Russian Yandex boss resigns two weeks earlier

0

Elena Bunina, chief executive of Russian internet group Yandex, attends a session of the Moscow Financial Forum in Moscow, Russia September 6, 2018. REUTERS/Sergei Karpukhin/File Photo

Join now for FREE unlimited access to Reuters.com

Register

April 2 (Reuters) – Elena Bunina is stepping down as chief executive of Yandex LLC, Russia’s biggest technology company, about two weeks before her term expires on April 15, the company said on Saturday.

“Elena Bunina is leaving (her) CEO and HR director positions at Yandex LLC, it was her personal decision,” Yandex’s press office said in an email. He said Artem Savinovsky, a senior company executive, was named interim CEO.

No further details were given on the reasons behind the move, which is the second recent high-profile departure from Yandex, which creates intelligent products and services powered by machine learning.

Join now for FREE unlimited access to Reuters.com

Register

Last month, Tigran Khudaverdyan resigned as executive director and deputy chief executive of Yandex NV (YNDX.O), the parent company of the Netherlands-registered, Nasdaq-listed Yandex LLC, after the European Union l included as well as a group of Russian businessmen under sanctions. list on Moscow’s “special military operation” in Ukraine.

Khudaverdyan was sanctioned in the EU as an individual. Neither Yandex NV nor any of its subsidiaries have been sanctioned by the US, EU or Britain.

In its statement announcing the departure on March 15, the company said Bunina would remain chief executive of Yandex LLC, its main operating subsidiary, until April 15.

Join now for FREE unlimited access to Reuters.com

Register

Reuters reporting; Editing by Mark Potter and David Holmes

Our standards: The Thomson Reuters Trust Principles.

Share.

Comments are closed.