M. Video-Cadorado confirmed that the position of general director of the group as of February 21 will be occupied by former Natura Chief Siberica Felix Lib. Previously, which Lib will replace Bilan Gorokhov in this publication, RBC sources said.

M. Video-Cadorado announced the appointment of a new general director
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“M. Video-Cadorado informs about the decision of the Board of Directors of PJSC M. Bilan de Tsurnov, who previously held the position of general director and is a controlling person of the company, is concentrated in the work in the Council of Directors of PJSC M. Video and strategic planning of the group, ”said the company.

According to Liba, “in the current macroeconomic situation” will focus on “an additional increase in efficiency, customer service development and the implementation of a long -term strategy to build a market share and improve financial indicators.”

The change of the general director was previously informed by RBC sources.

Professional career. Lib in 2012–2021 was the executive director and executive vice president of AFK System, and in 2022–2024-General Director of Natura Siberica. Tookhov assumed the position of General Director of M. Video-Cadorado in 2022. Before this, the main manager was a member of the Board of Directors of M. Video and Eldorado Networks, and in 2017-2020 he was the general director of PJSC M. Video.

News history. The change of the chief of M. Video-Cadorado takes place in the context of the reports on the sale of the company. At the end of January, Vdomosi’s sources said the group’s owners are negotiating for sale with one of the banks. According to one of the interlocutors, M. Video-Cadorado has already made an audit and discusses the agreement with Promsvyazbank. The company declared that no rumors were commented.

  • The income of MVM LLC (M. The main legal entity of video-elder) in 2023 amounted to 433 billion rubles with a clean loss of 7.5 billion rubles, is deduced from the Spark-Interfax data. The company began to demonstrate losses in 2022.

  • For three quarters of last year, group sales increased by 8% of the year, to 387 billion rubles. According to the results of the first half of the 2024, the net debt of M. Video-Cadorado amounted to 79.3 billion rubles. The company’s website says it has more than 1.2 thousand stores in 373 cities in Russia.

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Author:

Bogdan Muzychenko

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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