With immediate effect, GAZ Group has announced the appointment of a new CEO for LDV Group.
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Evgeniy Vereshchagin, who joined the board of LDV in December 2007, has been appointed as the company’s new CEO. The position has been vacant since the recent departure of Steve Young.
Speaking of the announcement Evgeniy said: “I am delighted to be taking up this appointment at a exciting time in the development and growth of the LDV business. LDV has made good progress under the stewardship of GAZ in product development, manufacturing and sales. Our challenge now is to maximise the growth potential across the business portfolio.”
Sergey Zanozin, chairman of the GAZ Group management board, said: “Evgeniy’s appointment re-enforces the commitment from GAZ Group to the development of LDV. 2008 will be a challenging year for the business with the implementation of MAXUS production in Russia, the introduction of GAZ lean manufacturing systems at Drews Lane, Birmingham, and our plans to increase MAXUS sales in the UK and Europe by 50 per cent.”
Further to Evgeniy’s appointment the LDV board of directors has made the decision to reinforce LDV’s management team with specialists from within production systems, finance, procurement and sales who have gained experience from working within GAZ Group’s Russian enterprises.
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