Founding CEO ArkadyVolozh will continue to serve at the position, while Greg Abovsky will continue to serve as Chief Operating and Financial Officer. He will also continue to be responsible for the development of several business units and experiments, Yandex said.
“Tigran Khudaverdyan joined Yandex in April 2006, and since then has led several successful projects, including Yandex.Browser and Yandex.Navigator. He moved to our ride-hailing unit Yandex.Taxi in 2015, and has served as Chief Executive Officer of MLU B.V., our ride-hailing and food delivery joint venture with Uber, since its formation,” Yandex said.
“I’m very excited to work with Tigran in his new role,” said Arkady Volozh. “Tigran has spent much of his career with Yandex, knows the business inside and out, and is highly regarded by the entire Yandex team. With him focusing on day-to-day management in the new Deputy CEO position, I will be able to focus on broader strategic opportunities.”
Yandex also announced that Mikhail Parakhin, Chief Technology Officer of the Yandex group, has decided to return to the US West Coast following his family after a tremendous 5-year run with Yandex. Mikhail will continue to advise the Company and the Board.