OAO Novolipetsk Steel, the Russian
steelmaker controlled by billionaire Vladimir Lisin, named Oleg
Bagrin as the sole candidate to become the company’s president.
The board nominated Bagrin today, the company said in a
regulatory statement. The shareholders of NLMK, as the company
is known, will vote to elect a president on Oct. 25.
Bagrin has been a member of NLMK’s board since 2004. He was
appointed executive vice president last month.
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