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AVTOVAZ Group Announces New Appointments

AVTOVAZ group announces new appointments effective from November 1st, 2018:

›Mikhail Ryabov, General Director of ''LADA Izhevsk automobile plant'', is appointed Vice-President of PJSC ''AVTOVAZ'' for the car production.

›Nikolay Strokov, Vice-President for the car production of PJSC AVTOVAZ, is appointed to the position of Vice-President of PJSC AVTOVAZ for the production of automotive components.

›Denis Nosov, Director of production of plastic products (PPI) of PJSC AVTOVAZ in Togliatti, is appointed General Director of “LADA Izhevsk automobile plant”.

›Sergey Uryupin, Vice-President of PJSC AVTOVAZ for the production of automotive components, is leaving the company, and will develop his career at one of the companies of the Russian automotive industry in a senior position.

The President of PJSC AVTOVAZ Yves Caracatzanis noted that the new appointments are a common practice in the automotive industry. ''Transition of managers and new challenges provide professional and personal growth for every of them. It strengthens horizontal ties within the company, needed for effective operation and operative decision-making'', - stated Mr. Caracatzanis.