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- Irene Spitzberg appointed NLMK Group Vice President for Technology Development
Irene Spitzberg appointed NLMK Group Vice President for Technology Development
NLMK Group, a global steel company, is pleased to announce the appointment of Irene Spitzberg to the newly created position of Vice President for Technology Development.
Irene will focus on the development and implementation of a long-term development strategy for new products and new process technologies. She will lead the Group's international team of engineers and researchers in Russia and Europe.
Grigory Fedorishin, NLMK Group CEO, said: “Technology development a key strategic priority for us. Irene will focus on consolidating existing R&D project portfolios and programmes, identifying new areas for development, and building an overarching system and structure for managing them. I am convinced that Irene’s and her team’s expertise and experience will help take the quality of our product portfolio to the next level and strengthen our leadership position in production processes.”
Irene Spitzberg’s background
Irene has over 20 years of experience in developing new technologies and taking them to market. Prior to joining NLMK Group, she served as CTO and Vice President R&D at AIM Aerospace, where she supervised the development of unique solutions for the production of multilayer composite aviation materials. Irene held senior positions at Kennametal, a supplier of tooling and industrial materials, and GE Aviation, a world leader in jet engine manufacturing. Irene set up her own consulting business, recognized by expert awards.
Irene's experience includes the development and promotion of new technologies, successful innovation management and consulting on strategy and R&D. Irene holds a PhD in Materials Science and has co-authored over 80 patents.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has a highly competitive competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2019, the Company generated $10.6 bn in revenue and $2.6 bn in EBITDA. Net debt/EBITDA stood at 0.7х. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and RAEX (Expert RA).
NLMK’s ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.
For NLMK Group’s photos and corporate videos, please visit our media library.
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