United Engine Corp's Badekha could replace Slyusar as CEO at United Aircraft Corp - sources

MOSCOW. Nov 5 (Interfax) - Vadim Badekha, who is currently CEO of United Engine Corporation (UEC), could be appointed the new CEO of PJSC United Aircraft Corporation (UAC), several business publications said, citing sources, and Interfax's sources confirmed the information.

JSC UEC-Klimov CEO Alexander Grachev could replace Badekha at UEC, a source close to the Industry and Trade Ministry told RBC.

Former UAC CEO Yury Slyusar has been appointed acting governor of the Rostov Region, with President Vladimir Putin signing the corresponding decree on Monday, and former Rostov Region governor Vasily Golubev having resigned earlier that day.

A native of Rostov-on-Don, Slyusar was appointed UAC CEO in 2015. He was previously deputy minister at the Industry and Trade Ministry, overseeing the aviation and radio-electronics industry, and he headed the ministry's aviation industry department prior to this. Slyusar was also an assistant to the minister on the aviation programs committee of Oboronprom (defense industry), and was commercial director at OJSC Rostvertol (MOEX: RTVL ) (helicopters) for four years.

Badekha was appointed UEC CEO in 2023, prior to which he had been CEO of Ural Civil Aviation Plant since 2009.

UAC and UEC are both part of the Rostec state corporation.