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NEWS & EVENTS: Breaking News


 18.07.2008 11:08


July, 18. The Powers of NorNickel CEO Denis Morozov expire on Friday. The metal maker's Deputy CEO Sergey Batekhin will take over his position on Monday. Although Denis Morozov repeatedly told journalists that he would try to prevent a management exodus from the company after his resignation, he failed to persuade many of his subordinates to stay. According to an informed source, managers close to Mikhail Prokhorov (formerly NorNickel CEO and shareholder and currently president of Onexim group, RusAl's minority shareholder) will leave the company following Denis Morozov and his deputy Tav Morgan (he will work until July 31). According to the source, they will most likely be hired by Onexim group to implement of Mikhail Prokhorov's exploration projects.


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