26th Mar 2009 17:32
FOR IMMEDIATE RELEASE 26 March 2009
RAMBLER TO APPOINT OLGA TURISCHEVA AS
CHIEF EXECUTIVE OFFICER
Rambler Media Ltd. ("Rambler" or the "Company"), which operates one of Russia's most popular internet brands, announces its intention to appoint Mrs. Olga Turischeva as Rambler's new Chief Executive Officer ("CEO"). Mrs. Turischeva has accepted to take on this role and it is expected that she will become Rambler's new CEO upon completion of customary administrative procedures. Mrs. Turischeva will also become an Executive Director on Rambler's Board. The Company expects to finalize Olga's appointment as CEO and Executive Director during April, at which time a further announcement will be made.
Olga Turischeva joins Rambler from the VimpelCom Group, one of Russia's largest telecommunications operators listed on the New York Stock Exchange, where she served as Marketing Director from 2001 to 2007 and contributed to the successful relaunch of the "Beeline" brand in 2005. In July 2007, VimpelCom appointed Olga as Director for Venture Business Development. Prior to VimpelCom, Olga was Marketing Director at CJSC "BSH Consumer Electronics", the Russian Division of Bosch und Siemens Hausgeraete. Previously, Olga held the positions of Brand Manager, Sales and Marketing Coordinator in Eastern Europe and Marketing Manager in the CIS and Baltic countries at Merloni Elettrodomestici S.p.A.'s representative office between 1995 and 1998. Olga is a renowned marketing professional in Russia and has won multiple marketing awards including from 'The Company' business magazine in 2002 and the 'Secret Firmy' business magazine in 2006.
Olga Turischeva graduated from the Lomonosov Moscow State University with degree in economics in 1994. She is also a graduate of Institute for USA and Canadian Studies of the Russian Academy of Sciences.
Julia Solovieva, Rambler Media's Chairperson, commented: "We are delighted to extend an offer to Olga Turischeva to join Rambler. We are confident that her management skills, her professional experience at high profile companies and her understanding of the Russian market would take Rambler to the next stage of its development and distinguish Rambler from its competitors in the current challenging market conditions. Her role would be to strengthen Rambler's brand, strategy and position in the Russian internet market in order to generate further growth and create shareholder value."
Olga Turischeva, Rambler's new CEO-designate, commented: "For me the name Rambler has always been tightly linked with the beginning of the Russian internet era, so I am excited to be invited to lead the company. I believe that Rambler meets every requirement to be Russia's favourite internet destination for media and entertainment and upon confirmation as CEO, reaching this position will be my priority. I'm convinced that by achieving a deeper understanding of our users we will offer them the best services and thus benefit from the long-term prospects in the internet market in Russia."
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For further information, please visit www.ramblermedia.com or contact:
| Rambler Media | Shared Value Limited | |||
| Konstantin Vorontsov | Nicolas Duperrier | |||
| Marina Anisimova | Tel. +44 (0) 20 7321 5010 | |||
| Tel. +7 495 745 3619 | ||||
| ING Wholesale Banking | ||||
| Daniel Friedman | ||||
| Tel. +44 (0) 20 7767 1000 |
ABOUT RAMBLER MEDIA
Rambler Media is an internet media and services group which operates or has interests in leading Russian language internet brands including the Russian internet homepage and search engine 'Rambler.ru', on-line newspaper 'Lenta.ru', product comparison website 'Price.ru', internet catalogue and navigation system 'Top 100', instant messaging service 'Rambler-ICQ', digital advertising agency 'Index20' and contextual advertising company 'Begun'. Rambler Media's shares are traded on AIM, the junior market of the London Stock Exchange under the symbol 'RMG'.
For more information on Rambler Media, visit our corporate website at www.ramblermedia.com.
Copyright Business Wire 2009
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