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Public Joint Stock Company Magnit (50XD.L)

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18.95-31.16 (-62.19%)
At close: 4:35PM BST

Public Joint Stock Company Magnit

15/5 Solnechnaya Street
Krasnodar 350072
Russia
7 8612 77 45 62
http://www.magnit.com

Sector(s)Consumer Defensive
IndustryDiscount Stores
Full-time employees310,924

Key executives

NameTitlePayExercisedYear born
Mr. Jan Gezinus DunningCEO, Pres, Chairman of Management Board & DirectorN/AN/A1959
Ms. Elena Yuryevna ZhavoronkovaChief legal Officer & Member of the Management BoardN/AN/A1970
Ms. Maria DeiSupply Chain Director & Member of the Management BoardN/AN/A1983
Ms. Anna Nikolaevna BobrovaHR Director & Member of the Management BoardN/AN/A1976
Mr. Andrey BodrovChief Investment & Strategy Officer and Member of the Management BoardN/AN/A1983
Mr. Maxim ShchegolevDirector of Chain Devel., Real Estate & Maintenance and Member of Management BoardN/AN/A1967
Mr. Ruslan Arif Ogli IsmailovDeputy CEO, Retail Chain Director & Member of the Management BoardN/AN/A1978
Ms. Anna MeleshinaDirector of Corp. Relations & Sustainability and Member of Management BoardN/AN/A1978
Mr. Egor ShumilinFresh, Ultra Fresh Commercial Director & Member of Management BoardN/AN/AN/A
Mr. Pavel LokshinChief Marketing Officer & Member of Management BoardN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Public Joint Stock Company Magnit, together with its subsidiaries, engages in the retail and distribution of food and consumer goods under the Magnit name. It operates retail business through convenience stores, cosmetic stores, supermarkets, drogerie stores, pharmacies, and others. As of March 31, 2021, the company operated 39 distribution centers and 21,900 stores, including 15,098 convenience, 471 supermarkets, and 6,331 drogerie stores in 3,770 cities and towns throughout 7 federal regions of Russia. It also trades in medicines and medical products; produces medical devices; and engages in the software product development, IT operation, import, rent, and other activities. The company was founded in 1994 and is headquartered in Krasnodar, Russia.

Corporate governance

Public Joint Stock Company Magnit’s ISS governance QualityScore as of 1 July 2021 is 1. The pillar scores are Audit: 7; Board: 1; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.