alexander Sharabaika.

In May 2022, the number of Management Board members was approved at three. Since that date and as at 31 December 2022, members of the Management Board are Mikhail Rybnikov, Alexei Sirotenko and Dmitry Morozov.

Information on members of the Management Board

For more information on Mikhail Rybnikov, please see “Board of directors” section

Professional experience

2017 – Pr. – Apatit, Legal Affairs Director

2017–2019 – Apatit, Member of the Management Board

2015–2017 – PhosAgro-Cherepovets, Legal Affairs Director, Member of the Management Board

2013 – Pr. – PhosAgro, Member of the Management Board

2010 – Pr. – PhosAgro, Deputy CEO for Corporate and Legal Affairs (part-time)

Education

Lomonosov Moscow State University, Degree in Jurisprudence, Lawyer.

Key competencies
  • Law and corporate governance
Professional experience

2022 – Pr. – PhosAgro, Member of the Management Board

2022 – Pr. – Apatit, Director for Economic Affairs

2022 – Pr. – PhosAgro, Advisor to the CEO (part-time)

2019–2022 – PhosAgro, Director for Economic Affairs

2015–2019 – PhosAgro, Director for Economic Affairs and Finance

Education

Moscow State Institute of International Relations (Russia), Degree in International Economic Relations as an Economist for International Economic Relations

Key competencies
  • Strategy and innovation
  • Finance and audit