I’ve Been Talking About Igor For Years Now, Thank You
The FT ran a long profile of Igor Sechin today.
Nothing in the piece should be news to those who have followed my coverage of his escapades over the years. (I still miss the mullet!)
There are some interesting numbers in the piece that do speak volumes. Such as Rosneft’s market cap–$65 billion. (ExxonMobil–$324b. Shell–$266b.) The number of employees–almost 300,000. (ExxonMobil–73,500. Shell–92,000.) The fact that Rosneft paid $55b for TNK BP–and still has a market cap of only $65b.
Rosneft is a Frankenstein’s monster that has been stitched together over the years from stolen body parts. Igor is therefore a fitting name for its CEO.
