OREANDA-NEWS. December 25, 2014. CTC Media Inc. (“CTC Media” or the “Company”) (NASDAQ: CTCM), a leading Russian independent media company, today announced the appointment of Stanislav Ploschenko as the Company’s new Chief Financial Officer, effective January 24, 2015. Mr. Ploschenko will also serve as an advisor to the Company’s CEO on financial matters until he takes office as CFO.

Yuliana Slashcheva, Chief Executive Officer of CTC Media, said, “I am delighted to welcome Stanislav to the CTC Media team and am confident that his deep experience working for major public and private companies will benefit and strengthen our management team. I would also like to thank Nikolay Surikov for his contributions to the Company during his tenure and wish him well in his new endeavor”.

As Chief Financial Officer, Mr. Ploschenko will be responsible for planning and overseeing the Company’s financial strategy and accounting as well as managing its relationships with banking and other financial services partners.

Stanislav Ploschenko said, “I am very excited to join the strong and accomplished team at CTC Media and am looking forward to leveraging my experience to support the Company and its shareholders”.

Nikolay Surikov, who is currently Chief Financial Officer of CTC Media, will be in office through January 23, 2015. Mr. Surikov is resigning to pursue another opportunity to be announced in the near future.