Russia Nominates Austrian Ex-Minister Kneissl to Rosneft Board
(Bloomberg) -- The Russian government has nominated Austrian former Foreign Minister Karin Kneissl for a seat on the board of directors of oil giant Rosneft PJSC, according to an order published Wednesday.
While foreign minister, Kneissl hosted Vladimir Putin at her 2018 wedding, dancing with the Russian president at the ceremony. Since leaving government the following year, she has contributed commentaries to the Kremlin-funded RT news network. She didn’t respond to a request for comment through her website Wednesday.
If Rosneft’s shareholders approve Kneissl’s nomination at their general meeting, she will join former German Chancellor Gerhard Schroeder, who has served as chairman of the board and independent director since 2017. Schroeder’s close ties with the Kremlin have raised criticism in Germany.
While Russia reduced its stake in Rosneft, the country’s largest crude producer, to just over 40% last year, it remains the largest shareholder, which means its nominees are likely to be approved.
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