Moscow, Russia – June 15, 2016 – Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the appointment of Sergey Rezontov as the company’s Chief Financial Officer.

“During his eight years in Mechel, Sergey worked his way from a specialist to a division director, and I gladly congratulate him with this new and important appointment. As chief financial officer, he will be in charge of corporate financing, treasury, investor relations, strategic and operational analysis, mergers and acquisitions activities. Today stable work of our financial function is more important to the company than ever, and I am sure that Sergey, who is a talented finance professional and an adept negotiator, who knows the company through and through, will be able to tackle the tasks facing him,” Mechel PAO’s Chief Executive Officer Oleg Korzhov commented.

Prior to his appointment, Sergey Rezontov, 32, headed Mechel PAO’s financial department since 2014. In 2013-2014, he worked as deputy chief executive officer and financial officer of Lysva Metallurgical Company UK OOO. In 2012, he was deputy director of Mechel OAO’s treasury operations department. In 2006-2012, he worked first as a specialist and then as head of Mechel OAO’s corporate financing department. In 2004-2006, he was manager of the metals and mining team in the corporate clients department of Commerzbank (Eurasia) ZAO.

Sergey Rezontov graduated Plekhanov Russian Academy of Economics with a degree in management.

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Mechel PAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com