Biography:
Yevgeny Mikhailov is the youngest son of Igor Babaev. He was born in 1982. In 2004 Mikhailov graduated from the University of California in Los Angeles with a major in corporate economics.
In 2001 he was assistant vice-president of the American telecommunications company aTelo, Inc. headquartered in Washington D.C.
In 2002 he worked as a financial analyst with Morgan Stanley
Since 2004 he was a member of the board of directors and served as first deputy CEO of APK Mikhailovsky.
According to Finance magazine, he ranked 284th in the list of 500 richest people in Russia, his personal assets worth 0.37 billion dollars.
Source: Cherkizovo
Dossier:
Having graduated from an American university, in 2004Yevgeny Mikhailov returned home to Russia. At the same time his father decided to give over to each of his sons a 25% stake in the parent company. "He said that it would help us understand what we worked for,” said Yevgeny Mikhailov. “We always had a minimum share and it was obvious that the family company was part of our lives. But this package has become a lure for us. "
Source: Forbes, July 2007
Giving Cherkizovo over to his sons, Igor Babaev devoted himself to the development of other businesses. However, he retained one important function in the core business, namely communication with officials. “I am the ideologue in contacts with the governors. My mentality is closer to them,” says Babaev when naming his objectives. “You just can not do without connections!” Indeed, the office of Cherkizovo meat processing plant is decorated with photographs of Babaev next to Luzhkov, Yeltsin, and Putin. It was Babaev who urged Minister of Agriculture Aleksey Gordeyev to build new pig housing, because the old facilities were in poor condition. He also persuaded the governor of Lipetsk region to provide a huge pig plant with gas, electricity, and access roads. So he still spends 180 days a year in business trips.
Source: Forbes, July 2007
Igor Babaev minimized the risk of conflict between the brothers. Sergey became head of Cherkizovo Group, the main asset of the family, engaged in meat processing. And Yevgeny is responsible for raw materials including supply of pork and poultry. Thus, on the one hand, children can be formally considered as equal partners of their father, and on the other hand, it is still Igor Babaev who controls the business.
Source: sfera.fm, May 6, 2011