Mack Quits Russian Oil Co. Board

May 30 2014 | 8:56am ET

John Mack, the former CEO of Morgan Stanley and chairman of hedge fund Pequot Capital Management will leave the board of Russia’s largest oil company.

Mack, a senior adviser at Kohlberg Kravis Roberts, became a Rosneft director just last year. Rosneft said he was stepping down for personal reasons, but his exit comes amidst deepening tensions between Russia and the west over the former’s annexation of the Ukraine’s Crimean peninsula.

Rosneft is controlled by the Kremlin, and its head, Igor Sechin, is among the Russians sanctioned by the U.S. over the Crimean situation.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of