Evraz board quits after UK Abramovich sanction, share suspension
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Russian steelmaker Evraz said 10 members of its board had quit following the UK sanction of its largest shareholder Roman Abramovich and the suspension of its shares.
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Only chief executive Alexey Ivanov remains in post. Evraz added that it was waiting for further clarifications from the Office of Financial Sanctions Implementation.
All 10 non-executive directors - Alexander Abramov, Alexander Frolov, Alexander Izosimov, Deborah Gudgeon, Eugene Shvidler, Eugene Tenenbaum, Karl Gruber, Maria Gordon, Sir Michael Peat and Stephen Odell - have resigned with immediate effect.