Management Board
The Company’s Management Board is a collective executive body responsible for the general management of business operations. The Management Board acts in the Company’s interests and reports to the Company’s General Meeting of Shareholders and the Board of Directors. Members of the Russian Railways Management Board are appointed by the Company’s Board of Directors, while the Chief Executive Officer (CEO) – Chairman of the Management Board is appointed by the Government of the Russian Federation.
In 2024, the Management Board of Russian Railways held 130 meetings, reviewing and resolving matters essential to the Group’s development.
Members of the Management BoardAs of 31.12.2024.
Members of Russian Railways’ Management Board are appointed by the Company’s Board of Directors (with the exception of the CEO – Chairman of the Management Board, who is appointed by the Government of the Russian Federation).
For more details on the Management Board’s performance and remuneration, see Russian Railways’ 2024 Annual Report, Management Board section.
Remuneration of the Management Board
Designed to improve the effectiveness of individual and collective performance of the Management Board members, the remuneration system relies on the achievement of the Company’s KPIs.
Total remuneration accrued and paid to the Management Board members in 2023 and 2024 amounted to RUB 1,182.030 m and RUB 1,091.597 m, respectively.
For details on the Audit Commission, internal control and audit see Russian Railways’ 2024 Annual Report, Audit and Control section.
