Alexei Mordashov
Alexey Alexandrovich Mordashov was born on September 26, 1965, in Cherepovets, a city in Russia where he spent his formative years as a citizen of the Soviet Union. His early life unfolded during a period of significant change in the country, and the industrial environment of his birthplace shaped the direction of his professional development.
Mordashov pursued his education at the Saint Petersburg State University of Engineering and Economics and was also educated at Northumbria University. Working in both Russian and English, he built a career encompassing the roles of metallurgist, manager, entrepreneur, and businessperson. He became the main shareholder and chairman of Severstal and has been described publicly as an oligarch in recognition of the scale of his business interests.
Over the course of his career, Mordashov received a wide range of state and institutional honors. Within Russia, these include the Order of Friendship, the Order of Honour, the Order of Alexander Nevsky, the Order of Holy Prince Daniel of Moscow 3rd class, the Decoration "For Beneficence," the Medal of the Order "For Merit to the Fatherland" in both its 2nd and 1st class variants, and the Russian government prize for science and technology. International recognition came in the form of the Order of Merit of the Grand Duchy of Luxembourg, the Commander of the Order of Merit of the Italian Republic, the Cross of Recognition, and the Dr. Friedrich Joseph Haass-Preis.
Mordashov remains a citizen of Russia and continues to serve as chairman and main shareholder of Severstal. The breadth of his decorations, drawn from civic, state, and ecclesiastical institutions across multiple countries, reflects the range of his activities in industry and business over several decades.
Quotes by Alexei Mordashov
In a literal sense, even a private company, of course, cannot do everything that it wants without some discussion with government. As a good corporate citizen, Severstal discussed the idea of a merger with Arcelor with the Russian government.
The U.S. has done a great job improving productivity. We're making a lot more steel in Dearborn with fewer people. The unions have accepted much better work rules.
The steel business is a local business. We do believe in the U.S. economy and would like to have a strong, balanced presence here.
When we put $4 billion into the U.S. economy, they were OK with this. When we preserved jobs in Dearborn, or preserved jobs in Columbus, or preserved jobs in Pennsylvania, everyone was happy.
Well... I graduated from the business school of Northumberland University in Newcastle.
My wealth is reflected in the price of Severstal, and the number of shares I have in my possession doesn't have any impact on the company.
Regarding our links with the Russian government, Severstal is a private company with no government participation. We are answerable to our shareholders.
