OREANDA-NEWS. From the 1st of July 2014, Fyodor Ogarkov, who has led MGU for three years, will continue strategic development of the Group as a Supervisory Board member. The new CEO of the media holding is Yevgeniy Lyaschenko who has been its financial director for two years. He will focus on MGU's operational management.

Led by Fyodor Ogarkov, Media Group Ukraine has successfully developed into a holding, forming its assets portfolio, building efficient operational management and entering the market as a strong player. He structured the management of all key processes, built a strong executive team and a talent pool and streamlined the key business processes. Yevgeniy Lyaschenko will ensure the further growth of MGU's operational efficiency and maintain its strategic advantages.

Yekaterina Lapshina, Chair of the Supervisory Board of Media Group Ukraine, SCM's Director of Media Business Development:

“This organizational change sums up a big stage of building and development of the media group. It was a fully-fledged project completed by the team with Fyodor Ogarkov in charge. We planned three years as the best term for building SCM's media business, and over this period Media Group Ukraine has evolved into a key media market player in the country. This stage is now over and we have achieved the expected results, but we are glad that Fyodor Ogarkov agreed to join MGU's Supervisory Board. He will keep participating in the projects for Group's development and improvement of corporate management and supervision. I am sure that he will make the Supervisory Board stronger and more efficient. It is important that Ogarkov's membership in the board will ensure succession of management and necessary support for the new CEO. Yevgeniy Lyaschenko also has important objectives to address. He will need to maintain and develop our key assets and freshly launched businesses and achieve holding's ambitious goals. He has received this crucial position thanks to his successful performance as a financial director, his active part in strategy development and making of critical decisions. Yevgeniy Lyaschenko is a professional and a leader who knows all the business processes inside out.”

Fyodor Ogarkov, Supervisory Board Member of Media Group Ukraine:

“Despite the results we have achieved over three years, this stage would not be compete for me if I didn't see a person in our team, who has grown and established himself and can now lead the Group.

As a financial director Yevgeniy Lyaschenko supervised strategic projects and initiatives to establish managerial accounting, business analysis and a risk management system. He also helped to build the regional media group reorganizing own production. He acted beyond his direct responsibilities and obtained substantial experience in management of different operations. All this makes me count on Yevgeniy Lyaschenko as the best successor for the MGU's CEO position. I am sure that his professional skills, system-based approach, consistency and strategic thinking will help him to maintain our development pace, roll out new projects and achieve higher results. He is an executive who knows and shares the values, rules and culture of MGU's and SCM's business and encourages the Group's team to follow them. I wish him the best of luck in the new office and will fully assist him in getting into this responsible role.”

Yevgeniy Lyaschenko, CEO of Media Group Ukraine:

“Leading one of the biggest media groups of Ukraine is a great responsibility entrusted to me by the management and the Supervisory Board of the Group. Together with the team we have built efficient financial function in MGU over quite a short period thus moving business efficiency management to a new quality level. Now my priority is to become a true leader of the Group and achieve MGU's strategic goals, which I have actively developed.”

The executives of Media Group Ukraine are recognized experts respected by the professional community and colleagues. In April 2014, Fyodor Ogarkov made it to the first 20 of the Top 100 Best Executives of Ukraine ranking by Ekonomika. Yevgeniy Lyaschenko was listed in the Top 50 Best Financial Directors of Ukraine ranking by Investgazeta (Issue 13, 7-13 April 2014).

Fyodor Ogarkov has been leading Media Group Ukraine right from its start in June 2011. He has been in the media business since 2006, when he was appointed Executive Director of Pronto-Moscow media holding company, and in 2009 became its CEO. In 2004-2006 he was the CEO of Kampomos; in 2002-2004 - the CEO of Rusagro. In 1999-2002 he was the CEO of Borjomi Waters. In 1997-1999 he was the Russian Sales Director at Polaroid; and in 1993-1997 - a Regional Manager at Wrigley. Fyodor Ogarkov is a graduate of Leningrad State University, Department of Philology.

Yevgeniy Lyaschenko has been CFO of Media Group Ukraine since July 2012, previously working in finance and consulting for over 17 years and taking executive positions for 14 years. In 1998-1999 he was CFO at Slobozhanska Budivelna Keramika ceramics company; in 2011-2012 - CFO of Corum (SCM Group). From 2007 to 2011 he had the position of CFO at London and Regional Properties Ukraine and in 2005-2007 - at Alaska Trade. In 2003-2004 Yevgeniy Lyaschenko was a management consultant at Coca-Cola Beverages Ukraine and rolled out a number of projects for streamlining business processes, previously working there as a regional director. He graduated from the Department of Economics at Karazin Kharkiv National University.