OREANDA-NEWS. On 26 February 2008 X5 Retail Group N.V., Russia’s largest food retail company by sales volume, announced new staff appointments at the company’s divisions.

Sergei Lepkovich is leaving the position of Director of X5 Retail Group’s Northwest division when his contract expires on February 29, 2008. Alexander Pavlov, Director of X5 Retail Group’s Central division, has been appointed to the position.
 
Sergei has worked at the Pyaterochka chain since 1999 and was part of the team that founded the company. After the X5 Retail Group merger in May 2006, Mr. Lepkovich headed the company’s Northwest division.

Yuri Kobaladze, X5 Retail Group’s Managing Director of Corporate Relations, said, “I can say with conviction that during his time at Pyaterochka and then X5, Sergei Igorevich made a significant contribution to the founding and development of the company. We wish Sergei success in all his future plans.”

The company has also made the following appointments: D.Y. Gritsaenko, Director of the Central-Chernozemny division, has been appointed Director of the Central division of X5 Retail Group. He will be replaced by D.A. Grudanov, the Director of the Nizhegorodsky division. G.A. Achkasov, an employee of the central office has been named the Director of X5 Retail Group’s Nizhegorodsky division.