ArcelorMittal Kriviy Rih has dismissed Ashokkumar Sitaram Sonthalia from the office of the financial director, chief accountant and appointed Pavel Zadorozhny acting FD instead.
According to the company statement, Sontalia resigned. He has been in the office since June 2012. He owns no company shares.
Zadorozhny has been appointed for an indefinite time and he is a minor shareholder.
In 2015 AMKR received 1.38 billion UAH of net profits, having increased its net income by 25.9% YoY, or by 9.52 billion UAH, to 46.26 billion UAH. (Ukrainian metal)