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Maxim Barsky to become next TNK-BP CEO

Staff writer | Moscow, Russia | November 20, 2009
TNK-BPNovember 20, 2009, Moscow, Russia - TNK-BP, an oil company, appoints Maxim Barsky, TNK-BP executive vice president for strategy and business development, as the TNK-BP Group's future CEO, effective January 1, 2011.
Since joining TNK-BP in June 2009 Mr. Barsky has been executive vice president strategy and business development of the TNK-BP group of companies. Before joining TNK-BP, he was managing director and a member of the board of directors of West Siberian Resources, an independent oil and gas company with operations in Russia. He has diverse experience in creating and managing businesses, in mergers and acquisitions, business development and investment consulting in Russia, the UK and the US.

To deepen his international and industry knowledge, Mr. Barsky will spend the first five months of 2010 working in various upstream businesses at BP and BP's head office in London. As of 1 June 2010, he will return to TNK-BP in a senior executive role, joining the management team that has recently been strengthened by the appointment of Bill Schrader, former president of BP Azerbaijan, as TNK-BP's chief operating officer.

Until January 1, 2011, Mikhail Fridman has agreed to continue to act as interim CEO, in addition to his role as executive chairman of the Board of Directors of TNK-BP Limited.


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