Severstal North America Appoints New CFO

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DEARBORN — Severstal North America, a steel producer in the United States and a subsidiary of OAO Severstal, has named Olga Petrova as chief financial officer, and Michael Tuomey as deputy chief financial officer.

Petrova joins Severstal North America’s executive team from parent company OAO Severstal, where she was the head of the business planning and controlling department since 2011. Her previous roles included various high-level financial positions in international offices of Shell Exploration and Production, Schlumberger and PepsiCo. At SNA, Petrova will be responsible for all aspects of financial strategy, planning and reporting, as well as forecasting, budget management and cost benefit analysis.

Petrova is a graduate of Moscow Aviation Institute with a major in Computer Science and Russian Correspondent Finance-Economic Institute with a major in marketing.

Petrova succeeds Interim CFO Michael Tuomey, who is appointed Deputy Chief Financial Officer. Tuomey has been with Severstal and its predecessor companies for 28 years in various senior-level finance positions, most recently Director, Corporate Accounting and Controlling.

Tuomey holds a master’s degree in finance and accounting from the University of South Carolina, and a bachelor’s degree in Literature and Philosophy from Michigan State University.

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