OREANDA-NEWS. PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, announces that Sergey Toropov, CEO of Severstal Russian Steel division and the Cherepovets Steel Mill is leaving the company by mutual agreement of the parties.

Eugene Chernyakov, sales director of Severstal Russian steel division, will become acting CEO of the Division and the Cherepovets Steel Mill. The appointment will be effective as of 19 May 2016.