Yandex Announces Management Changes After Finance Chief Departs

by Anusuya Lahiri, Benzinga Editor
March 30, 2021 7:21 AM | 27 seconds read | Make a Comment
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  • European internet and ride-hailing provider Yandex NV YNDX announced the exit of Greg Abovsky as CFO and COO effective April 30 to pursue another opportunity in a different region.
  • Vadim Marchuk was appointed as acting CFO. Marchuk had joined Yandex in 2016 as VP of Corporate Development.
  • The COO roles will be divided between management team members, including Deputy CEO Tigran Khudaverdyan.
  • Price action: YNDX shares are trading lower by 1.62% at $62.71 in the premarket session on the last check Tuesday.
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