OAO Severstal continues with reorganisation

OAO Severstal announced further changes to its management structure. As part of these changes, Oleg Veter is leaving his position as the CEO of Severstal Metiz. He will be replaced by Alexander Shevelev who was the Deputy Governor of the Vologda Region and the Deputy Mayor of Cherepovets previously. Prior to that, Shevelev was an executive director at Severstal Metiz. Severstal Metiz has been separated from the Severstal Russian Steel Division and Shevelev will report directly to Vadim Larin, newly appointed group COO and Deputy CEO of Severstal.

Roman Filippov, previously finance director of the Severstal Resources Division, has been appointed as Head of Controlling of Severstal. Financial departments of all Russian-based business units will report to Filippov. Agnes Ritter, previously production director of Severstal Resources, has been appointed as group production development director. All production directors and technical directors across Severstal’s business units will report to her.

Dmitry Sakhno, who was previously project development director at Severstal Resources, will now head a new Resource Projects department. Sergey Starodubtsev, previously Severstal Resources’ sales, marketing and logistics director, will also take charge of raw material procurement for Severstal Russian Steel Division.

Severstal Resources’ procurement function has been transferred into a new group, Centralized Procurement Department, which is headed by Pavel Lezhnev. Lezhnev will report to Denis Pavlyuchenkov, the Russian Steel Division’s Supply Director. Alexey Soldatenkov, business system development director for the group, will continue in his position and will focus primarily on projects at the Severstal Russian Steel Division.

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