CORPORATE GOVERNANCE
Governance Bodies
Globaltruck attaches great importance to its corporate governance procedures. Transparency about administrative processes and disclosure of information about the company's activities are considered to be the most important factors for effective growth and sustainable development of the Company.
The Company is in compliance with the corporate governance requirements applicable to it as a Russian public company listed on the Moscow Exchange. In accordance with the relevant provisions of Russian law, the Company has the following governance bodies: the General Shareholders' Meeting, the Board of Directors and the Sole Executive Body (the General Director). The Board of Directors is assisted by three committees vested with special functions: the Nomination and Remuneration Committee, the Audit Committee and the Business Digitalisation Strategy Committee. The Company's corporate governance bodies operate in accordance with the laws of Russia, the Company's Charter and the Company's internal documents.
The Company is in compliance with the corporate governance requirements applicable to it as a Russian public company listed on the Moscow Exchange. In accordance with the relevant provisions of Russian law, the Company has the following governance bodies: the General Shareholders' Meeting, the Board of Directors and the Sole Executive Body (the General Director). The Board of Directors is assisted by three committees vested with special functions: the Nomination and Remuneration Committee, the Audit Committee and the Business Digitalisation Strategy Committee. The Company's corporate governance bodies operate in accordance with the laws of Russia, the Company's Charter and the Company's internal documents.
General Shareholders' Meeting
The powers of a General Shareholders' Meeting are set out in the Joint Stock Companies Law and in the Company's Charter. A General Shareholders' Meeting may not decide issues that are not included in the list of its authority under the Joint Stock Companies Law and the Charter.
Board of Directors
The Board of Directors is responsible for general management matters, with the exception of those matters that are designated by law and the Company's Charter as being the exclusive responsibility of the General Shareholders' Meeting. The Board of Directors determines the Company's development strategy and has overall responsibility for the Company during the period between General Meetings of shareholders.
The Company's Board of Directors consists of nine members, including two independent directors.
The Company's Board of Directors consists of nine members, including two independent directors.
ALEXANDER ELISEEV
Chairman of the Board of Directors
Alexander Eliseev has been Chairman of the Board of Directors of the Company since November 2019. Prior to that, he was a member of the Board of Directors and Chief Executive Officer the Company since July 2017. Mr. Eliseev has more than 15 years of experience in the logistics sector in various senior management positions. Mr. Eliseev co-founded Globaltrans in 2004, has been a member of the Board of Directors of Globaltrans since 2008. He has also been the member of the Board of Directors of Globaltrans subsidiaries JSC New Forwarding Company (since 2003) and LLC BaltTransService (since 2014). Mr. Eliseev had been the member of the Board of Directors of CJSC Ural Car Repair Company (from 2006 to 2018) and LLC GTI Management (from 2014 to 2018). Mr. Eliseev received a degree from the Russian State Medical University in 1992.
ROMAN BELIKOV
Member of the Board, Chief Financial Officer
Roman Belikov was appointed Chief Financial Officer in January 2020. He has been a member of the Company's Board of Directors since July 2020. He has been working in the field of logistics for more than 15 years. Prior to joining Globaltruck, he worked in Transgarant, MMK Trans and MMK Transmetsnab. . In 2019-2020, he was a member of the Company's Audit Comission, and in 2017-2018 he was the Director of the Company's Credit Department. He received a degree in economics from the Voronezh State University in 1998.
TIMUR BORIDKO
Member of the Board
Timur Boridko has been a member of the Board of Directors since July 2020. He has vast experience in the field of investment, corporate finance and venture capital financing. He is currently a member of the Board of Directors in several international companies (FreightHub Gmbh, Drover Limited, Paack SPV Investments S.L.). In 2012, Timur graduated from Financial University under the Government of the Russian Federation with a degree in finance and lending.
Alexander Lobanov
Member of the Board
Senior Vice President of Russian Direct Investment Fund
Senior Vice President of Russian Direct Investment Fund
Alexander has more than 12 years of experience in investment industry, including 10 years in Russian and international private equity funds. Currently he is the Senior Vice President of Russian Direct Investment Fund. In 2006 he graduated from the State University – Higher School of Economics with a Master degree in Economics.
ELIZAVETA MARKUNINA
Member of the Board, Deputy CEO on Legal
Elizaveta Markunina has been a member of the Board of Directors since September 2017. She is also a member of the Board of Directors of JSC Lorry, LLC Globaltruck Logistic and LLC Gruzoprovod. She also is the Head of the Legal and Corporate department at LLC Globaltruck Logistic. Prior to joining the Group, Ms. Markunina was the Head of the Legal and Corporate department at LLC Transconsult Management, from 2007 to 2013 she was the Head of the Legal and Corporate department at LLC Logistics and Transport. Ms. Markunina received a degree in jurisprudence from the Russian University of Transport.
