Early Life and Education
Gennady Kozovoy was born on January 5, 1951, in Cheremkhovo, Irkutsk region, Russia. He graduated from the Cheremkhovo Mountain Technical School in 1970 and later earned a degree in Electrification and Automation of Mining Operations from the Irkutsk Polytechnic Institute in 1978. He furthered his education by obtaining a Doctor of Engineering degree.
Rise to Success
Kozovoy's career began in the coal industry. From 1978, he worked at the Raspadskaya mine, starting as an electrician and rising through the ranks to become a chief engineer. In 1991, he became the chairman of the supervisory board of Raspadskaya Ltd, and subsequently, the CEO in 1993. Under his leadership, Raspadskaya grew to become a major coking coal producer. In 2012, Kozovoy and his partners sold control of Raspadskaya to Evraz, receiving shares in return.
Key Business Strategies
Kozovoy's strategies have focused on the modernization and restructuring of coal enterprises. He led Raspadskaya through a period of growth, including preparing the company for an IPO. His ability to secure loans from foreign banks and implement long-term modernization programs were crucial for the company's success. Kozovoy also navigated the challenges of the 2010 Raspadskaya mine disaster, and he continues to adapt to market changes and external pressures.
Philanthropy
Information on specific philanthropy amounts is not readily available. However, as a leader in the coal industry, Kozovoy has been involved in initiatives related to the communities where Raspadskaya operates, including social and economic cooperation agreements with local regions.
