The media learned of the impending resignation of the head of “National media group”

General Director of “National Media Group” (NMG) Alexander Ordzhonikidze

The General Director of one of the largest media companies of Russia “national Media Group” (NMG) Alexander Ordzhonikidze intends to leave his post, reports TASS citing an informed source.

As clarified the Agency interlocutor, in the place of Ordzhonikidze, who runs CGM since 2009, can be assigned to Olga pascin, head of Discovery Networks in North-Eastern Europe. The source said that these personnel decisions had yet to approve the Board of Directors of the company.

The shareholders of “National Media Group” are structures of Bank “Russia” Yury Kovalchuk, “Surgutneftegaz” and Alexei Mordashov. MWF are in the Fifth channel (the group owns 72,4%), channel one (25%), REN TV (68%), Izvestia (73,2%) and radio station “Russian news service” (100%). The group has also been running newspaper “Metro-Petersburg” in St. Petersburg. In March 2014, NMG repurchased 50% of the share capital of “Art pictures vision”, part of the group of companies “Art pictures”.