ELENA PAKHOMOVA
Member of the Board
Elena Pakhomova has been a member of the Board of Directors since July 2020. Elena has more than 20 years of experience in transport industry. In 2008-2016, she was a member of the Board of Directors of LLC New Car Repair Company, in 2004-2019 she was a member of the audit commission of JSC New Forwarding Company. From 2017 to March 2020, she was a CEO and a member of the Board of Directors of LLC Kashalot. She graduated from the Moscow Aviation Institute in 1995 and Moscow State University in 1999.
Tagir Sitdekov
Member of the Board
First Deputy CEO of Russian Direct Investment Fund
First Deputy CEO of Russian Direct Investment Fund
Prior to joining RDIF, Tagir worked as managing director at A1 (Alfa Group's private equity arm). He has more than 10 years of private equity experience. Tagir participated in a number of landmark PE transactions including investment into the leading Russian beer producer Baltika, with the subsequent exit through the sale of the stake to the majority shareholder BBH Group. He also was part of the joint acquisition, alongside Goldman Sachs, of a 50% stake in one of the largest car dealerships in Russia, Nezavisimost. He graduated from the Plekhanov Russian University of Economics (Russia) and the University of Chicago Booth School of Business (Executive MBA).
KLIMENT FALALEEV
Member of the Board, Independent director
Kliment Falaleev has been a member of the Board of Directors since July 2020. He has more than 15 years of experience in the construction industry. He had served on executive positions in CJSC LSR Group, one of the leading Russian real estate companies. In 2001, Kliment Falaleev received a management degree in Saint Petersburg University of Fine Mechanics and Optics. In 2012, he graduated from Chicago Booth School of Business with EMBA.
NATALYA YAKOVLEVA
Member of the Board, Independent Director
Natalya Yakovleva has been a member of the Board of Directors since September 2017. She is also a partner at PricewaterhouseCoopers, where she has worked since 1993 and followed a career path from an auditor to a partner. Ms. Yakovleva has also been a member of the Board of Directors at media research company Mediascope since December 2016. Ms. Yakovleva received a degree in international economics from the Moscow State Institute of International Relations in 1994.
Key Management
The Company does not have a Management Board, and executive functions are carried out by its Sole Executive Body (the General Director).
The Company's General Director conducts the general management of the Group's financial and operational activities. The General Director exercises executive authority over all of the Company's major activities, except for issues specifically reserved for the exclusive authority of the General Shareholders' Meeting and Board of Directors. Under the Charter, the Board of Directors appoints the General Director for a term no longer than three years and may re-appoint him or her an unlimited number of times.
The Company's General Director conducts the general management of the Group's financial and operational activities. The General Director exercises executive authority over all of the Company's major activities, except for issues specifically reserved for the exclusive authority of the General Shareholders' Meeting and Board of Directors. Under the Charter, the Board of Directors appoints the General Director for a term no longer than three years and may re-appoint him or her an unlimited number of times.
ILYA SATTAROV
Chief Executive Officer
Ilya Sattarov has been the CEO of the Company since November 2019. He is also a member of the Board of Directors of JSC Lorri, LLC Longrun Logistic and LLC GT IT. He has 9 years of experience in the logistics industry and 13 years of experience in the banking sector in senior positions. Prior to his appointment, he worked in PJSC Magnit as First Deputy General Director, Operational Director and Member of the Management Board. There, he was responsible for the development of the supply chain, transport and warehouse logistics, importing operations, and was responsible for working with staff members. Previously, Ilya Sattarov worked in the banking industry in senior positions in companies such as Alfa-Bank, Societe Generale, Rosbank. He graduated from Kuban State University with a degree in finance and lending in 1998. In 2015, he received an MBA degree in Corporate Strategy from the Institute of Modern Technologies and Economics.
EVGENY NEKRASOV
First Deputy Chief Executive Officer
Evgeny Nekrasov was appointed First Deputy CEO in November 2019. He is also a Member of the Board of Directors of LLC Magna, LLC Longrun Logistic and LLC Gruzoprovod, and the CEO of LLC GT IT. He has wide experience in logistics and supply chain management: in PJSC Magnit he held the positions of Deputy General Director and Departments director, where he managed transport, warehouse and external logistics. Evgeny Nekrasov has extensive experience in tactical and strategic planning, operational management, optimisation and digitalisation of logistics processes. He graduated from Rostov State University of Economics in 2001.
ROMAN BELIKOV
Member of the Board, Chief Financial Officer
Roman Belikov was appointed Chief Financial Officer in January 2020. He has been a member of the Company's Board of Directors since July 2020. He has been working in the field of logistics for more than 15 years. Prior to joining Globaltruck, he worked in Transgarant, MMK Trans and MMK Transmetsnab. In 2019-2020, he was a member of the Company's Audit Comission, and in 2017-2018 he was the Director of the Company's Credit Department. He received a degree in economics from the Voronezh State University in 1998.
