VK Group Shares Fall 6% After Announcement…

VK Group Shares Fall 6% After Announcement… post thumbnail image

 

It was Vladimir Kiriyenko, the son of the first deputy head of the presidential administration, Sergei Kiriyenko.

The new CEO of VK Group will be Rostelecom’s former top manager Vladimir Kiriyenko, the company said. According to the press release, the board of directors voted unanimously for his candidacy.

Source: Rostelecom.

  • Kiriyenko will soon take up his new duties, according to the documents. Under his leadership, VK “will continue to expand into new markets and test new products with a focus on expanding reach and increasing user engagement,” said the internet company’s new CEO.

  • Kiriyenko plans to analyze the process “as soon as possible” and inform shareholders about his project for the company’s development.

  • Vladimir Kiriyenko is the son of the first deputy head of the presidential administration, Sergei Kiriyenko. Since 2017, he worked as the first vice president of Rostelecom, where he was involved in the company’s digital transformation and new development directions.

  • Prior to Rostelecom, Vladimir was chairman of the board of directors of Capital LLC from 2011, and from 2008 to 2011 – chairman of the board of directors of Nizhegorodpromstroybank.

“Vladimir has extensive experience launching and successfully developing many complex projects, and we believe that he has all the qualities needed to take VK to new heights,” said Dmitry Grishin, co-founder of VK.


Source: Google Finance.

We will remind you, last week the CEO of the VK Group Boris Dobrodeyev decided to leave the Internet company. He plans to return to USM to work on Russia’s AliExpress project and launch a global venture capital fund. The Bell, citing two sources, reported that Vladimir Kiriyenko would replace him.

Previously, the ownership of Alisher Usmanov left the register of shareholders. USM sold its 45% stake in MF Technologies, which owns VK, to Gazprombank. The credit institution transferred these shares as a contribution to the property of Gazprom-Media Holding.

Read also: joint venture losses of Sberbank and VK Group for 9 months increased by 28%.

Leave a Reply

Your email address will not be published.

Related Post