January 16, 2015 20:01
Yury Slyusar to replace Mikhail Pogosyan as UAC chief from Jan 17
MOSCOW. Jan 16 (Interfax) - The board of directors at United Aircraft Corporation (UAC) on Friday accepted early resignation of the company's president, Mikhail Pogosyan, the UAC said in a press release.
He will be replaced by Yury Slyusar, Russia's current Deputy Minister of Industry and Trade. Slyusar will formally assume the office on January 17, the UAC said.
The news that the company board was to consider Pogosyan's resignation emerged on January 13, 2015. On the same day Minister of Industry and Trade Denis Manturov told reporters that Slyusar would be the company's president and Pogosyan its chief design engineer.
Pogosyan headed up the UAC in February 2011, replacing Alexei Fyodorov (currently the Managing Director for Aviation Projects at Rostec Corporation).
In late December 2014, several media outlets reported that Pogosyan had written a letter of resignation. UAC, however, said the reports were untrue.
UAC was founded on February 20, 2006. The Russian state owns 84.33% of its shares. The corporation consists of: Sukhoi, Irkut Corporation, UAC-Transport Aircraft, Ilyushin, Sokol Plant, Tupolev, Aviastar-JV, VASO, and RSC MIG.
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