Sergey Chemezov will leave Norilsk Nickel

His presence in the board directors of Uralkali is more important. 
General Director of "Rostec" Sergey Chemezov will not enter into a new board of directors of MMC «Norilsk Nickel» , to the company's message. Minority shareholder of MMC - "Metalloinvest" Alisher Usmanov, Chemezov nominated in 2013 - did not nominate him for another term. The reasons for this in the Council meeting is called, three sources told "Vedomosti" close to the "Norilsk Nickel". According to them, Chemezov very busy: he recently led the directors of "BRIC" advice.

"The repertoire of the board of directors, where Sergey Viktorovich present enormous. But he can not close on itself all. We must choose in favor of those companies, where it is more important to be present ", - explained the man, close to the" Rostec ". Chemezov himself in an interview with Bloomberg said that went to "Uralkali" to facilitate its cooperation with the "VSMPO-Avisma", where "Rostec" owns 25% of shares. The largest producer of titanium receives from «Uralkali» raw material for some alloys, said a person close to the "Rostec".

Chemezov was in the "Norilsk Nickel" Board indeimym director. His nomination of a year ago was a surprise to the major shareholders of the company - «Interros» (30,3%), UC Rusal (27,8%) and Millhouse (about 6%). The work of independent director in the "Norilsk Nickel" well paid - $ 120 000 per year, an additional $ 50,000 a year can get for membership on the committee. But Chemezov was not included in any of the committees.

In total on the board "Norilsk Nickel" 13 Directors. The new composition of the shareholders elect at the Annual Meeting of June 6th. "Metalloinvest" suggested Deputy Director General "Rostec" Sergey Skvortsov, as well as co-owner and chairman of the board of directors of USM Holdings Farhdara Moshiri. To carry out the candidate the board of directors of "Norilsk Nickel", must be 7.7% of the vote. Package "Metalloinvest" - about 5% (an increase in the package are not reported), and he always managed to hold the board only one person. Until 2013 the interests of "Metalloinvest" in the "Norilsk Nickel" presented Moshiri. Which of them would vote "Metalloinvest" is unknown. The representative of "Metalloinvest" for calls not answered.

"Interros" did not change candidates (General Director of "Yingerrosa "Sergei Barbashev, his deputy Alexey Bashkirov and Marianna Zakharova, as well as the Deputy Director General of" Norilsk Nickel "Andrei Bugrov). Like a year ago, the UC Rusal has put forward the first deputy En + Maxim Sokov, UC Rusal first deputy Vladislav Soloviev and director general adviser of JSC "RUSAL Management BV" Stalbek Mishakova by replacing only one candidate - director of UC Rusal Alumina business Valery Matvienko Director control UC Rusal Yegor Ivanov. Millhouse again nominated to the board president of "Invest AG" Sergei Bratukhina.

Former independent directors: Former De Beers CEO Gareth Penny (now heads the board of directors of "Norilsk Nickel"), an ex-director of Bain & Company Russia Prinsloo Gerhardus and head Highcross Resources Ltd Robert Edwards.