Shareholders of Interpipe Nizhnedneprovsk Pipe Works have decreased the number of supervisory board members from 7 to 5.
The decision was taken at the extraordinary shareholders meeting on December 18.
Interpipe Management LLC director, Interpipe Limited CEO Fadi Khraibe, Interpipe Ukraine LLC director Denis Morozov and scientific and research director of Interpipe Ukraine LLC Gennadiy Yesaulov retained their positions.
Igor Yurchenko and Georgy Tripolsky have been elected as independent directors. (Ukrainian metal)