10 Oct 2022 09:40

Former Polyus CEO Grachev leaves Detsky Mir board

MOSCOW. Oct 10 (Interfax) - The former CEO of leading Russian gold miner PJSC Polyus , Pavel Grachev has stepped down from the board of directors of Detsky Mir , Russia's largest children's goods retailer, the latter reported.

Grachev owns almost 20% of Detsky Mir with Polyus CFO Mikhail Stiskin.

Maria Gordon, a former executive at Pacific Investment Management Co. and Goldman Sachs Asset Management, and Tony Mayer, the former chairman of baby food producer Progress and former head of dairy product maker Wimm-Bill-Dann and retailer O'Key , left Detsky Mir's board in September.

There are now seven directors left on Detsky Mir's board. They are company CEO Maria Davydova and commercial director Maria Volodina; company beneficiaries Mikhail Stiskin and Dmitry Klenov; Andrei Anischenko, an entrepreneur and investor in digital education services and marketing; Alexander Shevchuk, executive director of the Association of Professional Investors, and Vladimir Klimanov, deputy director of mergers and acquisitions at Polyus Management Company LLC and investment director at Veta Capital Partners LLC.