Severstal North America gets new CFO

Severstal North America (SNA), a subsidiary of OAO Severstal, appointed Olga Petrova as the CFO, and Michael Tuomey as the deputy CFO.
Petrova joins Severstal North America’s executive team from parent company OAO Severstal, where she headed the Business Planning and Controlling Department since 2011. Her previous roles included various high-level financial positions in international offices of Shell Exploration and Production, Schlumberger and PepsiCo. At SNA, Petrova will be responsible for all aspects of financial strategy, planning and reporting, as well as forecasting, budget management and cost benefit analysis.
Petrova succeeds interim CFO Michael Tuomey, who is now appointed deputy CFO. Tuomey has been with Severstal and its predecessor companies for 28 years in various senior-level finance positions, most recently as director, Corporate Accounting and Controlling.
“We are pleased to welcome Olga to our North American team. She brings a wealth of experience and a proven track record in finance, capital allocation and international business operations. I am confident that Olga will be an invaluable asset to our organisation as we move forward to position our company as a high-performing, customer-oriented steel supplier of choice,” said Saikat Dey, CEO, Severstal North America.

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