Anton Kudryashov, Pyotr Aven leave CTC Media
MOSCOW. Dec 16 (Interfax) - The chief executive of Russia's CTC Media, Anton Kudryashov has stepped down effective December 15 "based on mutual agreement," the company said in a press release.
"Angelo Codignoni has been elected as Co-Chairman of the Board of Directors and that Dmitry Lebedev has been appointed as a new member of the Board. Mr. Lebedev takes the Board seat held by Peter Aven, who has stepped down from the Board. In addition, Anton Kudryashov has stepped down as Chief Executive Officer effective as of December 15, 2011, based on mutual agreement. He has been replaced on an interim basis by the Company's Chief Financial Officer, Boris Podolsky, until a permanent replacement is appointed," the company said.
Kudryashov was named CEO in 2008. Podolsky has held the post of CFO at CTC Media since 2007, prior to which he was director of finance and corporate reporting at Mobile TeleSystems (MTS) ; before that he held various positions at Ernst & Young.
According to unofficial reports, Kudryashov will replace Yelena Shmatov as chief executive of mobile provider VimpelCom .
Angelo Codignoni, 63, has served as a member of the CTC Media Board of Directors since June 2011. Codignoni has almost 30 years of experience in television, media and advertising, including the creation and management of television networks in Europe and Asia. Most recently, from 1996 to 2006, he served as President and Chief Executive Officer of EUROSPORT SA, Europe's largest sports television network. Codignoni currently serves on the boards of directors of several privately held companies.
Dmitry Lebedev, 43, has more than 20 years of banking experience in Russia. Lebedev has served as Chairman of the Management Board of Bank ROSSIYA, a large Russian national corporate bank, since 2006, and joined Bank ROSSIYA in 2004 as Advisor to the Chairman of the Board of Directors. Bank ROSSIYA has an indirect interest in Telcrest Investments Limited, which holds a 25.2% stake in CTC Media. Lebedev also serves on the board of directors of several affiliates of Bank ROSSIYA, including SOGAZ, the second largest insurance company in Russia.
