Aleksandr Frolov (businessman)

This article is about the businessman. For the ice hockey player, see Alexander Frolov.
Aleksandr Frolov
Born17 May 1964
OccupationCEO of Evraz (2007-2021)
Websitewww.evraz.com

Aleksandr Vladimirovich Frolov (Russian: Александр Владимирович Фролов) (born 17 May 1964) was the CEO of Evraz in 2007-2021, one of the largest steel producers. Since 2013, the company’s coal subsidiaries, consolidated under PJSC Raspadskaya in 2020, made it the largest Russian producer of coking coal.[1][2]

Career

Frolov graduated with honors from the Department of Molecular and Chemical Physics of the Moscow Institute of Physics and Technology in 1987.[3] He received his Ph.D. in physics and mathematics from the same institute in 1991. Frolov worked at the Kurchatov Institute of Atomic Energy in Moscow. In 1994 he became an entrepreneur. From 2007 till September 2021 he was the CEO of Evraz (LSE: EVR). Frolov’s partner, Alexander Abramov, was the Chairman of EVRAZ.[4] Both of them resigned from EVRAZ Board of directors in March 2022.[5]

Sanctions

Sanctioned by the UK government in 2022 in relation to Russo-Ukrainian War. [6]

Net worth

According to Forbes list of billionaires, he has a net worth of $2.6 billion as of August 2022. He ranks 1341st on Forbes’ List of Billionaires in 2022.[4]

Personal life

Frolov is married and has one child.[4]

See also

Notes

  1. ^ "CEO SUCCESSION PLAN".
  2. ^ "Consolidation of coal businesses under Raspadskaya".
  3. ^ DMCP graduates. Class of 1987
  4. ^ a b c "The World's Billionaires: Alexander Frolov". Forbes. 17 March 2015. Retrieved 2015-03-17.
  5. ^ "Evraz directors quit in wake of UK sanctions".
  6. ^ "CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK" (PDF). Retrieved 16 April 2023.