On March 16, 2022, Yandex announced that Tigran Khudaverdyan was leaving the Board of Directors of the company and the post of Deputy CEO of Yandex N.V., as well as his positions in the Dutch subsidiaries of the company.

Yandex has a strong management team, and the Board of Directors will consider changes to the management structure based on this team. Until April 15, Elena Bunina is acting CEO of Yandex LLC.

“We are extremely surprised that Tigran was included in the EU sanctions list, and we are very sorry that he can no longer be on the Board of Directors and be Deputy CEO of Yandex N.V. Tigran has been with the company for more than 15 years and has put a lot of effort into developing Yandex as a world-class technology company, taking into account the interests of users, partners, employees and shareholders,” commented the Chairman of the Board of Directors of Yandex N.V. John Boynton.

The European Union imposed personal sanctions against Tigran Khudaverdyan. Neither Yandex nor the subsidiaries of the group of companies were included in the EU, US or UK sanctions lists. On March 15, the UK imposed sanctions against Tigran Khudaverdyan.

On March 15, Tigran Khudaverdyan took over as CEO of Yandex.

Since 2019, Khudaverdyan has worked as a managing director of the Yandex group of companies.

bbabo.Net