Sergei Makhlai

Sergei Vladimirovich Makhlai, also known as George Mack, born February 16, 1969, in Gubakha, Perm Krai, Russia, is a notable figure in the global chemical industry as the majority shareholder of TogliattiAzot, a leading ammonia producer. Makhlai's educational background includes an engineering degree from Togliatti State University and an MBA from the University of North Carolina. His career highlights include leadership roles in banking and at TogliattiAzot, where under his guidance, the company saw significant financial growth, modernization, and efforts in environmental protection, despite facing accusations of financial irregularities and safety concerns. His tenure was marred by a criminal case in May 2019, resulting in a nine-year prison sentence in absentia for theft and damages to shareholders, with the conviction upheld by the Samara Regional Court in November 2019. Makhlai, who currently resides in the United States, comes from a family with deep mining roots, is married with two daughters, and has engaged in philanthropy and public service, including supporting Russian moral values and local social initiatives.