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EVRAZ plc announces senior management changes

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EVRAZ plc announces senior management changes

EVRAZ plc (LSE: EVR) (“EVRAZ” or the “Company”) announces today that on July 04, 2016, Pavel Tatyanin, the Chief Financial Officer (CFO) of EVRAZ, submitted his resignation, effective July 20, 2016, in order to pursue other interests.

Pavel Tatyanin, said, «After nearly 15 years with EVRAZ I am resigning to pursue other opportunities. I would like to express my gratitude to Shareholders and the entire EVRAZ team for my extensive history with the Company and its people. We have worked very hard to build upon EVRAZ outstanding legacy and transform the company for the better and I am very proud of what we have achieved. My time in EVRAZ has always been a source of my inspiration, experience and development. I will greatly miss all that and everyone. The Company has an extremely talented, professional, dynamic and dedicated team of executives and I am fully confident that EVRAZ will continue to be successful in the future.»

Alexander Frolov, EVRAZ CEO, said, «Pavel has been an integral part of EVRAZ for 15 years and seen it evolve and change through each phase of its development. We recognise the considerable value that Pavel has contributed to EVRAZ and we greatly appreciate his leadership. I would like to thank Pavel for his efforts, his loyalty and wish him well with his future endeavors. After resignation, Pavel will be involved with selected projects associated with the controlling shareholder group. Giacomo Baizini, CFO of EVRAZ Group S.A., will serve as Interim Chief Financial Officer, effective immediately, following the resignation of Pavel Tatyanin. Giacomo has joined EVRAZ in 2005 and held a position of EVRAZ CFO in 2009-2014. The Company will immediately commence an intensive search for a possible successor with a view to making an appointment as soon as possible.»