Russia's federal-level law enforcement body has launched a murder and weapons-trafficking investigation.
According to a report from the Stavropol Federation Investigative Committee, Chernukhina died at the scene from four shots to the chest. He was reportedly found by neighbors at about 8 pm.
Police said the attack could have been connected to Chernukhina's business activities. A murder investigation has begun. No suspects have been named.
Rosneft-Stavropol is a branch of Rosneft, and produced 6.1 million barrels of crude oil in 2012. Rosneft claims to be the world's largest publicly traded oil company. Chernukhina resigned from Rosneft-Stavropol in 2011.
This article was edited on Jan. 16 to reflect the correct title of Aleksander Chernukhina. OCCRP regrets the error.