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Severstal NA Appoints Vice President, Strategy and Business Development

06/22/2011 - Severstal North America announced this week the appointment of Saikat Dey as Vice President, Strategy and Business Development.

Severstal North America announced this week the appointment of Saikat Dey as Vice President, Strategy and Business Development.
 
In his new position, Dey will be responsible for driving the company's business strategies in North America and leading the parent company's joint venture initiative in India. He also will be a key member of Severstal North America's management team.
 
Dey joins Severstal North America from McKinsey and Company where he served as Associate Principal in its Cyclical Commodities Service, Global Energy and Materials practice. He worked out of various international locations during his tenure at McKinsey, where he developed into a thought leader on investment strategy, commercial optimization, and operations for cyclical industries. Prior to McKinsey, Dey held positions at IBM and various technology companies.
 
"Saikat brings broad, international experience to our leadership team, and we are pleased to have him on board," said Sergei Kuznetsov, Chief Executive Officer, Severstal North America. “We are confident his knowledge and accomplishments will contribute greatly to the further growth and development of our company, as well as optimizing existing strategic synergies and growth potential.”
 
Dey holds an MBA from the Tuck School of Business at Dartmouth and an undergraduate degree in Mining Engineering from the National Institute of Technology in India.
 
Severstal North America, a major steelmaker in the United States, specializes in the full range of high quality light flat rolled products. Fully integrated operations and corporate headquarters are located in Dearborn, Mich., and a new state-of-the-art electric arc furnace operation in Columbus, Miss., serves the growing demand for steel in the southeastern United States. Severstal North America also has several joint ventures for the high quality, value-added coated products, as well as Mountain State Carbon, a jointly owned coke-making facility. Severstal North America is a wholly-owned subsidiary of OAO Severstal, one of the world's largest vertically integrated steel and mining companies.