9-29-17 11:16 AM EDT | Email Article
   By Carlo Martuscelli 
 

Rosneft Oil Co. (ROSN.MZ) on Friday elected former German chancellor Gerhard Schroeder to the position of chairman of the board of directors.

The Russian oil-and-gas company approved the appointment at an extraordinary shareholders meeting held in St. Petersburg. At the meeting, a new board of directors was elected and its number increased to 11 from nine.

Mr. Schroeder is also a non-executive director on the board of Nord Stream AG--a consortium for the construction of an underwater pipeline between Russia and Germany.

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

September 29, 2017 11:16 ET (15:16 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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