Mechel's KuzbassEnergoSbyt appoints new CEO for second time in three months

KEMEROVO. Nov 10 (Interfax) - The board of directors of PJSC Kuzbass Energy Retail Company (KuzbassEnergoSbyt), part of Mechel Group , at a meeting on November 10 voted to terminate the tenure of Dmitry Karpov as CEO after just several months, according to company materials.

Anatoly Vasilyevich Ulichev has been appointed the new CEO, the company's sole executive body, for one year as of November 11. The company does not specify Ulichev's previous position or place of employment.

KuzbassEnergoSbyt has declined to comment. The company has also not disclosed the reasons for the change in CEO nor whether Karpov would remain with KuzbassEnergoSbyt.

According to documents from JSC Vanino Commercial Seaport (Port Vanino) , the largest stevedoring company at the port of the same name in the Khabarovsk Territory, an individual with the exact same name as the new KuzbassEnergoSbyt CEO joined the stevedore's board of directors in June. Furthermore, according to the SPARK-Interfax analytical system, Anatoly Ulichev served as the head of Stevedoring Coal Company (Kingisepp) LLC from 2007 to 2015.

As reported, Mechel had indicated its intention to sell KuzbassEnergoSbyt, classifying it as a non-core asset.

As also reported, Karpov had spent 25 years at KuzbassEnergoSbyt prior to his appointment as CEO, including as Director of Electricity Sales and Commercial Operations since June 2016 and as head of Northern Inter-district Branch of PJSC KuzbassEnergoSbyt prior to that.

Karpov succeeded Leonid Petrov, who had been CEO since 2004, and has retired.

PJSC KuzbassEnergoSbyt is the largest electricity retail company in the Kemerovo Region.