Management
- CEO: Steven M. Theede
- CFO: Bruce K. Misamore
- Chairman of the board: Viktor Gerashchenko
By mid-December, 2004, all members of the board of Yukos, and most of the company's senior managers, had left Russia, some of them because of "fear of arrest" after being "summoned for questioning by prosecutors". According to a December, 2004, Houston, Texas court filing the CFO resides in Houston. According to a company spokeswoman the CEO resided in London, UK as of December, 2004.
Executives Mikhail Brudno and Vladimir Dubov fled to Israel in 2003, and were seen on February 2, 2005 in Washington, D.C. at an official function of George W. Bush. Both men are cited in an international arrest warrant regarding their involvement in the Yukos tax case. On Wednesday 6 April 2006, the company's Executive Vice President, Vasily Aleksanyan, was arrested just six days into his new role. Yukos commented on its web site that, "We can only assume that this action against him is a direct result of his accepting a position to work to protect Yukos Oil Company and its legitimate stakeholders."
The next month, it was reported that some individuals established themselves as the "New Management" of Yukos. However, this was apparently an illegal act, as Yukos "emphatically rejected" the legitimacy of the "new management" which had Vinokurov as President. According to Yukos, these individuals were "loyal to Rosneft" and had as goal the downfall of Yukos.
Yukos' lawyer Pavel Petrovich Ivlev has been accused of several crimes, after which he moved to the USA.
In July 2006, one week before creditors would vote if they should file for bankruptcy, Steven Theede resigned his function because he believed the outcome of this vote was already fixed and therefore this meeting would qualify as a "sham".
Read more about this topic: Yukos
Famous quotes containing the word management:
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—Thomas Carlyle (1795–1881)
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