Rambler Media changes leadership

    Rambler Media announced a reshuffle in the company's top management. Mark Opumer is appointed CEO of Rambler Media. Arthur Hakobyan took over as CFO.

    The appointment of Mark Opzumer as CEO is a natural step in the development of Rambler Media after an initial public offering (IPO) in July 2005, the company said.
    Mark Ozumer, 49, an expert in the field of Internet, communications and media, has been a member of the Board of Directors of Rambler Media since 2005. Mr. Opzumer has 24 years of experience in management and investment. From July 2001 to December 2003, he was the Managing Director and Vice President of YAHOO! Europe, engaged in the development of the company, in particular, the service component. To work in the European branch of YAHOO! Mr. Opzumer was the Deputy General Director of the publishing company Hodder Headline plc, and before that, Commercial and Financial Director of Virgin Communications Ltd. Since 2003, Mr. Opzumer has been a consultant and independent director on the boards of directors of several companies, including Newbay Software Limited since June 2004, Oxigen II Limited since July 2004, Web Reservations International Ltd since March 2006, MIVA Inc since August 2006, and Entertainment One Ltd since February 2006. In addition, Mark Ozumer has been Chairman of the Audit Committee of Autonomy Corporation plc from October 2003 to October 2004, and Chairman of the Audit Committee and Independent Director of Rambler Media since 2005. Mr. Opzumer is one of the founders and director of Bond Capital Partners Ltd, which specializes in providing structured finance for European mid-cap companies. Mark Opzumer is a qualified financier with an MBA from the IMD Business School in Lausanne. Mr. Opzumer is a citizen of the United Kingdom and Canada. and Chairman of the Audit Committee and Independent Director of Rambler Media since 2005. Mr. Opzumer is one of the founders and director of Bond Capital Partners Ltd, which specializes in providing structured finance for European mid-cap companies. Mark Opzumer is a qualified financier with an MBA from the IMD Business School in Lausanne. Mr. Opzumer is a citizen of the United Kingdom and Canada. and Chairman of the Audit Committee and Independent Director of Rambler Media since 2005. Mr. Opzumer is one of the founders and director of Bond Capital Partners Ltd, which specializes in providing structured finance for European mid-cap companies. Mark Opzumer is a qualified financier with an MBA from the IMD Business School in Lausanne. Mr. Opzumer is a citizen of the United Kingdom and Canada.
    The previous CEO, Irina Hoffman, joined Rambler Media in 2004. Under her leadership, the company made an initial public offering on the London Stock Exchange. Starting today, Irina Hoffman will join the Board of Directors of the company as an independent director, and upon completion of the transition period, Irina Hoffman will depart from Rambler Media operations management.
    Arthur Hakobyan, 33, joined the Syntrra group of companies, the largest Russian telecommunications operator and Internet provider, where he served as financial director and vice president of corporate finance since August 2005. Arthur Hakobyan was responsible for all aspects of financial management, including the implementation of several significant acquisitions and acquisitions, business restructuring and the implementation of IFRS. Prior to joining Synterra, he served as CFO at PeterStar CJSC, a leading alternative telecommunications operator in St. Petersburg, from 2001 to 2005. Previously, Hakobyan was also the Regional CFO at Metromedia International Telecommunications, Inc. from 1997 to 2001.
    Previous CFO James Mullins leaves the company and the Board of Directors of Rambler Media.

    Rambler Media is one of the largest diversified Internet companies in Russia, developing various projects - in particular, information and entertainment resources, a search engine, an email service and a wide range of online services.

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