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The Head of General Electric to Join the Board of Directors of RAO UES
14.07.2011 23:37
The Head of General Electric to Join the Board of Directors of RAO UES

Russian state-controlled power exporter is going to appoint Jeffrey Immelt, General Electric Co. Chief Executive, to its board.

      Jeffrey Immelt will join the board of the company as an independent director till the end of the summer. He will replace the head of the Federal Property Yuri Petrov.

      According to the report of an equity analyst at Metropol IFC Konstantin Reyli, posted in Bloomberg, “The election of Jeff Immelt as an independent director should trigger positive sentiment in the market".



Author: Ksenia Dzhalagonia

Tags: Russian companies Russian business    

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