Novolipetsk Steel to Elect New President, Replacing Oleg Bagrin
January 16 2018 - 9:55AM
Dow Jones News
By Adam Clark
Novolipetsk Steel (NLMK.MZ) said Tuesday that it will convene an
extraordinary shareholder meeting to elect a new executive
president.
The Russian steel company said shareholders with at least a 2%
shareholding will have the right to put forward candidates for the
president position until Feb. 12.
Current president Oleg Bagrin will step down from the role but
remain a member of the board of directors, the company said.
Moscow-listed shares were down 2.1% at 149.30 rubles ($2.64) at
1416 GMT.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
January 16, 2018 09:40 ET (14:40 GMT)
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