X5 Group Executive and Leadership Team

October, 2026

Leadership Overview

X5 Group has 8 executives leading key functions including corporate strategy, technology infrastructure, marketing communications, financial planning, administrative support, media operations, logistics finance, and food court management.

Focused on expanding retail reach across Russia, X5 Group delivers essential grocery products through diverse formats like Pyaterochka and Perekrestok while maintaining a commitment to operational excellence and consumer value.

Leadership Roles at X5 Group

  • Chief Executive Officer - Elena Chemulova
  • PA To Chief Executive Officer - Natalia Orekhova
  • Group Chief Financial Officer - Sergey Luk
  • Chief Financial Officer, 5post (X5 Group) - Alexey Taldykin
  • Chief Financial Officer, BU Food Court - Olesya Redina
  • Chief Technology Officer - Alexander Kondratenko
  • Chief Marketing Officer - Mikhail Yartsev
  • Chief Marketing Officer, At X5 Media - Maxim Silaenkov
  • Elena Chemulova - Chief Executive Officer

    Elena Chemulova, the Chief Executive Officer at X5 Group, directs the overarching corporate strategy for the entire retail conglomerate. Overseeing the integration of diverse retail formats including Pyaterochka and Perekrestok, the Chief Executive Officer ensures consistent growth across the Russian market. This leadership role involves constant collaboration with the Board to refine long-term expansion goals and operational efficiency. By monitoring macro-level performance metrics, Elena Chemulova drives the company toward sustained market dominance in the grocery sector. Chemulova maintains alignment between various business units to optimize supply chain logistics and consumer engagement. Through rigorous oversight of organizational health, the Chief Executive Officer secures the competitive positioning of the firm. Ultimately, Chemulova fosters a culture of innovation that supports the evolving needs of the retail landscape while maintaining strict adherence to corporate governance standards and financial performance targets.

    Natalia Orekhova - PA To Chief Executive Officer

    Natalia Orekhova, the PA To Chief Executive Officer at X5 Group, coordinates the executive workflow and administrative priorities for the company's top leadership. Managing the schedule and communication flow for the Chief Executive Officer, the PA To Chief Executive Officer ensures that critical business matters receive immediate attention. This role involves facilitating meetings between the executive team and external stakeholders to streamline decision-making processes. Natalia Orekhova drives organizational efficiency by filtering information and prioritizing tasks that impact the strategic direction of the retail conglomerate. By maintaining a high level of confidentiality and professional standards, the PA To Chief Executive Officer supports the smooth operation of the corporate center. Orekhova manages complex logistics and documentation to ensure that the executive office functions without interruption. Through meticulous attention to detail, Orekhova enables the leadership team to focus on high-level growth initiatives and operational oversight.

    Sergey Luk - Group Chief Financial Officer

    Sergey Luk, the Group Chief Financial Officer at X5 Group, manages the fiscal health and capital allocation for the entire retail conglomerate. Overseeing financial reporting, budgeting, and investor relations, the Group Chief Financial Officer ensures transparency and accuracy in all monetary operations. This role involves coordinating with the Board to evaluate investment opportunities and manage the company's debt structure. Sergey Luk drives financial discipline across all retail formats, including the hypermarket and convenience store divisions. By monitoring cash flow and profitability metrics, the Group Chief Financial Officer provides the necessary insights for strategic decision-making. Luk facilitates the alignment of financial resources with long-term growth objectives to maximize shareholder value. Through rigorous risk assessment and fiscal planning, Luk secures the financial stability of the organization. Ultimately, Luk maintains the integrity of the company's balance sheet while supporting the expansion of retail operations across the region.

    Alexey Taldykin - Chief Financial Officer, 5post (X5 Group)

    Alexey Taldykin, the Chief Financial Officer, 5post (X5 Group) at X5 Group, manages the financial operations and logistics accounting for the 5post delivery service. Overseeing cost structures and revenue tracking for the parcel delivery network, the Chief Financial Officer, 5post (X5 Group) ensures that the logistics unit remains profitable and efficient. This role involves analyzing delivery performance metrics to optimize operational spending and resource allocation. Alexey Taldykin drives financial planning for the expansion of the delivery network across the retail footprint. By coordinating with the broader finance team, the Chief Financial Officer, 5post (X5 Group) ensures that the logistics unit adheres to corporate financial standards. Taldykin monitors the fiscal impact of delivery operations on the company's overall bottom line. Through precise financial oversight, Taldykin supports the growth of the delivery service, ensuring that logistics operations contribute positively to the company's long-term financial health and service capabilities.

