Early Life and Education
Aleksandr Vladimirovich Frolov was born on May 17, 1964, in Tula, Russia. He graduated with honors from the Department of Molecular and Chemical Physics of the Moscow Institute of Physics and Technology in 1987. He furthered his education at the same institute, earning a Ph.D. in physics and mathematics in 1991.
Rise to Success
After completing his studies, Frolov worked at the Kurchatov Institute of Atomic Energy in Moscow. In 1994, he transitioned to entrepreneurship, marking a significant shift in his career. Frolov's leadership as CEO of Evraz, from 2007 to September 2021, was a pivotal period. During his tenure, Evraz's coal subsidiaries were consolidated under PJSC Raspadskaya in 2020, making it the largest Russian producer of coking coal.
Key Business Strategies
Frolov was instrumental in managing Evraz's debt during the global economic crisis. He, along with his partner Alexander Abramov, played a key role in the company's strategic growth. They sold a 40% stake in Evraz to Roman Abramovich in 2006 for over $3 billion. Frolov's career highlights include being a key executive in the growth of Evraz into a global steel and mining company.
Philanthropy
Details on Frolov's direct philanthropy are not readily available, however, he was one of the sponsors of the restoration project of the Valaam Spaso-Preobrazhensky Monastery.