Steel Mills
New Chief and Deputy CFOs at Severstal NA
Written by Sandy Williams
September 17, 2013
Severstal North America announced the appointment of Olga Petrova as new Chief Financial Officer. Petrova will succeed Interim CFO Michael Tuomey who has been appointed Deputy Chief Financial Officer.
Petrova held the position of Head of Business the Planning and Controlling at parent company OAO Severstal since 2011. Her background includes high-level financial positions at Shell Exploration and Production, Schlumberger and PepsiCo.
“I am confident that Olga will be an invaluable asset to our organization as we move forward to position our company as a high-performing, customer-oriented steel supplier of choice,” said Saikat Dey, CEO, Severstal North America.
Tuomey has been with Severstal and its predecessor companies for 28 years, most recently holding the position of Director of Corporate Accounting and Controlling and Interim CFO.
“Mike’s dedication, broad business experience in the industry and overall knowledge of SNA’s financial systems will be instrumental in helping the company be more responsive to customer and employee needs,” commented Dey.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Wheeling-Nippon Steel raises Galvalume coating extras
The steelmaker released updated extras to customers on Oct. 15, marking the second adjustment in just six weeks following their early September revision
Cliffs offloading some FPT assets, considering HBI plant sale as well
Lourenco Goncalves confirmed that Cleveland-Cliffs is actively selling off portions of its Ferrous Processing and Trading (FPT) assets. Its direct reduction plant in Toledo, Ohio, may also be up for grabs...
SSAB cites US strength but flags tariff-driven uncertainty
The Americas segment of Swedish steelmaker SSAB delivered a stable third quarter, but with weaker shipments and continuing cautious demand. Plate prices held, but tariffs, slowing end-user demand, and...
AHMSA drama deepens as drawn-out bankruptcy slowly progresses
A former CEO goes to court for swiping tin. An OEM distributor slams the bankruptcy trustee for failing workers and creditors. The steelmaker fires back. Angry employees demand back pay as tensions rise in Monclova's steel saga.
Cliffs aligns with US critical mineral policy, moves forward with DOE-funded projects
Cleveland-Cliffs is positioning itself as a key player in America’s push for industrial independence.