Owners and management
The controlling shareholder of M.Video "with a share of 53.633 % through a number of companies, including MKOO "Erikaria" is the ex-CEO of the company Bilan Uzhakhov.[5] 15.0% of the shares belong to Media Saturn Holding GMBH, which received this share as part of the acquisition of the company "M.Video-Eldorado " of the MediaMarkt chain of Russian stores. 24.2 % of shares are in free circulation for a year (stock ticker MVID on the Moscow Exchange), 13.5% of which were sold as part of the secondary share placement procedure in March 2021.
In early November 2007, the company's IPO was completed, during which the owners sold its shares in the amount of $364.875 million. The retailer's capitalization following the placement totaled $1.25 billion. As of the end of August 2021, the capitalization of PJSC " MVideo " is 113.5 billion rubles ($1.5 billion).
In May 2017, Mikhail Gutseriev's Safmar Group bought a 57.7 % stake in M.Video" from its founders. In 2019, 73.5% of the shares were owned directly by Said Gutseriev, in 2020, 10% of the shares passed under the control of his holding "EsEfAi", which was separated from the Safmar group. On July 24, 2024, the General Director of PJSC "M" became the majority shareholder of the retailer.Video", Mikhail Gutseriev's nephew Bilan Uzhakhov.
In March 2016, the former president of Svyaznoy, Michael Touch, was appointed to the position of Chief Executive Officer (CEO) of M. Video, reporting directly to Alexander Tynkovan. On August 9, 2016, Michael Touch left the company, and Enrique Fernandez, who had previously served as M's Commercial Director for 7 years, took over as CEO.Video". In September 2020, CEO of the M Group.Video-El Dorado " announced Alexander Izosimov. In January 2022, Enrique Fernandez returned to his former position, and Alexander Izosimov retained the status of a minority shareholder of the company.
In April 2025, Ekaterina Yarina will be appointed Chief Financial Officer of M.Video-El Dorado". Anna Garmanova, who previously held the position of CFO, left the M team.Video-El Dorado" after three years of work in the company. As CFO, Ekaterina Yarina will be responsible for managing all financial activities of the company, including strategic and operational planning, monitoring financial flows, reporting, as well as implementing anti-crisis and transformational initiatives in the financial sector.
