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Severstal NA taps Petrova, Tuomey for financial posts

Keywords: Tags  steel, Severstal, Olga Petrova, Michael Tuomey, executive promotions, Schlumberger, PepsiCo, Sergei Kuzetsov Catherine Ngai

NEW YORK — Severstal North America Inc. has named Olga Petrova chief financial officer and Michael Tuomey deputy chief financial officer, the company said Sept. 16.

Petrova—who will be responsible for financial strategy, planning and reporting, as well as forecasting, budget management and cost-benefit analysis—joins Severstal North America from Moscow-based parent company OAO Severstal, where she worked as head of business planning and the controlling department since 2011. Prior to Severstal, Petrova held high-level financial positions at Shell Exploration & Production Co., Houston-based Schlumberger Ltd. and Purchase, N.Y.-based PepsiCo Inc.

Petrova succeeds Tuomey, who had been serving in the post on an interim basis and has worked at Severstal and its predecessor companies for 28 years in various senior-level financial positions, most recently as director of corporate account and controlling.

The Dearborn, Mich.-based steelmaker has experienced several executive-level changes this year, including the resignation of chief executive officer Sergei Kuznetsov (, Sept. 3), as well as the departure of the Dearborn operation’s vice president and general manager, its chief financial officer and the retirement of the Columbus, Miss., operation’s vice president and general manager (, May 20).

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