Vladimir F. Iorich
Russian self made billionaire.
Former commercial director of Kuznets Coal. Became president of Swiss firm Conares Holding in 1995. Currently Chief Executive Officer and member of our Board of Directors of Mechel. From 1995 to December of 2004 Mr. Iorich served as the President of Mechel Trading. From 2001 to 2004, he served as a Director of MMK, a Russian steel producer in which we own 16.9% of the common and 12.2% of the preferred shares. Chairman of the Board of Directors and President of Conares Holding AG. Mr. Iorich beneficially owns 47.8% of Mechel common shares, including through his ownership of 50% of the capital stock of Conares Holding AG, which owns 26.6% of Mechel common shares.
Mechel is one of Russia’s leading mining and metals companies, uniting producers of coal, iron ore, nickel steel, rolled products, and hardware.
Education: degree in engineering and economics from Kuzbass Polytechnic Institute.
$1.5 billion as of 2005.