Yandex shareholders re-elected three independent directors

Shareholders of “Yandex” at the annual meeting re-elected three independent members of the board of directors for four years. Former head of the presidential administration Alexander Voloshin, co-founder of Almaz Capital Partners Charles Ryan and general partner of the company Roger Rijnia were re-elected, Interfax reports.

Now five out of 12 seats are vacant on the board of directors of Yandex, including the position of executive director. Since the beginning of the year, the co-founder of the company left him Arkady Volozh and Managing Director Tigran Khudaverdyanthat are subject to EU sanctions. Non-executive directors Esther Dyson and Ilya Strebulaev also left. One more place is free since 2021.

In November, Yandex announced plans to split assets: to leave behind the parent structure from the Netherlands only part of the group’s business, in particular international projects in the field of cloud technologies. Most of the group’s services, including search and advertising, are planned to be transferred to the new group of companies. Almost immediately after that, the former head of the Accounts Chamber, Alexei Kudrin, announced that he would be involved in the development of plans to split Yandex.

Read about the company’s plans in the material “Kommersant” “Advice for all occasions”.

Laura Keffer