Severstal NA chief exec Kuznetsov resigns

Sep 03, 2013 | 01:31 PM | Catherine Ngai

Tags  Severstal North America, Severstal, Severstal International, Sergei Kuznetsov, Saikat Dey, steel, Catherine Ngai

NEW YORK — Sergei Kuznetsov, chief executive officer of Severstal North America Inc., resigned from the company Sept. 3, a company spokeswoman confirmed.

Saikat K. Dey, the Dearborn, Mich.-based company’s chief strategy and procurement officer, succeeds Kuznetsov.

"The new leadership of Severstal North America will remain committed towards increasing efficiencies, lowering costs and achieving competitive advantages in the North American market," Alexey Mordashov, chief executive officer of Moscow-based parent company OAO Severstal, said in a statement.....

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