UPDATE 1-Yandex CEO resigns after being targeted by EU sanctions

UPDATE 1-Yandex CEO resigns after being targeted by EU sanctions

(Adds detail, market reaction)

June 3 (Reuters) – Russian internet giant Yandex said on Friday that Arkady Volozh had stepped down as CEO and left the board of directors after the European Union included him on its latest list of sanctions against Russian entities and individuals.

Volozh, who co-founded the Yandex search engine in 1997, was put under EU sanctions on Friday after the bloc accused him of “materially or financially” supporting Russia, which sent tens of thousands of troops into…


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