Executive bodies
In charge of PhosAgro’s day‑to‑day operations are two executive bodies accountable to the Board of Directors:
- the collegial body (Management Board) and
- the sole executive body (CEO).
At least twice a year, at the end of six months and full calendar year, the CEO submits a report on the performance of the Company’s executive bodies to the Board of Directors for review and approval. The report traditionally includes highlights of the Company’s production, sales, logistics, and procurement operations, and data on progress against key investment and target projects. It also focuses heavily on the executive team’s environmental and occupational safety performance, social support for employees, and external social investments.
In the reporting year, the Company delivered robust HSE results, ticking off most relevant KPIs. In addition to that, PhosAgro continued to honour all its social commitments to develop the regions of operation, keeping its support for social and charitable projects unchanged from the previous year’s record level. The Board of Directors praised the performance of executive bodies and key executives for their due consideration of ESG factors and addressing sustainability issues.
The executive bodies and management team of the Company focuses on PhosAgro’s strategy and long‑term sustainable business development for the benefit of shareholders and other stakeholders by linking executive remuneration to the Company’s goals, including those in the realm of ESG.
In May 2024, the number of Management Board members was approved at three. Since that date and as at 31 December 2024, members of the Management Board are Mikhail Rybnikov, Alexei Sirotenko, and Dmitry Morozov.
Information on members of the Management Board
For more information on Mikhail Rybnikov see the Board of Directors section
Professional experience
2017 – Pr. – Apatit, Legal Affairs Director
2013 – Pr. – PhosAgro, Member of the Management Board
2010 – Pr. – PhosAgro, Deputy CEO for Corporate and Legal Affairs (part‑time)
Education
Lomonosov Moscow State University, Degree in Jurisprudence, Lawyer
Key competencies
- Law and corporate governance
Professional experience
2022 – Pr. – PhosAgro, Member of the Management Board
2022 – Pr. – PhosAgro, Advisor to the CEO (part‑time)
2019 – Pr. – Apatit, Director for Economic Affairs
2019–2022 – PhosAgro, Director for Economic Affairs
Education
Moscow State Institute of International Relations (Russia), Degree in International Economic Relations, Economist for International Economic Relations
Key competencies
- Strategy and innovation
- Economics, finance and audit