Moscow, Russia - May 20, 2013, Moscow, Russia - R.G.I. International, a developer of residential and commercial properties, announces that Alan Hibbert, CFO and Yoram Evan, director and CEO of Tsvetnoy Central Market, will be leaving the company and the board, effective May 31, 2013.
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Mr. Hibbert, a qualified Chartered Management Accountant, joined RGI at the beginning of February 2011 as Chief Financial Officer and was appointed to the Board as Finance Director on June 24, 2011. He is a highly experienced international business executive. In addition to working for major multi-nationals, both in the UK and the Middle East, such as Unilever, Kingfisher and Bunge he has spent much of the past twelve years working in Eastern Europe, mainly in Russia, guiding three different businesses to significant growth.
Mr. Hibbert was CFO of the publicly listed drinks/brewing business Sun Interbrew where he was a part of a dynamic management team that delivered substantial increases in shareholder value prior to the company’s buy out by Interbrew. While in the four years directly prior to joining RGI he was CFO of the fast expanding Russian retailer Gloria Jeans.
Mr. Evan has been Vice President of Operations and Finance at Netgrocer since January 1999. Mr. Evan served as the Chief Financial Officer of RGI International Limited from April 3, 2008 to June 27, 2011. From December 1997 to December 1998, he served as the Chief Financial Officer of American Value Brands, Inc. From April 1996 to September 1997, he served as Managing Partner of two investment funds in Israel, which he founded.
Over the years, he has held various high-profile positions including his latest tenure as Chief Executive Officer of USA Detergents Inc. Prior to USA Detergents Inc., Mr. Evan served as the Chief Financial Officer and Vice President of Operations at nXpansion and Managing Partner of Newton Investments Ltd.
Prior to his vast professional career, Mr. Evan served in the Israeli Army as a Major, Lieutenant and Deputy Commander of the Special Paratroopers' battalion and Special Infantry Unit. From March 1992 to April 1996, Mr. Evan served as Senior Economist at the Israeli Government's Ministry of Finance Budget Department. He has been Director of Netgrocer since July 1997. He serves as a Director of InterCure Ltd. ■