OREANDA-NEWS. Today Ilim Group announces changes in its organizational structure. The company is finalizing its large investment projects worth USD 1.5 billion and entering a new phase of its development targeted to increase company efficiency by ramping up the new production lines, improving its business processes and implementing a transparent and efficient organizational structure.

The main changes in organizational structure are connected with moving to operational model of holding structure and changing from geography-based to end-to-end functional management. As a result, business units Ilim West and Ilim East will be dissolved and new positions in top management of the company - sales and manufacturing - will be introduced.

Brett Mosley becomes vice-president in charge of manufacturing. Viktor Atamanov, former Managing Director Strategic Planning and Marketing, becomes vice-president in charge of sales.

All first level team members leading the functions such as Finance, Human Resources, Procurement & Supply Chain Management, Legal and Security, Government and Public Relations will become vice-presidents.

According to Franz Josef Marx, CEO of Ilim Group, these changes are aimed to increase overall efficiency of the Company. "We have invested a lot of our effort and resources to implement our capital projects. Now is the time to get the result we aimed for. I am convinced that changes will allow us to deliver more value for the business by unleashing our full potential and help us join the ranks of the world's most efficient pulp and paper companies", said Franz Marx.