Fatih Tar, chairman of board of directors and executive of several companies in the Erdemir Group resigned from his positions on August 14, 2013. Tar stepped down from the following positions: chairman and managing director at Erdemir, representative of Oytas Trade, chairman at Isdemir, chairman at Erdemir Engineering and representative of Ataer Holding. Tar was appointed chairman at Erdemir in March 2010.