Just over a week after Lukoil’s Ravil Maganov mysteriously fell from a hospital window in Moscow, another Russian executive working in the energy business has fallen to his death. This time from a boat, according to local media reports.
Ivan Pechorin was found on Monday after his body washed up onshore about 100 miles from the far eastern city of Vladivostok, two days after he allegedly fell overboard as his boat sailed near Russky Island, according to local news outlet VL.ru.
Pechorin was the Aviation Director for Russia’s Far East and Arctic Development Corporation (KRDV), which is President Vladimir Putin’s project for developing the rich energy and mining resources of the country’s Arctic region. The project has become an important focus for Putin since the limitations of the Western sanctions hit the country.
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According to the Mirror, Pechorin was personally selected by Putin for his role in KRDV, and it was a role that made him the president’s “key man” in the region, as Newsweek described.
Less than a week before the incident, Pechorin was at the Russian Eastern Economic Forum in Vladivostok where Putin gave a keynote speech. The KRDV executive spoke on a panel about transportation.
He joins a growing list of Russian energy-related executives who’ve died under unexplained or mysterious circumstances since the beginning of the year. He is also the second KRDV executive to die unexpectedly this year. In February, 43-year-old KDRV general director Igor Nosov succumbed to a stroke.
Information for this briefing was found via VL.ru, the Mirror, Newsweek, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
