Lenta International PJSC Lenta Announces Appointment of New Board Member (4744E)
March 11 2022 - 2:00AM
UK Regulatory
TIDMLNTR TIDMLNTA
RNS Number : 4744E
Lenta International PJSC
11 March 2022
Press Release | St. Petersburg | 11 March 2022
Lenta Announces Appointment of New Board Member
St. Petersburg, Russia, 11 March 2022: Lenta IPJSC (LSE: LNTA,
MOEX: LNTA & LENT), one of the largest multi-format retail
chains in Russia, today announces the appointment of Andrey
Kazachenkov to its Board of Directors, effective 9 March 2022 for a
period until the next annual General Meeting of Shareholders of the
Company.
Mr. Kazachenkov has over 15 years of experience in corporate
finance, having served in numerous executive positions including
Deputy General Director for Controlling at Severgroup LLC, First
Deputy General Director at PJSC RusHydro and First Deputy Cairman
of the Management Board at Federal Grid Company of Unified Energy
System. Mr. Kazachenkov graduated from Saint Petersburg State
University of Engineering and Economics with a degree in Economics
and Management at Mechanical Engineering Enterprises in 2002;
received an MBA from the University of Wisconsin (Madison, USA) in
2004.
Lenta's Chief Executive Officer, Vladimir Sorokin,
commented:
"We are pleased to welcome Andrey as a new Board Member of Lenta
IPJSC. We look forward to his contribution as despite all
challenges in front of us we continue to execute our strategy and
enhance value for all Lenta's stakeholders."
For further information, please visit https://corp.lenta.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 1.75
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).
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END
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