In May, 2010 Hotin Arkady Grigoryevich who founded Arcadia Ltd 17 years ago left a post of the CEO of the company. The Cormorant Sergey Vyacheslavovich, with 1998 managing operational activity of the company on a post of the chief executive is appointed the CEO of Arcadia. Arkady Hotin will participate in company management at the level of participation in determination of the development strategy as the major shareholder.
In fact, this event only formally fixes those changes which collected for many years growth. "When we created Arcadia, it was family business," — Arkady Hotin says. — "We had a home office, 5 employees and one client. In 17 years a lot of things changed — 160 employees, big office in business center, turnover in several million dollars, it is a lot of clients, projects... Operational management of such collective requires many forces and time, and I in soul, perhaps, more the entrepreneur, than the professional managing director. It is interesting to me to be engaged in search of new niches, partners, and let professionals be engaged in business processes and building of customer relations."
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