Alexander Mikheev was appointed CEO of Russian Helicopters Holding Company (part of Oboronprom Corporation). Previously he was a Deputy Director General of Rosoboronexport. The decision was taken by the Board of Directors of Russian Helicopters on September 24th 2013. The former CEO of the company, Dmitry Petrov, will continue to work in Rostech State Corporation or one of its subsidiaries, the holding’s press-service reports.
«The primary objectives of the new leadership team are: strengthening the company’s positions at the global market and increasing the production profitability, - CEO of Rostech, Sergey Chemezov, said. – The holding’s development strategy for the period until 2020 assumes increase of its share at the global market from 14% to 18-20% by means of expanding its presence at the market of CIS Region, China, India, Middle East, Africa and Latin America».
«The holding’s financial performance confirms its sustainable development: the output and the order backlog are both increasing. At present the company is entering a new stage of its development. We must continue the expansion of our product line, especially in terms of civil helicopters segment. I am sure that Mr. Mikheev will continue to develop this industry», - Chairman of the Board of Directors of Russian Helicopters, Deputy Director General of Rostech, Vladimir Artyakov, noted.
According to the company’s plans the output should reach 470 helicopters per year and the revenues should amount to 240 billion rubles by 2020.
«Our company is one of the leaders of the global helicopter industry, - Alexander Mikheev said. – The holding demonstrated the best results in terms of helicopter deliveries in 2012. We will expand our product offering in the segment of light helicopters and focus on development of our service network thus increasing the share of aftersales service in the company’s total revenues».
Alexander Mikheev was born in 1961. He graduated from Moscow State University of Civil Aviation in 1985 (specialty: aircraft operation). In 2005 he took a degree of Candidate of Economic Sciences at the Military Academy of the General Staff of the Russian Armed Forces. In 2006 he graduated from Financial University under the Government of RF. In 2008 he was appointed Deputy Director General of Rosoboronexport and he also was a member of the Board of Directors of Russian Helicopters. He was awarded with the Medal of the Order of Merit to the Fatherland (2nd class) and the Order of Honor.
The contract of Dmitry Petrov, the former CEO of the company (appointed in 2010), expires on September 27th 2013. He will remain the member of the Board of Directors of Russian Helicopters and will continue supervising the issues related to development of the Russian helicopter industry.