Gerhard Schroeder and his deputy announced the impossibility of extending their powers on the company’s board of directors.
The chairman of the board of directors of the state oil company Rosneft, former German chancellor Gerhard Schroeder has announced his resignation. It was reported on the Rosneft website on Friday, May 20th.
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“Messrs. Gerhard Schroeder and Matthias Warnig have announced the impossibility of extending their powers to the company’s board of directors,” the statement said.
Rosneft said they sympathize with their decision and the very important role of Schroeder and Warnig “in the implementation of major infrastructure projects in Russia and Germany aimed at improving the efficiency of the German economy and its industry, and the well -being of its citizens. “
As you know, the former Chancellor of Germany has been on and chairing Rosneft’s board of directors since 2017. Warnig joined the council in 2011, since July 2014 he has been Schroeder’s permanent representative. Both had the status of independent directors.
In addition, Schroeder is Chairman of the Shareholders ’Committee of Nord Stream AG, operator of the Nord Stream gas pipeline, and holds a similar position at Nord Stream 2 AG, operator of the Nord Stream 2 gas pipeline. In early February, it was learned that Schroeder had been appointed to the board of directors of Russia’s state concern Gazprom.
Recall that after the start of the war in Ukraine, Gerhard Schroeder retained his post in Rosneft, which is why he was severely criticized in Germany. This week, the Bundestag’s Budget Committee stripped the former Chancellor of certain special rights in connection with his support of Vladimir Putin’s policies.
And on the eve of the European Parliament was recommended to impose sanctions against Schroeder. But the acting Chancellor of the Federal Republic of Germany, Olaf Scholz, has already spoken out against it.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.