OREANDA-NEWS. On July 08, 2009 during the meeting, PSC VSMPO-AVISMA Board of Directors reviewed application of Evgeniy V. Romanov, Director General, for early termination of his office. The decision was taken to terminate the powers of Evgeniy V. Romanov, Director General of PSC VSMPO-AVISMA Corporation after July 12, 2009, reported the press-centre of VSMPO-AVISMA.

PSC VSMPO-AVISMA Corporation Board of Directors are expressing gratitude to Evgeniy V. Romanov for the work he has done and are emphasizing, that under circumstances of the global financial crisis, he has accomplished all the tasks brought forward to him, and orderly continued realization of the Company’s strategic development.

In the course of the same meeting, Board of Directors appointed Michael V. Voevodin to a post of Director General of PSC VSMPO-AVISMA Corporation, coming into effect July 13, 2009. Position of President of PSC VSMPO-AVISMA Corporation was eliminated.

Michael V. Voevodin, born in 1975, economist, graduated from the Academy named after G.V.Plekhanov, and from Diplomatic Academy of Ministry of Foreign Affairs. After 2002, he has held various executive posts in LLC Prominvest (investment company being a part of Group of Companies “ROSTECHNOLOGII”), since 2005 he has been First Deputy Director General – Chief Executive Officer of this company. Since 2006 – a member of PSC VSMPO-AVISMA Corporation Board of Directors. Since March the 20th, 2009, Michael V. Voevodin has been President of VSMPO-AVISMA Corporation.