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27

Mikhail Fridman Steps Down as CEO of TNK-BP and Chairman of the Management Board of OAO TNK-BP Management

Moscow, 2 July 2012 – TNK-BP announces that effective from 29 June 2012 and in line with previous notice, Mikhail Fridman has stepped down from his position as Chairman of the Management Board of TNK-BP Management and Chief Executive Officer of TNK-BP.

Mikhail Fridman Steps Down as CEO of TNK-BP and  Chairman of the Management Board of OAO TNK-BP Management Mikhail Fridman Steps Down as CEO of TNK-BP and  Chairman of the Management Board of OAO TNK-BP Management

Moscow, 2 July 2012 – TNK-BP announces that effective from 29 June 2012 and in line with previous notice, Mikhail Fridman has stepped down from his position as Chairman of the Management Board of TNK-BP Management and Chief Executive Officer of TNK-BP.  

Authority of M. Fridman, based on powers of attorney, has been delegated to Company management who will continue to run TNK-BP on a daily basis. 

Source : Neftegaz.RU