About
- Name: ALEXEY MORDASHOV
- English name: ALEXEY MORDASHOV
- Native name: ---
- Alias: ---
- Award: ---
Description: Alexey mordashov, a majority shareholder in steel company severstal, resigned as ceo in 2015 after 19 years in the role. a year earlier, he sold all of severstal's north american units to focus on the russian business. he also owns about 30% of tui group, one of the biggest travel and tourism companies in the world. his russian power equipment producer, power machines, which has a joint venture with siemens, was hit by u.s. sanctions in 2018. the son of mill workers, mordashov rose to become the finance director of a steel mill. when the plant's elderly director instructed him to acquire shares to keep them from an outsider, mordashov kept most of them for himself.
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