{"id":1900,"date":"2020-03-11T00:00:00","date_gmt":"2020-03-10T21:00:00","guid":{"rendered":"https:\/\/ir.detmir.ru\/en\/2020\/03\/11\/detsky_mir_management_change\/"},"modified":"2020-03-11T00:00:00","modified_gmt":"2020-03-10T21:00:00","slug":"detsky_mir_management_change","status":"publish","type":"post","link":"https:\/\/ir.detmir.ru\/en\/press-centre\/news\/detsky_mir_management_change\/","title":{"rendered":"The Board of Directors Approved Management Change"},"content":{"rendered":"<p><strong>11<\/strong><strong>&nbsp;March&nbsp;2020, Moscow, Russia&nbsp;<\/strong>\u2013 PJSC Detsky Mir (\u201cDetsky Mir\u201d or the \u201cCompany\u201d, MOEX:&nbsp;DSKY), Russia\u2019s and Kazakhstan\u2019s largest children\u2019s goods retailer, announces that its Board of Directors at a meeting on 10 March 2020 approved the early termination of appointment of Vladimir Chirakhov as the Company\u2019s CEO, to be succeeded by Maria Davydova, Deputy CEO of Commercial Activities.<\/p>\n<p>The Board of Directors passed the following resolutions:<\/p>\n<ol>\n<li>The early termination of the appointment of Vladimir Chirakhov, CEO of PJSC&nbsp;Detsky Mir effective 2 April&nbsp;2020.<\/li>\n<li>The appointment of Maria Davydova as CEO of PJSC&nbsp;Detsky Mir effective 3 April&nbsp;2020.<\/li>\n<li>The appointment of Vladimir Chirakhov as Chairman of the Board of Directors of PJSC&nbsp;Detsky Mir effective 3&nbsp;April&nbsp;2020.<\/li>\n<\/ol>\n<p><p align=\"center\">***<\/p>\n<\/p>\n<p><strong>For additional information:<\/strong><\/p>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"width:813px\" width=\"0\">&#xD;<\/p>\n<tbody>&#xD;<\/p>\n<tr>&#xD;<\/p>\n<td style=\"width:338px;height:5px\">&#xD;<\/p>\n<p style=\"margin-left:-5.4pt\"><strong>Nadezhda Kiseleva<\/strong><\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p style=\"margin-left:-5.4pt\">Head of Public Relations<\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p style=\"margin-left:-5.4pt\">Office: +7\u00a0495\u00a0781 08 08, ext. 2041<\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p style=\"margin-left:-5.4pt\">Cell: +7\u00a0985\u00a0992 78 57<\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p style=\"margin-left:-5.4pt\">nkiseleva@detmir.ru<\/p>\n<p>&#xD;\n\t\t\t<\/td>\n<p>&#xD;<\/p>\n<td style=\"width:475px;height:5px\">&#xD;<\/p>\n<p><strong>Sergey Levitskiy<\/strong><\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p>Head of Investor Relations<\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p>Office: +7\u00a0495\u00a0781 08 08 ext. 2315<br \/><\/br>&#xD;<br \/>\n\t\t\tCell: +7\u00a0903\u00a0971 43 65<\/p>\n<p>&#xD;<br \/>\n&#xD;<\/p>\n<p>slevitskiy@detmir.ru<\/p>\n<p>&#xD;\n\t\t\t<\/td>\n<p>&#xD;<br \/>\n\t\t<\/tr>\n<p>&#xD;<br \/>\n\t<\/tbody>\n<p>&#xD;<br \/>\n<\/table>\n<p><strong>Detsky Mir Group<\/strong> (MOEX: DSKY) is a multi-format retailer and Russia\u2019s and Kazakhstan\u2019s largest specialized children\u2019s goods retailer. The Group comprises the Detsky Mir and the Detmir.ru retail chains, the ELC (Early Learning Centre in Russia) and the ABC retail chains, as well as the Zoozavr pet supplies retail chain. The Company operates a network of 766 Detsky Mir stores located in 293 cities in Russia, Kazakhstan and Belarus, 4 Detmir.ru stores, as well as 49 ELC, 13 ABC and ten Zoozavr stores as of 31 December 2019. Total selling space was approximately 843,000 square meters.<\/p>\n<p>Detsky Mir Group\u2019s shareholder structure as of the date of this announcement is as follows: PJSFC Sistema<a href=\"#_ftn1\" name=\"_ftnref1\" title=\"\">[1]<\/a>&nbsp; \u2013 33.38%, Russia-China Investment Fund (RCIF) <a href=\"#_ftn2\" name=\"_ftnref2\" title=\"\">[2]<\/a> \u2013 9.0%, free-float \u2013 57.62%.&nbsp;<\/p>\n<p>Lear more at www.detmir.ru, elc-russia.ru, ir.detmir.ru<\/p>\n<hr align=\"left\" size=\"1\" width=\"33%\"><\/hr>\n<p><em>(1) Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, children\u2019s goods retail, paper and packaging, healthcare services, agriculture, high technology, banking, real estate, pharmaceuticals and hospitality.<\/em><\/p>\n<p><em>(2) RCIF, an equity fund established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), holds its stake in PJSC&nbsp;Detsky&nbsp;Mir through its funds: <\/em><em>Floette Holdings Limited and Exarzo Holdings Limited<\/em><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>11 March 2020, Moscow, Russia \u2013 PJSC Detsky Mir (\u201cDetsky Mir\u201d or the \u201cCompany\u201d, MOEX: DSKY), Russia\u2019s and Kazakhstan\u2019s largest children\u2019s goods retailer, announces that its Board of Directors at a meeting on 10 March 2020 approved the early termination of appointment of Vladimir Chirakhov as the Company\u2019s CEO, to be succeeded by Maria Davydova, Deputy CEO of Commercial Activities.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/posts\/1900"}],"collection":[{"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/comments?post=1900"}],"version-history":[{"count":0,"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/posts\/1900\/revisions"}],"wp:attachment":[{"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/media?parent=1900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/categories?post=1900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ir.detmir.ru\/en\/wp-json\/wp\/v2\/tags?post=1900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}