MOVES: Andrey A. Guryev resigns as PhosAgro CEO following EU sanctions
LONDON (ICIS)–Andrey A. Guryev has resigned as PhosAgro CEO, the Russian fertilizer producer major said on Thursday.
The company has appointed Mikhail Rybnikov as a replacement.
The EU has issued sanctions on Andrey Melnichenko, owner of EuroChem, Andrey Guryev and URALCHEM’s CEO and owner of Uralkali Dmitry Mazepin.
The sanctions include bans and asset freezes.
Chairman Xavier Rolet, deputy chairman Andrey G. Guryev, and Andrey A. Guryev himself have all stepped down from their posts on PhosAgro’s board of directors, added the company.