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United Company RUSAL : Rusal Chairman May Step Down, Says Report

06/26/2012| 08:46pm US/Eastern
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United Co. Rusal (0486.HK) may have to replace chairman Barry Cheung just five months after he assumed the post at the world's largest aluminum producer, Bloomberg News reported Wednesday, citing unnamed sources.

The report said Cheung could leave in August to spend more time devoted to his role as chief of the Hong Kong Mercantile Exchange, among others.

Cheung said he wouldn't comment on rumors, while a Rusal spokeswoman also declined comment, according to Bloomberg.

Full story: http://www.bloomberg.com/news/2012-06-26/rusal-said-to-face-replacing-chairman-cheung-after-five-months.html

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