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Mechel Reports New Management Appointments

Mechel OAO, a leading Russian mining and metals company, has appointed Sergei Zhilyakov as the CEO of Mechel Ferroalloys Management OOO. 

As CEO of Mechel of Mechel Ferroalloys Management OOO, Mr. Zhilyakov will be tasked with operational control over the group's ferroalloys division enterprises. His predecessor at this post, Gennady Ovchinnikov, was appointed CEO of Donetsk Electrometallurgical Plant, which is also part of Mechel.

Mr. Zhilyakov has 37 years of experience in electrometallurgy and ferroalloys and is well acquainted with the specifics of Mechel's ferroalloys business, as in 2008-2009 he served as deputy CEO in Mechel Ferroalloys Management OOO. Before then, since 2006 Mr. Zhilyakov headed the department responsible for development of the group's ferroalloys business. Mr. Zhilyakov graduated from the Sibirsky Metallurgical Institute, specializing in black metallurgy. He has been awarded with the state Order of Friendship and is the Honored Metallurgist of the Russian Federation.

Gennady Ovchinnikov is one of Mechel's most experienced top managers, who as chief of the ferroalloys division has done much for its stable development. Now his experience and knowledge will be employed at the post of CEO of Donetsk Electrometallurgical Plant - a new asset which joined the group in December 2011.

Mr. Ovchinnikov will focus on strategic issues of developing the enterprise, the plant's successful integration into the steel division and work by Mechel's standards. He will tackle the main tasks facing Donetsk Electrometallurgical Plant today, such as increasing the enterprise's efficiency and output of high-tech products. 

Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, ferrochrome, ferrosilicon, steel, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally.