The board of directors of Russneft has extended the authority of the president of the company, Evgeny Tolochek, for another five-year term
Tolochek was first elected president of the company and took office on November 8, 2016.
Prior to that, in 2014-2015, he worked as Deputy General Director for Production of JSC Neftisa, and in June 2015 was appointed Vice President for Production and Geology of Russneft.
At the end of September 2021, the shareholders of Russneft at an extraordinary meeting re-elected the company's board of directors.
In the authorized capital of PJSC Russneft, businessman Sait-Salam Gutseriev (brother of Mikhail Gutseriev) owns about 25% through Vemonar Holdings Limited, and 8.3% is owned by the investment holding SFI (MOEX: SFIN) (formerly PJSC Safmar Financial Investments), either directly and through its subsidiary Weridge Investments Limited. Another 23.5% of the company's capital is controlled by Glencore trader. The preferred shares of the company are owned by the Bank of Russia Bank Trust - 16.52% (19.23% in the authorized capital) and LLC Business Finance (owned by VTB Bank (MOEX: VTBR) - 8.5% (corresponds to the share in the authorized capital). 20% of the ordinary shares of the oil company, corresponding to 15% of the authorized capital, are in free circulation.