UrBC, Moscow, March 11, 2011. Lev Khasis, who ran X5 Retail Group for five years, is now leaving the business. The company’s Supervisory Board has already accepted the CEO’s resignation.

The company reports Lev Khasis intends to work on some projects of his own; his deputy Andrei Gusev will be appointed the company’s new CEO.

‘I decided to devote myself to other business projects, but I am still a loyal customer and a stockholder,’ Molly.ru quotes Lev Khasis as saying.