Petr Zolotarev Appointed Amtel-Vredestein CEO

Petr Zolotarev recently stepped into the role of CEO of Amtel-Vredestein, following the anticipated resignation of Alexi Gurin. The company has further announced the appointment on July 1 of Vadim Pesochinsky as company CFO.

Mr Gurin initially intended to leave the company once the terms of his departure were completed following his resignation becoming effective on July 1. However Mr Gurin agreed to remain as a member of the Executive Board until August 1 to aid in the transition to new management and to assist with the completion of the Company’s debut Eurobond.

Petr Zolotarev was most recently the chief executive officer of OJSC Russian Machines, which includes Group GAZ, aviation plant Aviacor and carriage-building enterprise Abakanvagonmash. Mr. Zolotarev also holds the position of chairman of the board of GAZ, the leading Russian commercial vehicle producer. Previously, he was acting president of Yukos Refining and Marketing.