M.Video co-owner Pavel Breyev will be heading the company's operations subsidiary, M.Video Management LLC. The board of directors at Opened Joint-Stock company M.video nominated Breyev for the post at a March 13 meeting. He will assume his duties after the making of the corresponding decisions at the operations company.

The board also decided to end Breyev's authority as M.Video Company general director as of April 1 and to install in his place the retailer's President and co-owner Alexander Tynkovan. As the general director of M.Video Management, Breyev will be charting key directions for the operations company's activities, including future expansion and strategic development. He will retain his current duties as development director at M.Video.