Independent Non-executive Director Appointment (3484Y)
February 29 2012 - 3:00AM
UK Regulatory
TIDMEVR
RNS Number : 3484Y
Evraz Plc
29 February 2012
INDEPENDENT NON-EXECUTIVE DIRECTOR APPOINTMENT
29 February 2012 - EVRAZ plc (LSE: EVR) announces that Alexander
Izosimov will join the EVRAZ Board with immediate effect as an
Independent Non-executive Director. He will also become a member of
Remuneration Committee of EVRAZ Board of Directors.
Alexander Izosimov has extensive managerial and board
experience. In 2003-2011, he was President and CEO of VimpelCom, a
leading emerging market telecommunications operator. In 1996-2003
he held various managerial positions at Mars Inc. and was Regional
President for CIS, Central Europe and Nordics, and a member of the
executive board. Prior to Mars Inc, Mr Izosimov was a consultant
with McKinsey & Co. (Stockholm, London) (1991-1996) and was
involved in numerous projects in transportation, mining,
manufacturing and oil businesses.
Mr Izosimov currently serves on the boards of MTG AB, East
Capital AB and Dynasty Foundation. He previously served as director
and Chairman of the GSMA (Global association of mobile operators)
board of directors, and was also previously a director of
VimpelCom, Baltika Breweries, confectionery company Sladko, and IT
company Teleopti AB.
Mr Izosimov graduated from the Moscow Aviation Institute and
holds an MBA from INSEAD.
Commenting on the appointment, Alexander Abramov, Chairman of
EVRAZ, said: "I am happy to welcome Alexander Izosimov to the EVRAZ
board. I look forward to working with Alexander and hope that he
will use his professional knowledge and life experience to the
benefit of EVRAZ and in the interests of its shareholders."
No further information is required to be disclosed in respect of
Alexander Izosimov pursuant to Listing Rule 9.6.13R (1) to (6).
###
For further information:
Investor Relations: Alexander Boreyko Director, Investor
Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
Media Relations: Oleg Kuzmin VP, Corporate Communications
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, USA,
Canada, Czech Republic, Italy and South Africa. EVRAZ was ranked
the 15th largest steel producer in the world based on crude steel
production of 16.3 million tonnes in 2010. In 2011 EVRAZ produced
16.8 million tonnes of crude steel. A significant portion of the
Group's internal consumption of iron ore and coking coal is covered
by its mining operations. The Group's consolidated revenues for the
year ended 31 December 2010 were US$13,394 million and consolidated
adjusted EBITDA amounted to US$2,350 million. EVRAZ plc holds 100%
of Evraz Group S.A.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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