OMK Changes Management Structure, Makes New Appointments
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OMK Changes Management Structure, Makes New Appointments

Russian pipe maker United Metallurgical Company OMK announced changes in the corporate governance system and new appointments. The innovations are

Russian pipe maker United Metallurgical Company OMK announced changes in the corporate governance system and new appointments. The innovations are a logical continuation of the formation of OMK's sectoral business model, and are designed to improve the quality of management, ensure the growth of efficiency and customer focus of the company. In accordance with the updated charter of the company, the corporate governance bodies of JSC OMK are the sole shareholder, the board of directors, and the general director (sole executive body). The competences of the disbanded management board (collegial executive body) are distributed between the board of directors and the general director.

Mr Sergey Toropov, who previously headed the OMK’s Car Repair Company (JSC VRK-3, is part of OMK), has been appointed General Director of JSC OMK since February 10, 2021. Dmitry Romanov, who previously held the position of Production Director at the OMK Car Repair Company, was appointed Managing Director of JSC VRK-3.

Natalya Eremina, who has served as Chairman of the Management Board since 2017, has been appointed President of OMK. With her participation, the company has implemented several large projects, consolidated new enterprises, and achieved a high level of development of culture and production safety. The company annually invested about 2 billion rubles. in the development of regions and environmental protection. Now Natalya Eremina will focus on the strategic task of developing the OMK brand and strengthening the company's reputation.

Sergey Toropov, Natalya Eremina, Dmitry Chernyshev, Pyotr Trushin and Anastasia Poletaeva will continue to work on the board of directors chaired by Anatoly Sedykh.

The OMK CEO will report to eight industry-specific business units that the company formed at the end of 2020, taking into account the strategic focus on developing the best products and services for customers.

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