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ALROSA's CEO Resigns, Cites Health Reasons

Sep 22, 2014 3:18 AM   By Deena Taylor
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RAPAPORT... ALROSA's president and CEO, Fyodor Andreev, will resign from his position for medical reasons, the company said. Ilya Ryashchin, ALROSA's senior vice president, will assume the role of acting president following Andreev's departure.

Andreev announced his decision to step down at the company's weekly management meeting that was held Monday. He will continue to be involved in the company as a member of its supervisory board. 

Andreev was appointed CEO on July 15, 2009. During his tenure, the company went public on the Moscow Stock Exchange.
Tags: ALROSA. diamonds, Deena Taylor, Fyodor Andreev, Ilya Ryashchin
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