Sergey Frank elected Chairman of the board of directors of Sovcomflot

June 25, 2021
Sergey Frank, Chairman of the Board of Directors of Sovcomflot

On 23 June 2021 the first organisational meeting of the new Board of Directors of PAO Sovcomflot, previously elected by the Annual General Meeting of Shareholders of PAO Sovcomflot, was held.

During the meeting Sergey Frank was elected the Chairman of the Board of Directors of PAO Sovcomflot.

The members of the Board of Directors discussed the workflow and organisational issues and formed the committees of the Board of Directors for strategy, audit, personnel and remuneration, as well as the committee for innovation development and technical policy of the company.

Previously, the Annual General Meeting of Shareholders of PAO Sovcomflot on June 15 supported the proposal of the Board of Directors of PAO Sovcomflot to pay a dividend of RUB 6.67 per share. The total dividends amounted to RUB 15.8 billion.

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