Russian Oil Giant Yukos with New Chief

World | November 4, 2003, Tuesday // 00:00

Russia's largest oil producer Yukos chose as its new chief executive a Russian-born American, who insisted the embattled firm would survive the arrest and jailing of its founder Mikhail Khodorkovsky. Simon Kukes, appointed to replace Khodorkovsky after his resignation from his jail cell on Monday, said Yukos had to draw a dividing line between the company and the billionaire tycoon. Kukes will head the board of YukosSibneft, whose creation is due to be finalized at a shareholders' meeting in late November.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

World » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria