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O'KEY Group S.A. (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s largest food retailers, announces that a new Chief Operating Officer and a new Chief Commercial Officer are taking office. There was also an appointment of the Group’s Retail Development Director. All the top managers will be reporting directly to the Group's CEO Armin Burger.

All materials published by the Group are available on its website at www.okeygroup.lu

Appointment of Pavel Tomanek to the position of Chief Operating Officer

Pavel Tomanek will take over the position of Chief Operating Officer as of July 01, 2021. He will replace Pavel Lokshin in this position. Mr. Tomanek has huge experience in retail management and used to lead successfully the Group's Sales Department in 2015–2018. For the past 15 years, Pavel Tomanek held top positions for large retail chains such as Tesco, Marionnaud Parfumeries and also served as Chief Operating Officer at Lenta and X5 Retail Group Karusel.

Mr. Tomanek graduated from Masaryk University (Czech Republic) and holds a degree from the Leadership Development Centre (UK).    

Appointment of Christian Morath to the position of Chief Commercial Officer

Christian Morath will take over the position of Chief Commercial Officer as of July 01, 2021. He will replace Ivan Dropuljic in this position. Christian has more than 20 years of profound international retail experience and leadership. Before joining O’KEY, Christian served as Chief commercial Officer at X5 Retail Group Karusel and REWE (Romania). He also took a position of Chief Operating Officer at Censosud S.A. (Argentina and Chile), as well as different management positions in international retailers, including Edeka Group (Germany).

Christian holds an MBA degree from the Cologne University of Applied Sciences (Germany).

Armin Burger, Chief Executive Officer of O`KEY Group, commented:

“We thank our colleagues Pavel Lokshin (COO), and Ivan Dropuljic (CCO) for their sizeable contribution to the Company's performance.”

“As head of the sales function, Pavel significantly enhanced operational excellence and productivity and established high standards of people’s performance and processes management.”

“Ivan, as head of the commercial function since 2017, has built a new professional team and streamlined commercial processes. He has created added value for our customers and optimized the assortment.”

“We are very happy to welcome our new members of the management team. They are highly experienced professionals with profound expertise in Russian and international retail markets. This expertise will strengthen the O`KEY’s team to continue delivering on the Group's strategy and enhancing the hypermarkets’ operational efficiency and profitability.”        

Appointment of Ilya Shalygin to the position of Retail Development Director

The Group also announces that the position of Retail Development Director has been taken by Ilya Shalygin. He is responsible for project management in the design and development of new store formats and roll-out of the newly implemented hypermarket concept. Ilya Shalygin has more than 20 years of experience in leading Russian retailers, including such as SPAR, METRO Cash&Carry and Lenta.