KONSTANTIN GUROV
New Business Development Director
Konstantin Gurov was appointed New Business Development Director in November 2019. For more than 8 years prior to appointment, he worked in PJSC Magnit at various managerial positions, including more than 5 years as a Function Director, where he was involved in the development of infrastructure and warehouse logistics technologies. Konstantin has extensive experience in development of technological and IT solutions to improve logistics operational efficiency, quality control of delivery processes, and in long-term development strategy formulation for the company's logistics branch. He graduated from the Kuban State Technological University in 2008.
YURI ELISEEV
Director of Economics
Yuri Eliseev was appointed Director of Economics since November 2019. He is also a Member of the Board of Directors of JSC Lorry, LLC Globaltruck Logistic, LLC Magna, LLC Longrun Logistic and LLC Gruzoprovod. Prior to joining Globaltruck, he worked as Director of Sales Forecasting and Analysis at Magnit. He has more than 10 years of experience in analytics and IT in various areas: transport logistics, supply chains, assortment management, sales. He graduated from Kuban State University in 2007.
DMITRY NENASHEV
Commercial Director
Dmitry Nenashev was appointed Commercial Director in November 2019. He is also a Member of the Board of Directors of LLC Globaltruck Logistic and LLC Gruzoprovod. Prior to joining Globaltruck, he worked as Director of Transport at PJSC Magnit. He was responsible for managing operational and dispatching processes of the company's owned and outsourced fleet, implementing and coordinating IT infrastructure for logistics. He graduated from Kuban State University in 2005 with a degree in finance and lending.
ANATOLY MINUTIN
Operational Director
Anatoly Minutin was appointed Operational Director in February 2020. He has more than 13 years of experience in transports and logistics. Prior to joining Globaltruck, he had worked in Lorus SCM since 2018, where he was a member of the Management's Council on development strategy, and a Director on inner-city transportation logistics. He had also worked in PJSC Magnit, where he followed a career path from a staff member to the deputy director on freight logistics. In 2005, Anatoly Minutin graduated from Ivanovo State Textile Academy with a degree in mechanics and automatics. In 2018, he received an MBA in the Institute of Modern Technologies and Economics.
Committees of the Board of Directors
To improve the effectiveness of resolutions passed by the Board of Directors, ensure more detailed preliminary discussions of most important matters and prepare relevant recommendations, Globaltruck has three dedicated Committees of the Board of Directors.
Audit Committee
The Company's Audit Committee, currently consisting of two members monitors the completeness, accuracy and reliability of the accounting records. The Committee reviews, on an independent basis, the financial information provided by the Group's management as well as supervises the internal control system and the procedures that ensure the Company's compliance with legal requirements in reporting.
The Committee was established with the purpose of facilitating the effective performance of the Board of Directors in terms of controlling the Company's financial and operational activities. The current members of the Audit Committee are Natalya Yakovleva (the Head of the Committee) and Kliment Falaleev.
The Committee was established with the purpose of facilitating the effective performance of the Board of Directors in terms of controlling the Company's financial and operational activities. The current members of the Audit Committee are Natalya Yakovleva (the Head of the Committee) and Kliment Falaleev.
Nomination and Remuneration Committee
The Company's Nomination and Remuneration Committee, currently consisting of three members, oversees the Group's human resources and social policies, motivation and remuneration.
The committee advises the Board of Directors on adoption of the long-term incentive schemes for the Company's key management and the members of the governing bodies, and on establishing performance targets for senior management and variable pay schemes for other employees.
The committee also reviews the Company's personnel policy and human resources processes including those relating to recruitment and assessment. The current members of the Nomination and Remuneration Committee are Kliment Falaleev (the Head of the Committee), Roman Belikov and Elizaveta Markunina.
The committee advises the Board of Directors on adoption of the long-term incentive schemes for the Company's key management and the members of the governing bodies, and on establishing performance targets for senior management and variable pay schemes for other employees.
The committee also reviews the Company's personnel policy and human resources processes including those relating to recruitment and assessment. The current members of the Nomination and Remuneration Committee are Kliment Falaleev (the Head of the Committee), Roman Belikov and Elizaveta Markunina.
BUSINESS DIGITALISATION STRATEGY COMMITTEE
The Company's Business Digitalisation Strategy Committee was established in August 2020 and currently consists of three members. The Committee interacts with the Company's operational management on development issues in the field of IT.
The current members of the Business Digitalisation Strategy Committee are Alexander Eliseev (the Head of the Committee), Timur Boridko and Alexander Lobanov.
The current members of the Business Digitalisation Strategy Committee are Alexander Eliseev (the Head of the Committee), Timur Boridko and Alexander Lobanov.