Evraz Plc EVRAZ announces the appointment of a new CFO (0155P)
November 14 2016 - 1:00AM
UK Regulatory
TIDMEVR
RNS Number : 0155P
Evraz Plc
14 November 2016
EVRAZ announces the appointment of a new Chief Financial
Officer
14 November 2016 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the
"Company") announces today that Mr.Nikolay Ivanov has been
appointed Chief Financial Officer ("CFO") effective today. Mr.
Ivanov succeeds Mr.Giacomo Baizini who held the position on an
interim basis for four months after the resignation of Mr.Pavel
Tatyanin.
In his role as EVRAZ CFO, Mr.Ivanov will lead the financial
unit, as well as supervise the key supporting functions including
Legal, Investor Relations and IT. Implementation of EVRAZ financial
strategy, deleveraging and cost cutting are among Nikolay's
top-priorities.
Nikolay will report to EVRAZ CEO, Alexander Frolov.
Prior to joining EVRAZ, Mr.Ivanov served as an Executive
President, CFO at VimpelCom since 2013. Previously he held varous
positions at TNK-BP including the First Deputy of Executive Vice
President for exploration and production, having spent over 10
years with the company.
Nikolay graduated from the Financial Academy of the Government
of the Russian Federation with a degree in "Finance and credit", as
well as Northeastern University, Missouri, USA, and the Truman
University, USA, with a degree in "Accounting". He is a member of
the Association of Chartered Certified Accountants (ACCA).
"I am pleased to welcome Nikolay to EVRAZ and I look forward to
him joining the EVRAZ management team.", noted Alexander Frolov,
EVRAZ CEO.
###
For further information:
Investor Relations:
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
Media Relations:
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com
EVRAZ is a vertically integrated steel, mining and vanadium
business with operations in the Russian Federation, Ukraine,
Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa.
EVRAZ is among the top steel producers in the world based on crude
steel production of 14.3 million tonnes in 2015. A significant
portion of the company's internal consumption of iron ore and
coking coal is covered by its mining operations. The company's
consolidated revenues for the year ended 31 December 2015 were
US$8,767 million, and consolidated EBITDA amounted to US$1,438
million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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