Elena Myasnikova, CEO of Sanoma Independent Media in Russia, has decided to leave the company to pursue new challenges.

Myasnikova was appointed CEO of Sanoma Independent Media in 2007. She is also Chairman of its Board of Directors. Sanoma Independent Media is one of the leading media companies in Russia and mostly known for its glossy magazines like Cosmopolitan. The company is part of Sanoma Media Russia & CEE, one of Sanoma's Strategic Business Units.

Sanoma regrets Elena Myasnikova’s decision to leave the company. Harri-Pekka Kaukonen, President & CEO of Sanoma, comments: "Under her leadership, Sanoma Independent Media has strongly developed its market leadership in the glossy magazine segment in Russia. I would like to express our sincere thanks for her dedication over the past years, and wish her all the best in the future."

"In Russia, we have a very talented and strong leadership team in place," adds Heike Rosener, CEO of Sanoma Media Russia & CEE. "Together with our strong international partners they will grow the business further and transform it securely into the quickly emerging digital world."

Sanoma is currently searching for a successor to replace Elena Myasnikova.

Additional information:
Robin Janszen, Vice President, Communications, Sanoma
tel. +31 20 851 2126 or communications@sanoma.com

Sanoma Media Russia & CEE is part of Sanoma and responsible for the activities of Sanoma's media in Central, East and South East Europe. It has leading market positions in Bulgaria, Hungary, Romania and Russia. Sanoma is a strong European group operating in diverse fields of media and learning in some 20 countries.