Rusagro announces appointment of new Head of Sugar business.
31.07.24Ivan Makalov was appointed General Director of Rusagro's sugar business segment effective 1 August. Previously, Ivan successfully fulfilled the duties of CFO of Sugar business and was the successor to the role of CEO of the division. Ivan will work directly under Timur Lipatov, CEO of Rusagro Group.
In his new role, Ivan will focus on the strategic objectives of the sugar business. Key objectives include supporting continuous operation of the plants for 140 days at nominal capacity, a long-term beet storage project, increasing sugar production rates, meeting strategic targets for gap and gas and strengthening the position of our business in the Russian and international markets.
Ivan joined Rusagro in April 2020 and has proven to be a highly effective manager. Prior to joining Rusagro, he held senior positions at SIBUR Holding for over nine years. He successfully managed a major M&A transaction and the merger of the company's structures.
He graduated from the Volga Region State University of Service with a degree in Economics and Business Management and Togliatti State University with a degree in Power Supply of Industrial Enterprises.
Timur Lipatov, CEO of Rusagro Group, said: "I welcome Ivan in his new role! I have always noted his sincere desire to solve complex tasks, often outside his responsibilities, and his willingness to be actively involved in the implementation of strategic and investment projects. I am confident that Ivan's personal qualities, his energy and professional experience will help bring all the important plans of the company to life.
I would like to thank Sergey Goryachev for creating and implementing the gap reduction programme and launching the land swap carousel project. Under his leadership, the company launched the 140 Days programme. He has always been a reliable partner for all business leaders, and a person who can be relied on in any situation. We at Rusagro will always be happy if Sergey decides to return to a role that suits him".
Dmitry Laburtsev, General Director of Rusagro's agricultural business segment: "On behalf of the entire agricultural business segment, I would like to thank Sergey Goryachev for our work together. Over the years of co-operation, our businesses have established strong ties and reliable business relations, as well as efficient production processes. I am confident that the traditions of such a fruitful tandem will be continued.