Global Ports Investments PLC appoints the graduate of Presidential academy as CEO

02 September2015
Global Ports Investments PLC appoints the graduate of Presidential academy as CEO

Global Ports Investments PLC ("Global Ports", and together with its subsidiaries and joint ventures, "the Group"), (LSE ticker: GLPR) is pleased to announce the appointment of Vladislav Baumgertner, the graduate of Presidential academy, as Chief Executive Officer effective from today. He succeeds Alexander Nazarchuk who has decided to step down from the role but will continue to serve on the Board of Global Ports as a Non-Executive Director.

Vladislav Baumgertner has extensive experience of successfully developing and managing large industry-leading businesses with a strong international focus. As CEO of Uralkali, and a key member of the management team for a decade from 2003, Vladislav Baumgertner oversaw the company’s transformation into the world’s largest potash producer, as well as its listing on the Main Market of the London Stock Exchange. 

“Vladislav’ s excellent track record speaks for itself and we are delighted to have him taking up this key position at an important time for the Group,” said Tiemen Meester, Chairman of Global Ports. “There are few executives with his combination of skills in developing already strong businesses to be even stronger. Vladislav has led companies in challenging economic times as well as through important periods of growth and has always done so with an eye to creating a fitter, better positioned business. He has the right expertise and experience to strengthen our leadership team as we build on Global Ports’ position as the largest operator in the Russian container port sector.”

Mr. Meester added: “I would also like to pay tribute to Alexander for his enormous contribution to the development of Global Ports. As CEO since it was founded, Alexander assembled an impressive team – the very best in the industry - and guided the Company through a truly transformational period, culminating in the takeover of NCC in 2013, to create the undisputed industry leader it is today. Together with this team, he has significantly improved the Group’s efficiency, introduced best-in-class corporate governance standards and led Global Ports to its successful IPO on the London market in 2011. We are delighted he has accepted our invitation to remain on the Board so that we will continue to have access to his vast industry knowledge and clear vision as we take our business to new heights.” 

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