Rusal Chairman Quits Citing ‘Crisis’ at Aluminum Producer
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United Co. Rusal, the Russian aluminum producer whose chairman quit two days ago, may appoint a replacement as soon as this week as it fends off accusations that the debt-laden company is in crisis.
Rusal may elect an independent chairman on March 16 when it’s due to hold a board meeting, Chief Executive Officer Oleg Deripaska said yesterday on a conference call. “The chair won’t get cold,” he said.