    Olesya Redina - Chief Financial Officer, BU Food Court

    Olesya Redina, the Chief Financial Officer, BU Food Court at X5 Group, directs the financial strategy and performance monitoring for the food court business unit. Overseeing the budgeting and cost management for food service operations, the Chief Financial Officer, BU Food Court ensures that the unit maintains healthy margins and operational efficiency. This role involves evaluating the profitability of various food service offerings and optimizing supply chain costs. Olesya Redina drives financial reporting for the food court division, providing the necessary data to support strategic expansion and menu development. By collaborating with the operations team, the Chief Financial Officer, BU Food Court aligns financial goals with the quality and service standards of the food court. Redina manages the capital expenditure for new food service locations to ensure a strong return on investment. Through rigorous financial analysis, Redina secures the profitability and growth of the food service segment within the retail conglomerate.

    Alexander Kondratenko - Chief Technology Officer

    Alexander Kondratenko, the Chief Technology Officer at X5 Group, architects the digital infrastructure supporting the company's vast retail network. Managing the technological backbone for Pyaterochka and Perekrestok, the Chief Technology Officer implements scalable solutions that enhance inventory management and customer data analytics. This role involves coordinating with internal IT teams to modernize legacy systems and integrate advanced automation across all retail formats. Alexander Kondratenko drives the digital transformation agenda, ensuring that technological advancements directly improve operational efficiency and consumer convenience. By overseeing cybersecurity protocols and data integrity, the Chief Technology Officer protects the company's digital assets against emerging threats. Kondratenko facilitates seamless communication between technical departments and executive leadership to ensure that software development aligns with broader business objectives. Through the deployment of cutting-edge retail technology, Kondratenko secures a robust platform for future growth and digital market expansion.
    Alexander Kondratenko

    Mikhail Yartsev - Chief Marketing Officer

    Mikhail Yartsev, the Chief Marketing Officer at X5 Group, designs the brand strategy for the company's extensive portfolio of retail chains. Overseeing national advertising campaigns and customer loyalty programs, the Chief Marketing Officer ensures that the value proposition of Pyaterochka and Perekrestok resonates with diverse consumer segments. This leadership role involves analyzing market trends to refine promotional activities and enhance brand visibility across the Russian retail landscape. Mikhail Yartsev drives engagement through data-driven marketing initiatives that optimize customer acquisition and retention rates. By collaborating with the executive team, the Chief Marketing Officer aligns promotional efforts with seasonal demand and inventory availability. Yartsev manages the creative direction of all public-facing communications to maintain a cohesive brand identity. Through strategic market positioning, Yartsev strengthens the competitive edge of the firm, ensuring that marketing investments translate into measurable revenue growth and increased market share.

    Maxim Silaenkov - Chief Marketing Officer, At X5 Media

    Maxim Silaenkov, the Chief Marketing Officer, At X5 Media at X5 Group, directs the advertising and media monetization strategies for the company's internal media division. Overseeing the development of digital advertising platforms, the Chief Marketing Officer, At X5 Media ensures that retail data translates into effective marketing solutions for partners. This role involves leveraging consumer insights from the grocery retail formats to create targeted advertising opportunities. Maxim Silaenkov drives revenue growth by expanding the reach of the media division across the broader retail ecosystem. By collaborating with the retail marketing teams, the Chief Marketing Officer, At X5 Media aligns media offerings with the company's core business objectives. Silaenkov manages the strategic partnerships necessary to scale the media platform and increase its market influence. Through innovative media solutions, Silaenkov enhances the overall value proposition of the company, turning retail data into a sustainable and profitable revenue stream.
    Maxim Silaenkov

    Explore Leadership Teams in Grocery Retail

    Frequently Asked Questions Regarding X5 Group Top Executives and Leadership Team

    Who leads X5 Group?
    X5 Group is led by Elena Chemulova (Chief Executive Officer), along with executives such as Natalia Orekhova (PA To Chief Executive Officer) and Sergey Luk (Group Chief Financial Officer).
    Who is part of X5 Group’s executive team?
    The executive team of X5 Group includes leaders such as Elena Chemulova (Chief Executive Officer), Natalia Orekhova (PA To Chief Executive Officer), Sergey Luk (Group Chief Financial Officer) and other senior executives.
    How many executives does X5 Group have?
    X5 Group has 8 executives leading key business areas.
    What roles are included in X5 Group’s leadership team?
    The leadership team of X5 Group includes roles such as Chief Executive Officer, PA To Chief Executive Officer, Group Chief Financial Officer, Chief Financial Officer, 5post (X5 Group), Chief Financial Officer, BU Food Court.