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OAO Severstal Appoints CEO of Severstal Resources
06/02/2009 - OAO Severstal announces the appointment of Alexander Grubman as CEO of its Severstal Resources division.
OAO Severstal announced the appointment of Alexander Grubman as the CEO of its Severstal Resources division, effective immediately.
Grubman, who has served as the acting CEO of Severstal Resources since May 1, 2009, joined Severstal Resources in 2006 as an operating director, with responsibility for the day-to-day running of the division.
Prior to joining Severstal, Grubman held leading management positions at Coca Cola Co., SunInterbrew, and Unimilk.
OAO Severstal, an international metals and mining company incorporated in 1993, focuses on high value added and unique niche products with a successful track record of acquiring and operating high-quality assets in North America and Europe. The company owns mining assets in Russia and the U.S., thus securing its own raw materials supplies. In 2008, Severstal produced 19.2 million tonnes of steel and reported revenues of $22.4 billion, EBITDA of $5.4 billion, and EPS of $2.2.
