Cherkizovo Group announces results of the Board of Directors meeting
Moscow, Russia - September 23, 2016 - PJSC Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, announces results of the Board of Directors Meeting held on September 22, 2016.
On September 22, 2016 the Board of Directors made the decision to increase the management composition to 14 members. The newly elected members of the management team are:
· Alexander Gusakov, Chief Security Officer
· Vera Eliseeva, Chief People Officer
· Maksim Zudin, Head of Agro Division
· Leonid Izmailov, Head of Investment Projects Department
The Board of Directors also appointed Valery Kuprienko as the corporate secretary of Cherkizovo Group and approved the regulations for the Board of Directors Personnel and Remuneration Committee of PJSC Cherkizovo Group.
For more information please visit www.cherkizovo.com or contact
+7 (495) 660 2440 ext. 15962
+7 (495) 795 0623
About Cherkizovo Group
Cherkizovo Group is the largest meat and feed producer in Russia. The Group is a top-3 producer in the poultry, pork and processed meat markets and is the largest feed manufacturer in the country.
Cherkizovo Group encompasses 8 full cycle poultry production facilities, 15 modern pork production facilities, 6 meat processing plants, 9 feed mills and more than 140,000 hectares of agricultural land. In 2015, Cherkizovo Group produced more than 825,000 tons of meat products.
Thanks to its vertically integrated structure, which includes grain growing and storage, feed production, livestock breeding, fattening and slaughtering, and meat processing, alongside a distribution system, the Group has consistently delivered stable, long-term growth of both sales and revenue. The Company's consolidated revenue reached RUB 77.0 bn in 2015.
Cherkizovo Group shares are traded on the London Stock Exchange (LSE) and on the Moscow Exchange (MOEX).
This information is provided by RNS