Income of Sechin and other members of the board of Rosneft has grown by 1 billion rubles

The total income of the members of the board of Rosneft, 69% of which belongs to the state, increased to 3.7 billion rubles in 2015. During 2014, the board received 2.8 billion rubles. The increase was mainly due to premiums.
16.02.2016
RBC
Origin source
The total income of the members of the Board of the oil company "Rosneft" in 2015 increased to 3.7 billion rubles., Follows from the company published a quarterly report (.pdf). At the end of 2014 the total income of the board was 2.8 billion rubles.

According to the report, the salary of board members amounted to 682 million rubles, the fee for participation in the work of the governing body -. 81.5 million rubles prize -. More than 2 billion rubles. Other remuneration amounted to 912 million rubles.

"Prizes include a sum of the annual bonus at the end of 2014, the one-time premium as a result of implementation of significant projects in the case of the Russian Federation state awards awarding of previous periods. Remuneration, bonuses or other remuneration in the form of members of the board of the company for the work in the subsidiaries of the management bodies of "NK" Rosneft "not paid", - the report says.

The outcome of the 2014 members of the Board of "Rosneft" received more than 743 million rubles. as wages, premiums amounted to more than 1.2 million rubles, and other types of remuneration -. 843 million rubles compensation.Ia expenses - 1.2 million rubles. The total income of the members of the Board for the year 2014 report (.pdf) exceeded 2.7 billion rubles.

Thus, the revenue growth of the company board members mainly occurred due to premiums, which rose from 1.2 billion to 2 billion rubles. Currently, the "Rosneft" board consists of 11 people. It is headed by the president of the company Igor Sechin.

In May 2015, RBC estimated the annual income of the president and chairman of the board of "Rosneft" Igor Sechin in the amount of 459 million to 612 million rubles. Then the company released a "Standard of payments and compensation of top managers." The document was approved by the Board of Directors of the oil company on 23 April and came into force the following day. According to it, the president of "Rosneft" salary is set at the level of 15-20 mln. per month. Thus, the annual salary of Igor Sechin is in the range of 180-240 million rubles. At the same time Vice-President Mikhail Leontiev oil company argued that the salary of a first-person "is much closer to the bottom border."

In addition to salary, the top managers within the Board of Directors of "Rosneft", it is believed a surcharge of 5% of the approvedthe board of directors of the company president's official salary. According to this rule, Sechin is in addition to the salary to receive from 9 million to 12 million rubles. in year.

The document also stated that "the normative dimension" Award to the President of "Rosneft" is set at 150% of his annual remuneration. The award is also due to be paid in the case of individual and collective performance of key performance indicators (KPIs), which are approved by the Board of Directors annually. If at the end of 2015 he finds a job as president Sechin deserving bonuses, his income may increase by another 270-360 million rubles.

The main shareholder of "Rosneft" is a fully state-owned JSC "Rosneftegas", which owns 69.50% of the company, 19.75% owned by BP company, one share owned by the state represented by the Federal Agency for State Property Management, the remaining shares are in free float.

In terms of general privatization, which is discussing the government planned sale of 19.5% of shares of "Rosneft".8 February capitalization of the company reached 2.85 trillion rubles., while the share of 19.5% was worth 555.75 billion rubles.