Former German Chancellor Joins TNK-BP Board

摘要

Former German Chancellor Gerhard Schroeder is one of three independent directors appointed to the main board of TNK-BP. Also joining the board are James Leng, chairman designate of Rio Tinto, and Alexander Shokhim, president of the Russian Union of Industrialists and Entrepreneurs. BP and Alfa-Access Renova, each of which owns 50% of TNK-BP, agreed to appoint the three independent directors to avoid the risk of deadlock. BP and AAR each have four members on the 11-person board.