×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

TNK-BP Board Meeting Off

The TNK-BP board of directors meeting scheduled for Feb. 24 has been canceled due to the absence of quorum and cannot be held until two new independent directors are appointed, Interfax reported Monday.

For quorum to be achieved, the board of directors must have 11 participants, including three independent directors. TNK-BP's board of directors currently only has one independent director, Alexander Shokhin, who was nominated by the Alfa-Access-Renova consortium.

A search for candidates to be new independent directors, to be conducted by the Egon Zehnder agency, is expected to commence this month.

(MT)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more