MegaFon's Mehlhorn Steps Down as CFO

Kai-Uwe Mehlhorn resigns as CFO of Russian operator after two years in position

June 16, 2011

1 Min Read

MOSCOW -- JSC MegaFon announced the resignation of CFO Kai-Uwe Mehlhorn, effective June 16, 2011.

«I sincerely thank Kai-Uwe for his highly professional approach to work, devotion and commitment. He managed to create a great world-class team, able to solve problems however complicated and contributed significantly to MegaFon’s success. I’d like to wish Kai-Uwe Mehlhorn new successes in his career and interesting, ambitious projects», — said Sergei Soldatenkov, JSC MegaFon CEO.

Kai-Uwe Mehlhorn served for two years as MegaFon CFO, working on improving budget management processes, financial control and corporate reporting.

Kai-Uwe Mehlhorn studied at Martin-Luther-Universität (Halle, Germany) and in 1992 at the Moscow State Institute of International Relations in the Economics and Foreign Trade faculty. Before joining MegaFon, Kai-Uwe was with Tele 2 Russia as CFO from August 2007-January 2009. Previously, he worked for 15 years at Siemens in various divisions.

Raymond Ho, MegaFon’s finance director, is to take Mehlhorn’s place as temporary CEO.

MegaFon

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