Report of the Strategic Planning Committee
Statistics on the Committee meetings
In 2016, the Committee held three in person meetings and discussed ten agenda items.
Roles of the Committee
|Determine strategic goals of the Company’s activities; participate in the development of the Company’s Strategy, and monitor its implementation; and make recommendations to the Board of Directors as to adjustments to the Company’s existing Strategy|
|Determine the Company’s business priorities|
Preliminary consideration and making of recommendations to the Board of Directors on:
|Evaluate long-term performance of the Company|
|Assess voluntary and mandatory offers for the Company’s securities|
|Review the Company’s financial model and a model for valuation of its business and business segments|
|Consider reorganisation or liquidation of the Company and its controlled entities|
|Consider changes to the organisational structure of the Company and its controlled entities|
|Consider reorganisation of business processes in the Company and its controlled entities|
Key items discussed by the Committee
- Reviewed a draft version of the updated FPC’s Development Strategy until 2030;
- Reviewed the Investment Programme for 2017–2019 and adjustments for 2016.
- Reviewed the budget for 2017–2019 and adjustments for 2016.
- Reviewed drafts of FPC’s Financial Plan for 2017 and forecasts for 2018–2019.
- Approved the approach to running the Innovative Mobility project.
The Committee’s plans for 2017
- Review a Progress Report on FPC’s Strategy implementation in 2016.
- Review the General Director’s Report on FPC’s performance in 2016.
- Review FPC’s draft Annual Report for 2016.
- Consider payment of the full year dividend for 2016.
The Committee’s membership in 2016
In September 2016, FPC’s Board of Directors resolved to reduce the number of Committee members from nine to five.
The remuneration paid to members of the Committee in 2016 totalled RUB 269,452.
|Members of the Committee in January–March 2016||Members of the Committee in September–December 2016|
|Valery Veremeev, Member of FPC’s Board of Directors, Chairman of the Committee||Mikhail Akulov, Vice-President of Russian Railways, Member of FPC’s Board of Directors, Chairman of the Committee|
|Maxim Artemov, Deputy Head of the Passenger Services Management Department, Russian Railways||Alexander Muslovets, Deputy General Director, FPC|
|Vladimir Vargunin, First Deputy Head of the Transport and Logistics Management Department, Russian Railways||Vladimir Vargunin, First Deputy Head of the Transport and Logistics Management Department, Russian Railways|
|Vladimir Maksimushkin, First Deputy Head of the Economic Environment and Strategic Development Department, Russian Railways||Vladimir Maksimushkin, First Deputy Head of the Economic Environment and Strategic Development Department, Russian Railways, Deputy Chairman of the Committee|
|Vadim Mishanin, Deputy General Director for Strategic Development and Corporate Governance at FPC||Andrey Tonkikh, Head of the Department of Business Project Management, Russian Railways|
|Yuri Saakyan, CEO at the Institute of Natural Monopolies Research, Independent Director|
|Vasily Shipilov, Deputy Director of the Department for the State Regulation of Tariffs, Infrastructure Reforms and Energy Efficiency, Russian Ministry of Economic Development|
|Igor Zyablitsky, Head of the Economics and Finance Directorate, Federal Agency for Railway Transport|
|Aleksandr Romanov, Deputy Head of the Corporate Finance Department, Russian Railways|