OREANDA-NEWS. July 23, 2009. Sergei Kuznetsov, currently CFO of OAO Severstal, has been appointed as CEO of Severstal International and Severstal North America. Gregory Mason, currently CEO of Severstal International and Severstal North America, will be leaving the company.

Alexey Kulichenko, CFO of Severstal Resources, has been appointed as CFO of OAO Severstal.

These changes will be effective July 29, 2009.

Sergei Kuznetsov joined Severstal in 2002 to head the Business Planning Group created to acquire foreign assets and develop international projects. In 2004 he was appointed as Chief Financial Officer of Severstal North America (Severstal Dearborn). In 2008 he became Chief Financial Officer of OAO Severstal. Sergei graduated from Bauman Moscow State Technical University. He holds a master of business administration degree (MBA) in finance from California State University.

Alexey Kulichenko joined Severstal in 2005 as CFO of Severstal Resources. Prior to joining the company, Alexey held leading management positions at Sun Interbrew and Unimilk. He graduated from Omsk Institute of World Economy with a degree in economics.

Alexey Mordashov, Chief Executive of OAO Severstal, commented:
"We thank Gregory for the contributions he has made to the development of Severstal's international businesses, and we wish him well in the future.  Sergei and Alexey are both highly experienced executives, and I am confident that their professionalism and knowledge will continue to guide us through current market conditions while positioning us well for future growth and success.”