Heads were spinning, and rolling, as Russia's
United Co. Rusal, the world's largest aluminum producer, put
new managers in place and sent a few packing.
Most notable were the changes at Rusal
America Corp., Harriman, N.Y., which got a new president,
Sergei Bubnov, a chief operating officer, Richard Kellner, and
a new sales director, Mark Bodner. Gone is longtime Rusal
America president Bruce Markowitz, to the general surprise of
many in the tightly knit primary aluminum community.
Bubnov, who will report to the board of Rusal
America, was a member of the team that established Rusal's
North American headquarters in 1999. He also was director of
the export sales department at Rusal from 2003 to 2006.
Vladimir Kremer, UC Rusal's managing director
of sales and marketing and another Sual alumnus who did not
leave the company, now heads UC Rusal's new operation in Zug,
Switzerland, which the company has established to centralize
its sales and marketing operations closer to customers and the
offices of other international metals companies.
Back home in Russia, Alexander Bulygin,
former chief executive officer of Rusal, is chief executive
officer of UC Rusal, while Victor Vekselberg, former chairman
of Sual, is non-executive chairman of UC Rusal.
Out is Andrew Michelmore, former chief
executive officer of En+, the division of Oleg Deripaska's
holding company with oversight of UC Rusal. Michelmore
originally had been named to UC Rusal's board when the merger
was completed in late March.