Stan Polovets
Chief Executive Officer of AAR
Stan Polovets is the CEO of the Alfa-Access-Renova (AAR) Consortium, a position he has held since 2007. AAR manages $35 billion of oil and gas assets for three leading Russian investment firms: Alfa Group, Access Industries, and Renova Group. These assets include TNK-BP (Russia's second largest private oil company, producing 1.7 mmbd) and Slavneft (a company jointly owned with Gazpromneft).
Mr. Polovets is a member of the TNK-BP's Board of Directors Audit Committee, Compensation Committee and HSE Committee and sits on the Board of Directors of Slavneft. He is a member of the Board of Directors of the Russian-American Trade Council and was a member of the Governmental Working Group on the Russian energy strategy through 2020.
A graduate of Stanford Business School (MBA), Stan also earned a Master's Degree in International Affairs from Stanford. He has worked for ExxonMobil in the company's U.S. operations and in the global headquarters of KPMG and Ernst & Young, both in New York. At Ernst & Young, Mr. Polovets was responsible for establishing the company's consulting business in the former Soviet Union and Eastern Europe.
Stan also worked for The RAND Corporation, a public-policy think tank in Santa Monica, California. In late 1990's, he served as Advisor to the Minister of Oil and Gas of Turkmenistan and to the General Director of the Lithuanian national oil and gas company, Mazeikiu Nafta.
From 2001 to 2006, Stan served in a variety of senior executive positions at TNK and TNK-BP. In 2002-2003, as Vice President M&A, Mr. Polovets represented TNK in negotiating a $15 billion merger with British Petroleum, the largest merger to date involving a Russian energy company. He was later Senior Vice President and Chief of Staff to Robert Dudley, then-CEO of TNK-BP and currently CEO of BP.
In 2006-07, Stan served as Executive Vice President and member of the Board of URALSIB, Russia's second largest private financial institution.
Mr. Polovets is the founder of the Vnimanie Foundation, a non-profit organization dedicated to supporting Russian children with behavioral disorders and learning disabilities. He is also co-founder and President/CEO of Genesis Philanthropy Group, a private foundation with offices in Moscow, New York, and Tel Aviv. He serves on the boards of various non-profits, including as Vice Chairman of Hillel Russia.
Stan lives in New York City, with his wife Erina and three children, Danielle, David, and Sophie.
