Megafon CEO to resign - report

News Wireless Russian Federation 4 SEP 2017
Megafon CEO to resign - report

Sergey Soldatenkov, the CEO of the Russian mobile operator Megafon, could resign from his position, reports Vedomosti citing sources. The resignation is being considered by the management of the company, but no final decision has been taken yet. The reason of the potential resignation is the company's weak financial figures. 

Four members of the management council of the company, Natalya Chumachenko, Anna Serebryanikova, Vlad Volfson and Gevork Vermishyan, are being considered as potential candidates to take over as CEO. Neither Megafon nor Soldatekov has confirmed the claim.

The trend in revenues at Megafon from mobile services was worse than its main competitors in the second quarter of this year. 

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