Lenta International PJSC Lenta Announces Management Change (2822B)
February 10 2022 - 5:59AM
UK Regulatory
TIDMLNTR TIDMLNTA
RNS Number : 2822B
Lenta International PJSC
10 February 2022
Press Release | St. Petersburg | 10 February 2022
Lenta Announces Management Changes
St. Petersburg, Russia, 10 February 2022: Lenta IPJSC (LSE:
LNTA, MOEX: LNTA & LENT), one of the largest multi-format
retail chains in Russia, today announces the appointment of Sergey
Sergeev as Chief Information Officer. Sergey Sergeev takes up his
role as CIO with effect from 10 February 2022. He replaces Sergey
Korotkov in this position, who has decided to leave Lenta.
In the position, Sergey will be responsible for the
implementation of Lenta's IT strategy, digital transformation and
the modernization of the Company's operations with a focus on
bringing future technology into Lenta's current IT stack. Sergey
will report directly to Vladimir Sorokin, CEO of Lenta.
Prior to joining Lenta, Sergey worked at Prosveshcheniye
education holding, where he led information technologies and the
development of digital products. Prior to Prosveshcheniye, Sergey
held various positions at M.Video-Eldorado Group. He also led
projects for different business functions, including the
transformation of the IT department. Sergey holds a Master of
Business Administration degree from the Higher School of
Economics.
Vladimir Sorokin, Lenta's Chief Executive Officer,
commented:
"First, I would like to thank Sergey Korotkov on behalf of the
Company for his contribution to Lenta's progress in digital
transformation. We are delighted to welcome Sergey Sergeev to Lenta
as our Chief Information Officer. His appointment adds further
strength to Lenta's leadership team, and I firmly believe that his
industry experience will be an important factor in our future
growth and digital transformation."
For further information, please visit www.lentainvestor.com or
contact:
Lenta Lenta
Tatyana Vlasova Mariya Filippova
Head of Investor Relations Head of Public Relations and
tatyana.vlasova@lenta.com Government Affairs
maria.filippova@lenta.com
EM (International Media Inquiries)
Lenta@em-comms.com
About Lenta
Lenta IPJSC (LSE: LNTA, MOEX: LNTA, LENT) 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." It also provides
customers the option to shop online via its click-and-collect and
express delivery services. 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 December
31, 2021, operated 254 hypermarkets and 503 supermarkets and
convenience stores in 89 cities across Russia with more than 1.7
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 14
distribution centers to supply all of its stores. 2021 Revenues
were RUB 484 billion (approximately USD 6.5 billion).
Forward-Looking Statements
This announcement includes statements that are, or may be deemed
to be, "forward-looking statements." These forward-looking
statements can be identified by the fact that they do not only
relate to historical or current events. Forward-looking statements
often use words such as "anticipate," "target," "expect,"
"estimate," "intend, " "expected," "plan," "goal," "believe," or
other words of similar meaning. By their nature, forward-looking
statements involve risk and uncertainty because they relate to
future events and circumstances, a number of which are beyond
Lenta's control. As a result, actual future results may differ
materially from the plans, goals, and expectations set out in these
forward-looking statements. Any forward-looking statements made by
or on behalf of Lenta speak only as of the date of this
announcement. Except as required by any applicable laws or
regulations, Lenta undertakes no obligation publicly to release the
results of any revisions to any forward-looking statements in this
document that may occur due to any change in its expectations or to
reflect events or circumstances after the date of this
document.
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END
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