Management Board
The Management Board of X5 Retail Group N.V. currently consists of three members:
Lev Khasis, Chief Executive Officer and Chairman of the Management Board
Lev Khasis, a Russian citizen, is the former Chairman of the Perekrestok Supervisory Board and a founding member of Investment Company Fosbourne, which invests in various businesses, including retail businesses in Russia. In addition to his activities at Perekrestok, Mr. Khasis previously held a number of senior board and management positions including Chairman of the Board of OJSC “Trade House GUM”, Chairman of the Board of OJSC “Trade House TsUM” and Chief Executive Officer of OJSC Samara Trading House. Mr. Khasis is a recognized business leader in Russia and has received a number of public awards including 2004 Businessman of the Year and 2003 Person of the Year – in the nomination Head of Retail Business. For two consecutive years, in 2007 and in 2008, he was ranked Number 1 Retail Manager in a ranking by the National Association of Managers and Kommersant Publishing House.
Since February 2008 Mr. Khasis serves as the Chairman of the Russian Association of Companies of Retail Trade (ACORT).
Mr. Khasis graduated from the Aircraft Construction Faculty of the Samara Aircraft University, from the Banking Faculty of the Financial Academy of the Government of the Russian Federation and from the Law Faculty of the University of the Interior Ministry of the Russian Federation and holds a PhD in Economics, a PhD in Law and a PhD in Technology.
Evgeny Kornilov, Chief Financial Officer
Evgeny Kornilov, a Russian citizen, was appointed Chief Financial Officer of X5 on 18 January 2008. Mr. Kornilov was initially appointed as the Chief Financial Officer of Perekrestok in August 2006 and became the Deputy Chief Financial Officer of X5 in 2007. Prior to joining X5, Mr. Kornilov was the Chief Financial Officer and Chief Controller of SUN Interbrew in Russia and worked in the Management Consultancy and Audit Services practice of PricewaterhouseCoopers in Russia between 1992 and 1999. Mr. Kornilov graduated from the Moscow Foreign Affairs University with a degree in Economics, International Trade and Foreign Languages.
Frank Lhoёst, Company Secretary
Frank Lhoëst, a Dutch citizen, was appointed a Director B and Company Secretary of X5 on 5 November 2007. Since 1991, Mr. Lhoëst has held several positions at Fortis Intertrust, from account manager in The Netherlands Antilles to founder and director of the Fortis Intertrust office in Vienna, Austria. In 2002, Mr. Lhoëst established the Intellectual Property Group of Fortis Intertrust in The Netherlands. Mr. Lhoëst graduated from the Leiden University with a degree in Law.