Lenta International PJSC Lenta Announces Management Change (7513E)
July 09 2021 - 5:00AM
UK Regulatory
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RNS Number : 7513E
Lenta International PJSC
09 July 2021
Press Release | St. Petersburg | 9 July2021
Lenta Announces Management Change
St. Petersburg, Russia, 9 July 2021: Lenta IPJSC (MOEX &
LSE: LNTA), one of the largest retail chains in Russia, today
announces the appointment of Igor Ovsienko as Chief Supply Chain
Officer (CSCO).
Igor Ovsienko takes up his role as CSCO with effect from 9 June
2021. He replaces Joern Arnhold in this position, who has decided
to leave Lenta after 10 years of service at the company.
Igor joined Lenta in 2006 as a logistics manager. In 2012 he
took up a role as Distribution Center Director, and since 2018 has
served as Lenta's Transport and Distribution Director.
Igor graduated from the D.F. Ustinov Baltic State Technical
University in St Petersburg.
Lenta's Chief Executive Officer, Vladimir Sorokin,
commented:
"Joern has built up Lenta's efficient supply chain operations to
be probably the best in the market, ensuring on-time delivery of
goods to stores both through phases of robust growth and during the
challenges of the onset of the coronavirus pandemic in 1H 2020. I
would like to thank him on behalf of the company for his
contribution to Lenta's success.
"As our new CSCO, Igor Ovsienko will continue to support the
smooth execution of Lenta's growth strategy, maintaining our highly
efficient supply-chain operations and ensuring on-shelf
availability of high-quality goods in our stores across all
formats. I have every confidence in his ability to succeed in the
role, given his substantial experience and knowledge of Lenta's
operations."
For further information please contact:
Lenta Lenta
Mariya Filippova Timothy Post
Head of Public Relations and Government Investor Relations Officer
Affairs timothy.post@lenta.com
maria.filippova@lenta.com
EM (international media inquiries)
Lenta@em-comms.com
About Lenta
Lenta IPJSC (LSE and MOEX: LNTA) is a leading Russian
multi-format food and FMCG retailer. The company operates
hypermarkets, supermarkets, and recently launched a new proximity
store format under the brand "Mini Lenta." Lenta is Russia's
largest hypermarket operator and the fourth largest food retailer
overall by Sales. The company was founded in 1993 in St. Petersburg
and as of March 31, 2021 operated 254 hypermarkets and 140
supermarkets in 89 cities across European Russia with more than 1.5
million square meters of Selling Space. The average Lenta
hypermarket has approximately 5,500 square meters of selling space,
the average Lenta supermarket has 800 square meters, and the Mini
Lenta format is 500 meters on average. The company operates 13
distribution centers to supply all of its stores. 2020 Revenues
were RUB 445 billion (approximately USD 6 billion).
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