Burckhard Bergmann - Novatek DRC Non-Executive Director

NOVKYDelisted Stock  USD 38.29  0.00  0.00%   

Director

Dr. Burckhard Bergmann has held the position of Independent Member of the Board of Directors at Novatek PAO, since January 18, 2019. He was Member of the Company Board of Directors since April 24, 2015. From October 3, 2008 until April 24, 2015 he served as NonExecutive Member of the Company Board of Directors. On January 18, 2019 he was appointed Chairman of the Company Strategy Committee and Member of the Audit, Nomination and Compensation Committees. Until 2015 he was Member of the Company Audit, Compensation and Nomination Committees. In 1972, Dr. Bergmann joined Ruhrgas AG, heading the LNG Purchasing Department. In 1978, he became Head of the Gas Purchasing Division responsible for gas purchasing, commercial aspects of gas transmission and storage. In 1980, he was elected as a member of the Management Board of E.ON Ruhrgas AG, serving from June 1996 as its ViceChairman and from June 2001 to February 2008 as its Chairman. From March 2003 to February 2008 he was also Member of the Management Board of E.ON AG. Dr. Bergmann is also a member of the Board of Directors of Allianz LebensversicherungsAG, Commerzbank AG, E.ON Energie AG, Contilia GmbH, Telenor ASA. He was elected as Chairman of the Advisory Board of Jaeger BeteiligungsgesellschaftmbH Co KG. He holds such distinctions as Commander of the Royal Norwegian Order of Merit a Foreign Member of the Academy of Technological Sciences of the Russian Federation Order of Merit of the State of North RhineWestphalia as well as a winner of Director of the Year, Moscow . In June 2011, by means of presidential Decree he became a recipient of the Order of the Friendship of Peoples award for contribution in development of the RussianGerman relations since 2019.
Age 75
Tenure 5 years
Professional MarksPh.D
Phone7 3499 72 49 51
Webhttps://www.novatek.ru
Bergmann studied Physics at the Freiburg and Aachen Universities from 1962 to 1968 and was awarded a Doctorate in Engineering by Aachen University of Technology in 1970.

Novatek DRC Management Efficiency

The company has return on total asset (ROA) of 0.0772 % which means that it generated a profit of $0.0772 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2544 %, meaning that it generated $0.2544 on every $100 dollars invested by stockholders. Novatek DRC's management efficiency ratios could be used to measure how well Novatek DRC manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 113.03 B in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Novatek DRC has a current ratio of 1.45, which is within standard range for the sector. Debt can assist Novatek DRC until it has trouble settling it off, either with new capital or with free cash flow. So, Novatek DRC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novatek DRC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novatek to invest in growth at high rates of return. When we think about Novatek DRC's use of debt, we should always consider it together with cash and equity.
PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons. PAO NOVATEK was founded in 1994 and is based in Tarko-Sale, Russia. NOVATEK PUB is traded on PNK Exchange in the United States. Novatek DRC (NOVKY) is traded on OTCCE Exchange in USA and employs 33 people.

Management Performance

Novatek DRC Leadership Team

Elected by the shareholders, the Novatek DRC's board of directors comprises two types of representatives: Novatek DRC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novatek. The board's role is to monitor Novatek DRC's management team and ensure that shareholders' interests are well served. Novatek DRC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novatek DRC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Viktor Belyakov, Deputy Chairman of the Management Board for Economics & Finance
Lev Feodosyev, First Board
Andrey Sharonov, Director
Kirill Yanovskiy, Member of the Management Board, Director of Finance and Development Strategy
Michael Borrell, Director
Oleg Karpushin, Deputy Chairman of the Management Board - Director of Production
Aleksandr Fridman, Deputy Chairman of the Management Board
Denis Khramov, Deputy Chairman of the Management Board
Vladimir Baskov, Deputy Chairman of Management Board, Deputy Chairman of Novatek?S Management Committee and Member of Management Committee
Arnaud Foll, Director
Leonid Mikhelson, Chairman of Executive Management Board, CEO, General Director and Executive Director
Andrey Akimov, Non-Executive Director
Sergey Vasyunin, Deputy Chairman of the Management Board - Director of Production
Sergey Protosenya, Deputy Chairman of the Management Board
Aleksandr Nazarov, Head of the Department of Investor Relations
Yuliya Zobova, Chief Accountant
Sergey Solovev, Deputy Chairman of the Management Board - Director of Geology
Aleksandr Palivoda, Head of IR
Lev Feodosev, Deputy Chairman of the Management Board - Commercial Director
Viktor Orlov, Director
Tatyana Kuznetsova, Deputy Chairwoman of the Management Board, Director of the Legal Department
Denis Solovyov, Deputy Board
Burckhard Bergmann, Non-Executive Director
Iosif Levinzon, Deputy Chairman of the Management Board
Eduard Gudkov, Deputy Chairman of the Management Board
Denis Solovlev, Deputy Chairman of the Management Board - Director of the Department of Development of Communications
Aleksandr Natalenko, Chairman of the Board
Igor Plesovskikh, Deputy Chairman of the Management Board - Director of Geology
Robert Castaigne, Director
Evgeny Kot, Deputy Chairman of the Management Board, Director of LNG
Gennady Timchenko, Non-Executive Director
Ilya Tafintsev, Member of the Management Board, Director of Strategic Projects
Mark Gyetvay, Deputy Chairman of the Management Board and CFO

Novatek Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Novatek DRC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Novatek Stock

If you are still planning to invest in Novatek DRC check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Novatek DRC's history and understand the potential risks before investing.
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