Yandex co-founder Arkady Volozh will again take over as CEO of the Dutch company Nebius Group, formed after the sale of Yandex NV to the Russian Yandex, writes Bloomberg .
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In 2022, Arkady Volozh came under European sanctions and left Yandex. On March 13, 2024, he was removed from the sanctions lists. Today, July 15, the Dutch company Yandex NV (now Nebius Group) completely sold its business in Russia and it became known that Volozh will return to the company as CEO. The new main owner of MKPAO "Yandex" was the closed mutual fund "Consortium. First".
According to sources familiar with the situation, Volozh will resume his position after the new shareholders agree on a name change from Yandex NV to Nebius Group.
Yandex has completed its restructuring