Russneft 's announced that senior vice president for production Yevgeny Tolochek has become the company's new president. He will replace Oleg Gordeyev who had been company president since February 2015 and whose mandate was terminated early. Tolochek previously held various positions at some of Gutseriyev's companies as Deputy General Director for Production (2006-2007) and General Director (2007-2014) at Samarainvestneft and as Deputy General Director for Production at Neftis (2014-2015). In June 2015 he was appointed as Russneft's Vice President for Production and Geology.