Board of Directors of LSR early terminated the powers of the majority shareholder Andrei Molchanov as CEO of the company. Andrey Molchanov also decided to resign from the Board of Directors. Dmitry Kutuzov was appointed as the new CEO of LSR. He has been working in the group since 2004. In different years he held the positions of Head of the Planning and Economic Department, Deputy Financial Director, Head of the Treasury Department, and Financial Director.