August 14, 2012

Gregory Mason Joins Metinvest Group Supervisory Board

Metinvest Group announced today that Gregory Mason will join its supervisory board as the nominee of minority shareholder Smart Holding. He serves as an independent director.

Mason brings expertise in strategic and operational management, technological innovation and deployment practices of continuous improvement in manufacturing processes to the board.

He has 32 years of professional experience, and is an international expert in technology and operational management. His extensive work experience in steel and mini mills in North America, Europe, Russia and Asia is complemented by knowledge of manufacturing processes of steel production and cost structures, factor in achieving competitiveness and create value.

Mason was formerly director general of Severstal International, overseeing the manufacturing assets of Severstal North America and Europe.  He has worked in steel companies and consulting firms, where he rose from engineering and operational management to senior management.

A registered professional engineer in the United States, Mason is also a 1975 graduate of St. Petersburg State Marine Technical University with a degree in electrical engineering. A U.S. citizen, he lives in Pittsburgh, Pennsylvania

Metinvest B.V. is the parent company of the international vertically integrated steel and mining group of companies jointly referred to as Metinvest Group.

The company’s supervisory board is formed on a collegial basis and is comprised of ten people.

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