The receipts of the Management Board members of “Gazprom” increased by 43 percent during 2014, amounting to 2.54 billion roubles, according to “Interfax”.
The Management Board of the Oil and Gas Company consists of 17 people, including the Head of “Gazprom” Aleksei Miller. Thus, each top manager earned about 150 million roubles last year. The receipts of the top managers includes salaries, bonuses and remuneration for participation in the management bodies of the company, the total amount allows for the taxes on the income of private persons and insurance premiums. This does not include the remuneration of participation in the boards of subsidiaries of the holding company. Alongside with that, according to the materials of “Gazprom”, the profit of the company by the International Financial Reporting Standards (IFRS) decreased by 35 percent down to 572.7 billion roubles for the first 9 months of last year, as compared to the same period in 2013.
In November 2014 Miller took the second place in the ranking of the highest paid executives of Russian companies in 2013 compiled by Forbes. According to the publication, he earned $ 25 million for that year. The ranking is topped by the Head of VTB Andrei Kostin with the remuneration amount of $ 37 million.
Author: Anna Dorozhkina