My favorite section: news from a feudal state.
Mikhail Pogosyan Hired His Son The son of United Aircraft Corporation (UAC) president Mikhail Pogosyan, 27-year-old Artyom, has been appointed senior vice president for economics and finance at the state company's “granddaughter” subsidiary, Sukhoi Civil Aircraft (SCAC). A source close to SCAC told Vedomosti this, and representatives of UAC and SCAC confirmed it. The appointment took place on March 18, the source said. Pogosyan was chosen as the most “competent manager for addressing the financial and economic tasks facing SCAC,” a company representative explained. The new top manager is already taking part in negotiations with counterparties and has made the impression of being “a sensible specialist,” added an employee of one of SCAC’s partners. As is often the case with the children of famous parents, Artyom Pogosyan’s career developed rapidly. He graduated from the Higher School of Economics, and in 2011 defended his dissertation for the degree of Candidate of Technical Sciences (roughly equivalent to a PhD) at the Moscow Aviation Institute (MAI). Artyom Pogosyan has worked at SCAC since 2005, a company representative said. Over several years he rose to director of operational analysis and economic control, and last year he was appointed deputy senior vice president for economics and finance. ... Artur Shamilov, chairman of the recruitment agency Top Contact, estimated compensation for top managers at Artyom Pogosyan’s level in state-owned companies at about $300,000 a year. http://www.vedomosti.ru/career/news/10524121/pogosyan_privel_syna The Sukhoi Superjet, into whose development unimaginable sums were poured, doesn’t fly especially well and spends more and more time sitting on the tarmac, but at least the boss’s son has a job. He’s 27, and already “chosen as the most competent manager.” They’ve all made themselves very comfortable there.
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