Evraz CFO steps down

EVRAZ, Russia’s largest integrated steel and mining company, has announced that long-serving CFO Pavel Tatyanin has resigned with effect from 20 July to pursue other interests.

Tatyanin spent almost 15 years with the mining outfit, but hands the reigns over to Giacomo Baizini, CFO of Evraz Group SA, who will serve as interim CFO, effective immediately.

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. 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 chief executive 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.

Tatyanin will continue be involved with selected projects associated with the controlling shareholder group.