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Chief operating officer of Ukraine agribusiness group Kernel steps down- sources
November 20, 2017 / 12:48 PM / 22 days ago

Chief operating officer of Ukraine agribusiness group Kernel steps down- sources

KIEV, Nov 20 (Reuters) - Kostiantyn Lytvynskyi, chief operating officer and head of trading of Kernel, Ukraine’s largest grains and oilseed producer and the world’s top sunflower oil exporter, has left the company, two sources close to the matter said.

Kernel was not immediately available to comment.

A filing available on Kernel’s website shows the company plans to propose at its general assembly on Dec. 11 to acknowledge the termination of Lytvynskyi’s mandate as director of the board of directors.

Lytvynskyi was also responsible for logistics.

The Warsaw-listed company appointed Yevgen Osypov as chief executive officer last month to run day-to-day operations and be responsible for the execution of strategy. Andriy Verevskyy remains chairman of the board steering the policy, strategy and further development of the company.

Kernel says it accounted for around 9 percent of total grain exports from Ukraine and 3 percent of Russia’s in 2016/2017, making it the leading grain exporter from the Black Sea region. (Reporting by Pavel Polityuk, Sybille de La Hamaide in Paris and Jonathan Saul in London. Editing by Jane Merriman)

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