OREANDA-NEWS. In view of Erik Eberhardson's move to Russian Machines, the Board of Directors of OJSC GAZ made the decision to appoint Sergey Zanozin to the position of Chairman of GAZ Group's Management Board.

Management of Russian Machines invited Erik Eberhardson to head the automobile manufacturing business of OJSC "Russian Machines" and to fill the post of Board of Directors of "RM Systems" (Russian Machines' auto components business).

The automotive division of Russian Machines comprises GAZ Group, RM Systems, as well as participation in the business of Magna International Inc., a major stake in which has been acquired by Russian Machines. Substantial enlargement of Russian Machines' automotive sector has dictated the need for unified coordination of auto components business development and utilizing synergies among all the automotive construction assets.

Erik Eberhardson will become the coordinator of those processes. Management of Russian Machines deemed him to be the optimal candidate in selecting the leader for the automotive division. This was done taking into consideration his many years' experience of doing business on the markets of Russian and CIS combined with the practices of working for one of the largest international automotive concerns, as well as outstanding achievements in developing and implementing GAZ Group's long-term strategy towards.