In an address to employees, he recalled that he had not managed the Russian Yandex for a long time and had left all positions in the company, TASS reports. Volozh said that the board of directors and management are developing a plan for the restructuring of Yandex, and this approach seems reasonable and necessary to him.
New Year’s goodbye. It’s time for me to write a farewell post. Let’s clarify where I am and what I am. As you know, I have not managed the Russian Yandex for a long time, and this year I had to leave all positions in the company altogether. Now the board of directors and management are developing a plan for the restructuring of the company – in the current conditions, it seems to me that it is quite reasonable and necessary, – said Volozh.
Earlier, the former head of the presidential administration of Russia, Alexander Voloshin, was re-elected to the board of directors of Yandex at the annual general meeting of shareholders. Along with him, Charles Ryan, General Partner of Almaz Capital Partners, and Roger Rijnia, Senior Vice President for Human Resources and a member of the Executive Committee of DE Master Blenders, were re-elected.
In addition, the former head of the Accounts Chamber, Alexei Kudrin, said that he had accepted Yandex’s offer to become an adviser on the company’s corporate development. According to him, together with the management, he will develop the corporate structure of the new holding, which will ensure the sustainable development of the company in all markets.