OREANDA-NEWS. July 30, 2010. Uralkali has received a request from Kaliha Finance Limited, which holds a 25% stake in the company, to convene a meeting of the Board of Directors. The meeting, scheduled for 4 August, 2010, will address the early termination of powers of Uralkali’s current President and CEO Denis Morozov and the appointment of Pavel Grachev to these executive positions.

The Board decisions will be announced in due course.

For background:

Pavel Grachev was born in 1973 and educated at the Italian University of Trieste and Saint Petersburg State University, graduating in 1998 with a degree in law. 

From 1998 to 2006 Mr. Grachev worked for the Pavia e Ansaldo law firm as Managing Partner of the Moscow office.

In 2006 Mr. Grachev joined Nafta Moskva as Chief Counsel. In 2008 he was appointed Managing Director of Nafta Moskva.

Since 2009 Mr. Grachev has been a member of the board of Polyus Gold and PIK Group, and from 2010 the Chairman of the board of PIK Group.  From 2006 to 2008 Mr. Grachev served on the board of Polymetal.