Russian retailer Lenta has announced that its non-executive director, Maxim Bakhtin, stepped down from the company's board on 2 August 2019.
Bakhtin has also resigned from the role of the deputy CEO of Severgroup - the arm responsible for retail development in the company.
He took up the position on the retailer's board in May of 2019.
Commenting on Bakhtin's exit from the company, chairman, Alexey Mordashov, said, "On behalf of the Board I would also like to personally thank Maxim Bakhtin for his contribution during the transition period starting from acquisition of Lenta by Severgroup."
Lenta is one of the largest hypermarket chains in Russia with around 245 hypermarkets in 88 cities across the country.
It also operates 131 supermarkets in Moscow, St. Petersburg, and the Siberia, Urals, and Central regions, with a total of approximately 1.5 million square-metres of selling space.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.
