Andrey Melnichenko resigns from EuroChem Board of Directors and withdraws as main beneficiary
Zug, Switzerland, March 10, 2022 – EuroChem Group AG, a leading global fertilizer producer, announces that Andrey Melnichenko has resigned his position as Non-Executive Director of the Board of Directors, and withdrawn as main beneficiary, effective March 9, 2022.
The move follows Mr. Melnichenko’s inclusion in an EU sanctions list, and was taken to ensure EuroChem is able to continue providing millions of people around the world with nutrients for agriculture, helping to underpin global food security.