01.09.2022 Fortum

The head of Fortum’s Russia division, Alexander Chuvaev, and Fortum have agreed that he will  step down from his position at the company’s Executive Management Team as of 1 September 2022. Alexander Chuvaev has been a member of Fortum’s Executive Management since 2009. However, Mr Chuvaev continues in his position as the Head of the Russia division and still reports to Fortum’s President and CEO, Markus Rauramo.

In May Fortum announced that it will pursue a controlled exit from Russia with a divestment as a preferred path. This process is ongoing.  

Fortum Corporation

Ingela Ulfves
Vice President, Investor relations and Financial Communications