Severstal changes senior management team

OAO Severstal has announced changes to its senior management team that will come into effect on 1 September 2010. Mr Alexander Grubman, currently CEO of Severstal Resources division, has been appointed as CEO of Severstal Russian Steel. Mr Anatoly Kruchinin, currently CEO of Severstal Russian Steel and the Cherepovets Steel Mill, will be appointed as deputy CEO of SeverGroup. Mr Vadim Larin has been appointed as acting CEO of Severstal Resources.

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