Public Joint Stock Company MegaFon announced that at a General Shareholders Meeting held on 13 November 2018, the shareholders of MegaFon approved the recommendation of the Board of Directors that Gevork Vermishyan be appointed as the company's Chief Executive Officer. The appointment is for a three-year term. Mr. Vermishian replaces Mr. Sergey Soldatenkov, who announced in October 2018 that he was stepping down as CEO.