Mr Ombudstvedt, who has been chairing the Phosagro board for several years, will get another period as company leader, the company’s annual meeting of shareholders decided this week.
Now, however, Ombudstvedt will lead Phosagro together with Andrey Guryev, the company’s strongman and owner of a lion’s share of the company shares. The meeting of shareholders appointed Guryev new deputy board chairman, a press release informs.
As previously reported, Guryev in late May resigned from the Federation Council, where he for 12 years had represented Murmansk Oblast, and subsequently announced that he would now devote more time to the management of Phosagro.
Phosagro is a leading company within the production if fertilizer, phosphates and feed phosphates. After a longer period of consolidation, the company this year secured full control over Apatit, the major fertilizer producer in Murmansk Oblast.
Sven Ombudstvedt himself has a background from the fertilizer industry in Norway and was for several years part of the management team in Yara International. He has since 2010 been president and CEO of Norske Skog, the Norwegian paper producing company.
