Balanced Composition of the Board of Directors and its Committees

In 2018, the composition of the Board Directors was changed twice. To 20 February 2018, the Board of Directors included:

  1. Andrey Starkov (Chairman);
  2. Richard Andreas Werner;
  3. Irina Kostenets;
  4. Yuri Novozhilov;
  5. Leila Mammed Zade;
  6. Peter Lloyd O’Brien;
  7. Alexander Panchenko;
  8. Andrey Tonkikh;
  9. Sergey Tugarinov;
  10. Steven Hellman;
  11. Irina Shytkina.

On 20 February 2018, seven new members joined the Board of Directors. As a result, the Board of Directors had the following composition effective till the end of 2018:

  1. Andrey Starkov (Chairman);
  2. Vladimir Gaponko;
  3. Mark Garber;
  4. David Davidovich;
  5. Igor Koval;
  6. Sergey Ludin;
  7. Leila Mammed Zade;
  8. Tatiana Orlova;
  9. Alexander Panchenko;
  10. Sergey Tugarinov;
  11. Evgeny Charkin.

The balanced mix of experience, competencies, age, gender and ethnicity within the Board of Directors enables its members to review and discuss the agenda items more effectively and thoroughly by drawing on their varied sociocultural backgrounds. The resulting decisions take greater account of stakeholder interests and contribute to the Company’s sustainable development in the long run.

Item 2017 2018
Finance, economics 4 8
Industry-specific 2 6
Law 3 0
Business 3 3
Educational Background of the Board Members*Igor Koval, Sergey Ludin, Leila Mammed Zade, Tatiana Orlova, and Andrey Starkov have two or more university degrees or areas of expertise. Mark Garber and Alexander Panchenko have an academic degree.(%)
The Correlation Between the Number of Independent and Non-independent Directors (%)

Board of Directors: Breakdown by Gender (%)
Board of Directors: Breakdown by Age (%)
Key Competencies of the Board Members by Professional Area and their Relevant Track Record
No. Full name Track record as a member of the Company’s Board of Directors Professional experience in the transportation industry Finance, economics, audit Strategy Risk management Corporate governance and legal matters Transportation and logistics (industry-specific) HR management
1. Andrey Starkov 1 year and 11 months Over 5 years + + +
2. Sergey Tugarinov 4.5 years Over 20 years + +
3. Vladimir Gaponko 11 months Over 5 years + + + +
4. Mark Garber 11 months + + +
5. David Davidovich 11 months + + +
6. Igor Koval 11 months Over 5 years + + + +
7. Sergey Ludin 11 months + + +
8. Leila Mammed Zade 2.5 years + + + +
9. Tatiana Orlova 11 months Over 5 years + +
10. Alexander Panchenko 4.5 years + + + + +
11. Evgeny Charkin 11 months Over 4 years +