On Friday, March 20, the Board of Directors “VSMPO-AVISMA” chosea new president. They became Mikhail Voevodin - Member of the Board of Directors and Chairman of the Audit Committee, the executive director of “Prominvest.

Mikhail Voevodin as Vice President Vladislav Tetyukhin, who since 1992 during the 16 years he was general manager, and since September 2008 - President of the Company.

Mikhail Voevodin - an economist, graduated from Academy. Plekhanov and the Diplomatic Academy of the Ministry of Foreign Affairs (International Economic Relations). Since 2002 he has worked in Prominvest “in 2005, is the executive director of the company. Since November 2006 a member of the Board of Directors “VSMPO - AVISMA.

According to the new edition of “The Presidency”, adopted by the Board of Directors, the President will oversee the implementation of solutions meeting of shareholders and the Board of Directors, as well as operational liaison between the General Director and the Board of Directors of:

- enhancing the work by developing and strengthening the external economic and industrial relations;- improvement of production processes;- Develop a strategy for the development of medium and long term;- development of science, technology, innovation, investment, human resources and social activities.

In particular, the new president will work with strategic suppliers and customers, together with Mr. Tetyukhin, who is responsible for this area as a member of the Board of Directors.

On Friday, March 20, the Board of Directors “VSMPO-AVISMA” chosea new president. They became Mikhail Voevodin - Member of the Board of Directors and Chairman of the Audit Committee, the executive director of “Prominvest.

Mikhail Voevodin as Vice President Vladislav Tetyukhin, who since 1992 during the 16 years he was general manager, and since September 2008 - President of the Company.

Mikhail Voevodin - an economist, graduated from Academy. Plekhanov and the Diplomatic Academy of the Ministry of Foreign Affairs (International Economic Relations). Since 2002 he has worked in Prominvest “in 2005, is the executive director of the company. Since November 2006 a member of the Board of Directors “VSMPO - AVISMA.

According to the new edition of “The Presidency”, adopted by the Board of Directors, the President will oversee the implementation of solutions meeting of shareholders and the Board of Directors, as well as operational liaison between the General Director and the Board of Directors of:

- enhancing the work by developing and strengthening the external economic and industrial relations;- improvement of production processes;- Develop a strategy for the development of medium and long term;- development of science, technology, innovation, investment, human resources and social activities.

In particular, the new president will work with strategic suppliers and customers, together with Mr. Tetyukhin, who is responsible for this area as a member of the Board of Directors.