Rusal Names New Chairman

Reuters reported Rusal has appointed a new chairman after Viktor Vekselberg quite earlier in the week.

As quoted in the market news:

The shareholder dispute revolves around Deripaska’s refusal over the past year to sell a strategic stake in Arctic miner Norilsk Nickel (GMKN.MM) in a deal that could have cleared RUSAL’s $11 billion debt burden at a stroke.

Click here to read the full Reuters report.