Tag Archives: Arkady

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 6, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses, today releases a statement of its Board of Directors regarding the recent designation of Arkady Volozh. “We were extremely disappointed to learn that our Founder and CEO, Arkady Volozh, was sanctioned by the EU. We… Source link

Yandex Board of Directors’ Statement on Arkady Volozh Designation Moscow–Amsterdam, June 6, 2022— Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses, today releases a statement of its Board of Directors regarding the recent designation of Arkady Volozh. “We were extremely disappointed to learn that our Founder and CEO, Arkady Volozh, was sanctioned by the EU. We believe this decision to be wholly unjust and based on an inaccurate… Source link

Arkady Volozh, CEO of Russia’s biggest internet company Yandex, has resigned after being added to the European Union’s list of individuals sanctioned as part of its response to the illegal invasion of Ukraine. Yandex is an analogue of Google, having started as a search engine and then added numerous productivity, cloud, and social services. The company has since expanded into ride-sharing and e-commerce. The European Union (EU) last Friday named Volozh and many others as part of its… Source link

Arkady Volozh, co-founder of the largest Russian technology firm Yandex, has resigned as CEO after being targeted by EU sanctions over the war in Ukraine. The Moscow-based company, which has its business address in Amsterdam, announced on Friday June 3 that Volozh has stepped down as executive director and CEO, and will hand his voting powers to the board. The move came after the EU sanctioned Volozh for “materially or financially” supporting Russia, which invaded Ukraine in February. … Source link

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 3, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses,today announces that Arkady Volozh, the company’s co-founder, has stepped down with immediate effect from his positionёs as Executive Director and Chief Executive Officer of Yandex N.V. and from his board and executive positions with its international subsidiaries. The European Union has imposed sanctions on Mr. Volozh personally…. Source link

Arkady Volozh resigns as Executive Director and CEO of Yandex N.V. and transfers his voting power to the Board   Moscow–Amsterdam, June 3, 2022— Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses, today announces that Arkady Volozh, the company’s co-founder, has stepped down with immediate effect from his positionёs as Executive Director and Chief Executive Officer of Yandex N.V. and from his board and executive positions with its… Source link

It took Arkady Volozh 20 years to build Yandex into Russia’s Google, Uber, Spotify and Amazon combined, says Wired – and just 20 days for “everything to crumble”. The country’s preeminent tech giant has been so stricken by the Ukraine war that there are doubts about its survival – at least in its current form. Western sanctions have led to Yandex’s shares being frozen on US stock exchanges, which in turn has led shareholders to seek repayment on convertible note guarantees,… Source link

President Vladimir Putin (R) and Yandex CEO Arkady Volozh visit the Yandex headquarters in Moscow TASS via Getty Images Arkady Volozh, the tech entrepreneur behind Yandex—the Russian equivalent to search engines like Google and Yahoo—has seen the value of his stake in Russia’s top tech giant fall by over 60% since last Thursday, the day Putin attacked Ukraine. Volozh himself lost more than $400 million that day, as Russia’s wider business community… Source link

Arkady Volozh Extends Lock-up for an Additional Two Years Moscow and Amsterdam, the Netherlands, December 6, 2021 – Yandex (NASDAQ and MOEX: YNDX) today announces that its founder, CEO and principal shareholder, Arkady Volozh, has agreed to a further lock-up of his Class B shares. Arkady has agreed with Yandex that he (and his family trust) will not sell or transfer any Class B shares during the next two years, ending December 31,… Source link

Moscow and Amsterdam, the Netherlands, December 6, 2021 – Yandex (NASDAQ and MOEX: YNDX) today announces that its founder, CEO and principal shareholder, Arkady Volozh, has agreed to a further lock-up of his Class B shares. Arkady has agreed with Yandex that he (and his family trust) will not sell or transfer any Class B shares during the next two years, ending December 31, 2023. This is an extension of the lock-up agreement that Arkady (and his family… Source link