Oligarch has 29% stake in steel and mining group, which ‘is deeply concerned’ by Russia-Ukraine war
The 10-strong board of directors of Evraz, the steel and mining group in which Roman Abramovich controls a 29% stake, have resigned after sanctions were imposed on the Russian oligarch and shares in the company were suspended.
On Friday, the company said its 10 remaining non-executive directors – which include the former Ford executive Stephen Odell and Sir Michael Peat, a former private secretary to Prince Charles and whose family name is the p in KPMG – have now all resigned.