Yandex Announces Passing of Alfred Fenaughty, Director and Chairman
March 28 2016 - 9:00AM
Yandex (Nasdaq:YNDX), one of Europe's largest internet companies
and the leading search provider in Russia, today announced that the
company’s Chairman Alfred Fenaughty passed away on Saturday at the
age of 90.
“We are deeply saddened by Al’s passing,” said Arkady Volozh,
CEO of Yandex. “Al was a brilliant man who brought tremendous
leadership, energy, and passion to our company. His immense
wisdom and insight will be missed. Our deepest sympathies are with
Al's wife, Rica, and the Fenaughty family at this difficult
time.”
Mr. Fenaughty, a founding director of Yandex, was elected
Chairman of the Board in 2008. He had a long and storied career in
computer technology prior to his involvement with Yandex, most
notably serving as CEO of Information International Inc.
(Triple-I), a pioneer in optical character recognition, LISP
programming, and computer animation that was famous for its
electronic pre-press systems.
Yandex's Board of Directors has appointed John Boynton, a
current non-executive director, to serve as interim Chairman of the
Board. Mr. Boynton, age 50, is currently Chairman of the Nominating
and Compensation committees and serves on the Audit committee. He
was co-founder and President of CompTek International, the company
that incubated Yandex, from 1990-1995 and has been a member of the
Yandex board since its inception. He is president of
Firehouse Capital Inc., a privately held investment company, and a
graduate of Harvard College.
Contact:
Investor Relations
Katya Zhukova
Phone: +7 495 974-3538
E-mail: askIR@yandex-team.ru
Media Relations
Ochir Mandzhikov, Asya Melkumova
Phone: +7 495 739-7000
E-mail: pr@yandex-team.com
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