Rosneft heads get $361mn including bonuses for six months

Rosneft heads get $361mn including bonuses for six months
Igor Sechin

The top managers received 300 million rubles more than in 2018.

According to the results of the first six months of 2019, Rosneft’s board members received 2.36 billion rubles ($361 million) of remuneration.

The salary amounted to 405.5 million rubles, bonuses - 1.477 billion, remuneration for participation in the work of the governing body - 57.8 million rubles, travel expenses and other remuneration - 449 million rubles.

“In addition, bonuses to members of the company's management board are associated with the implementation of key performance indicators, including the achievement of a record net profit of 649 billion rubles in 2018, an increase in the company's capitalization of more than 40%, and the successful implementation of the Rosneft-2022 strategy in the field of technology development,” Rosneft representatives said.

In the first half of 2018, the board members of the corporation received 2.1 billion rubles.

The board members of Rosneft are 11 people, including their head, Igor Sechin.

Previously, Baza reported that Rosneft was wiretapping its phones after article about Sechin’s $306mn residence.

Tags: Rosneft
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