STORY CONTINUES BELOW THESE SALTWIRE VIDEOS By Alexander Marrow MOSCOW (Reuters) -The co-founder of Russian internet giant Yandex, Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that could see ownership of many of the firm’s core services change hands. Volozh stepped down as CEO and left the board of directors after the European Union… Source link
Read More »Russia’s Yandex co-founder Volozh pens farewell message to staff
By Alexander Marrow MOSCOW (Reuters) -The co-founder of Russian internet giant Yandex, Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that could see ownership of many of the firm’s core services change hands. Volozh stepped down as CEO and left the board of directors after the European Union included him on its list of sanctions against Russian entities and individuals in June. Volozh called the EU’s decision “misguided”. Yandex, often… Source link
Read More »Squatters take over Amsterdam home of sanctioned Yandex founder Arkady Volozh – Meduza
A group of squatters have taken up residence in a house in Amsterdam that belongs to Yandex founder Arkady Volozh, they told the publishing network IndyMedia. The house’s new inhabitants said that they chose it intentionally, because despite the sanctions imposed against Volozh, the Dutch authorities have not seized his property. “It’s obvious that limiting [the rights of] Russian billionaires and oligarchs is not a priority for the Dutch authorities,” said the squatters. According to… Source link
Read More »Yandex Board of Directors’ Statement on Arkady Volozh Designation
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
Read More »Yandex Board of Directors’ Statement on Arkady Volozh Designation
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
Read More »EU sanctions Yandex CEO Arkady Volozh, who then resigned • The Register
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
Read More »Yandex CEO Arkady Volozh resigns after facing EU sanctions – DatacenterDynamics
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
Read More »Yandex CEO Volozh resigns after EU sanctions
The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register June 3 (Reuters) – Russian internet giant Yandex (YNDX.O) said on Friday Arkady Volozh has stepped down as CEO and left the board of directors after the European Union had included him on its latest list of sanctions against Russian entities. Volozh has transferred his voting power to the… Source link
Read More »Arkady Volozh Resigns as Executive Director and CEO of Yandex N.V. and Transfers his Voting Power to the Board
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
Read More »Arkady Volozh resigns as Executive Director and CEO of Yandex N.V. and transfers his voting power to the Board
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
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