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    Deripaska Steps Down as CEO to Become President of RUSAL: Press Release

    © Sputnik / Vitaliy Bezrukikh
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    Russian tycoon Oleg Deripaska has quit as CEO of RUSAL to become the company’s president, while the first deputy CEO, Vladislav Soloviev, was appointed new CEO.

    MOSCOW, November 18 (Sputnik) — Russian tycoon Oleg Deripaska has quit as CEO of RUSAL to become the company’s president, a press release issued Tuesday said.

    According to the release, as CEO of RUSAL the company’s Board of Directors appointed Vladislav Soloviev, who had been first deputy CEO.

    Deripaska is the main owner of the aluminum giant RUSAL, which is one of the leaders in the global aluminum industry. Almost nine percent of the world’s aluminum and eight percent of alumina is produced by RUSAL. The company is represented in 19 countries.

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