6 June 2014
Vladimir Lisin re-elected Chairman of NLMK’s Board of Directors
NLMK’s Board of Directors today held its first meeting since the Annual General Shareholders’ Meeting. Vladimir Lisin was elected Chairman of the Board, and Vladimir Skorokhodov was appointed Deputy Chairman of the Board.
The Board of Directors also approved a schedule for Board meetings, and established Board Committees made up of the following members:
Strategic Planning Committee
Chairman – Vladimir Lisin, members: Oleg Bagrin, Vladimir Skorokhodov, Benedict Sciortino (independent director), Karl Doering, Karen Sarkisov, Helmut Wieser (independent director), Franz Struzl (independent director) and Alexey Lapshin.
Chairman – Benedict Sciortino (independent director), members: Franz Struzl (independent director), Karl Doering, Nikolai Gagarin and Karen Sarkisov.
Human Resources, Remuneration, and Social Policies Committee
Chairman – Vladimir Lisin, members: Oleg Bagrin, Vladimir Skorokhodov and Alexey Lapshin.
About NLMK Group
NLMK Group is a vertically integrated steelmaking company, and Russia’s leading manufacturer of steel and HVA rolled products. NLMK Group’s high-quality steel products are used in a variety of industries, from construction and machine-building to the manufacture of power generation equipment and offshore windmills.
NLMK’s production facilities are located in Russia, Europe and the USA. The Company’s crude steel capacity is over 17 m tpa, of which approximately 16 m t are located in Russia. The Company generated $10.9 billion in revenue and $1.5 billion in EBITDA in 2013.
NLMK’s ordinary shares are traded on the Moscow Stock Exchange (ticker “NLMK”) and its global depositary shares on the London Stock Exchange (ticker “NLMK:LI”).