Monday, March 16, 2009

Mechel Announces New Board Appointees

Russian minerals and metals company, Mechel, has announced the election of new members to the its OAO Management Board, the Company's collegial executive body.

The election of new members was approved by the Mechel OAO Board of Directors on March 12th 2009.

Mr Igor Zyuzin, Mechel OAO CEO, was re-elected as new Management Board Chairman.

Mr Vladimir Polin, Mechel OAO Senior Vice-president, was elected as First Deputy Management Board Chairman

Mr Evgeny Mikhel Mechel OAO Vice President for Legal Affairs, was elected as Deputy Management Board Chairman.

The following individuals were elected to be members of the Management Board:
1. Viktor Gvozdev, Mechel Energo OOO CEO
2. Mr Andrey Deineko, Mechel Management OOO CEO
3. Ms Irina Ipeeva, Mechel OAO Director of Department for Corporate Management and Property, the Main Corporate Lawyer
4. Mr Oleg Korzhov, Mechel Management OOO Deputy CEO for Economy and Finance
5. Mr Gennady Ovchinnikov, Mechel Ferroalloys Management Company OOO CEO
6. Stanislav Ploschenko, Mechel OAO CFO
7. Elena Selivanova, Mechel OAO Director of Human Resources Department
8. Mr Alexander Starodubov, Managing Director of Mecheltrans OOO
9. Mr Igor Khafizov, Mechel Mining Management Company CEO
10. Mukhamed Tsikanov, Mechel OAO Senior Vice President on Economics and Management.

The resolution approving the Bylaw on the Collegial Executive Body of Mechel OAO was adopted at the Extraordinary General Shareholders' Meeting on August 6th 2007. The Management Board was created to enable the Company's management team to more expediently make essential business decisions after consulting with the members of the Management Board.

Source: Steel Guru

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