Stock Market News
Russia’s M.Video-Eldorado appoints Uzhakhov as CEO
2022.08.30 13:50
(Reuters) – Russian consumer electronics retailer M.Video-Eldorado has appointed Bilan Uzhakhov as chief executive from Aug. 30, it said on Tuesday, replacing Aleksei Sukhov just four months after he took the helm.
“The changes are of an organisational nature and do not affect the operation of the business,” the company said.
Sukhov will stay on as corporate and legal director, a position he has held since 2018, M.Video said.
Chief Operating Officer and former CEO Enrique Fernandez continues to manage the company’s operational business, lead the team and develop all projects related to further improvement of the company’s operations, M.Video said.
