PhosAgro Phosphate fertilizer Leader Appoints New CEO

PhosAgro appoints new CEO, Andrey Guryev

7:11 AM, 1st August 2013
News On PhosAgro Indsutries

MOSCOW, RUSSIA: PhosAgro, a leading global vertically integrated phosphate-based fertilizer producer, has elected Andrey A Guryev as CEO. The current CEO Maxim Volkov has resigned. The Board of Directors has also appointed a new Management Board, which includes PhosAgro Board Member and CEO Andrey A Guryev, COO Mikhail Rybnikov, Deputy CEO Sergey Sereda, Deputy CEO for Corporate and Legal Affairs Alexei Sirotenko and CFO Alexander Sharabaiko. In addition, the Board approved a resolution allowing members of the Management Board to hold management positions in other entities.

“Maxim Volkov successfully led PhosAgro through many important years of development; he has assembled an excellent team of professionals who are well positioned to support the company’s continued growth. I am very pleased that Maxim will continue to support PhosAgro in his capacity as a Board member and the Chairman of the Strategy Committee,” said Sven Ombudstvedt, Board of Directors Chairman, PhosAgro.

“The Board unanimously supports Andrey A Guryev’s appointment to this position. He has a detailed understanding of all aspects of the business thanks to his nearly 10 years of experience with the company, during which he has taken on ever-increasing management responsibilities. After Andrey was named Deputy CEO for Sales and Logistics two years ago, PhosAgro significantly increased sales volumes to both domestic and international markets, reaching a record 5.3 million tonne in 2012,” added Ombudstvedt.

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