The Russian division of Yandex is headed by Alexander Shulgin. Alexander Shulgin - biography, information, personal life Awards and titles of Alexander Shulgin

Yandex announced upcoming personnel changes in its management. Yandex CEO Alexander Shulgin, who has worked for the group of companies for seven years, will leave the company. At the same time, Yandex CFO Greg Abovsky will also take up the position of COO from December 1.

The CEO of Yandex LLC, Alexander Shulgin, has decided to leave the company, according to the official statement from Yandex. Greg Abovsky will become the Director of Operations of Yandex from December 1, 2017, who will combine new position with the current responsibilities of the CFO. Arkady Volozh will continue to lead the Yandex group of companies.

“Yandex is in excellent shape right now, and I believe the company has years of excellent growth ahead. It’s time for me to move on,” said Alexander Shulgin. “I am very grateful to Sasha Shulgin for the fact that at one time he accepted operational management"Yandex". This is a very difficult task, which he coped with brilliantly. He transformed the company, creating conditions for the emergence and growth of new business areas. So, “Yandex.Market”, “Avto.ru” and “Yandex.Taxi” became separate businesses, several more experiments are on the way, says Arkady Volozh. “Greg Abovsky has a great feel for Yandex and understands how our business should develop . He worked with Sasha for about five years, and I am sure that this is the most obvious and understandable successor inside and out.”

Under the leadership of Alexander Shulgin, Yandex also initiated high-profile antitrust proceedings at the beginning of 2015: the company filed a complaint against the actions of Google, accusing the latter of putting pressure on vendors and abusing its dominant position in operating system Android. The conflict ended in April 2017, when the Federal Antimonopoly Service and Google entered into a settlement agreement, according to which the corporation agreed to pay a fine of 439 million rubles, providing alternative search engines, including Yandex, new opportunity promotion.

“Alexander Shulgin has been working at Yandex for a long time, he brought the company to IPO and has always been more than a manager. They come for his advice, they listen to his opinion, and his professional experience helped carry out one of the most difficult reforms in the history of the company,” Yandex clarified to Kommersant. “We are grateful to Sasha for all our successes, and if we manage to work together again , this will be a great success for Yandex. But Sasha himself has now decided that he wants to try himself in something else, in equally complex and interesting projects, but on new topics."

Greg Abovsky joined Yandex in 2013 as vice president of investor relations and corporate development. In 2014 he became financial director company and over the past few years has been involved in operational activities a lot, and also helped various teams at Yandex develop their services. Previously, he worked for more than 14 years leadership positions in Finance, Media and Technology. Abovsky holds an MBA from Harvard Business School and completed his undergraduate studies in economics and Russian literature at Brown University.

From September 1, the company's financial director, Alexander Shulgin, will assume the position of general director of the Russian business of the Internet company Yandex (Yandex LLC), the company said in a statement. His appointment became known early last week, when the founder of the company, Arkady Volozh, who combined the posts of CEO of the Russian Yandex and head of the Yandex group of companies, announced that he was transferring his powers to manage the Russian division.

"Yandex in Russia is big successful business. Running a company of this size requires a lot of time and effort. I am glad that Alexander Shulgin will take on this responsibility. He is exactly the person who will do an excellent job managing a business in Russia. By handing over this part of the work, I can concentrate on strategic objectives, including the search for new business models, new markets and areas of application of our technologies,” Volozh commented on his decision.

At the same time, Arkady Volozh is not going to leave Yandex. “I’m not going anywhere - as I was, I will continue to be responsible for Yandex. Both in general and in individual areas. But I will be more involved in new markets and new business models. From what you already know and what I can hint at is Yandex in Turkey and big data. There are several more ideas in the works, all of them are somehow related to big mathematics and mass products for users," he told Russian to Forbes, adding that there will be no changes in company policy due to personnel changes.

"The search for a director who will take over most administrative work, Arkady Volozh began discussing it within the company with the board of directors even before Alexander Shulgin joined Yandex in 2010. The reason is very simple - any large growing company needs a person who is involved in operational management,” the company’s director of public relations, Ochir Mandzhikov, told RBC, adding that Volozh will have more time to solve strategic problems, including “searching for new business.” -models, new markets and areas of application of Yandex technologies.

Alexander Shulgin is a graduate of Rostov State University and has a degree in management. He came to Yandex in 2010 as financial director; in 2011, with his participation, the company conducted an initial public offering of shares on the New York Nasdaq exchange. Before Yandex, he worked for ten years in various financial positions in Coca-Cola company, in 2007 became financial director of Coca-Cola in Russia.

According to Mandzhikov, in the four years that Shulgin spent in the company, “he turned into a strong manager who is trusted by the team.” “He becomes CEO precisely because he is respected and the heads of product areas listen to his opinion. In terms of professional management his experience will be especially useful,” he said.

Yandex is the largest Russian Internet company, owning the most popular in Russia search engine and an Internet portal. According to LiveInternet, the company's share of the Russian search market averaged 61.9% in the first quarter of this year. The company's shareholders are the founder and general director Arkady Volozh, investment company Baring Vostok Capital Partners and others.

At the end of last year, the company's revenue amounted to 39.5 billion rubles, net profit - 13.5 billion rubles. However, in 2014, Yandex quotes fluctuated several times. The reason was the mention of the company in connection with the Ukrainian crisis, because of which the director of Yandex-Ukraine was even forced to go on indefinite leave, and also after Vladimir Putin called the entire Internet project of the CIA, and also accused Yandex of having connections with Western intelligence services" "When they just started work, they were also put under pressure: they must have so many Americans, so many Europeans, and they were forced to agree governing bodies. Part of their registration takes place abroad, and not only for tax purposes,” the Russian President said then.

"Biography"

Graduated from Rostov State University, has a degree in management.

"News"

Former Yandex COO Shulgin heads Ozon

Alexander Shulgin replaced Danny Perekalsky, who had been CEO of Ozon since 2014, in this post.

Alexander Shulgin got a job at Ozon

Alexander Shulgin, who announced his resignation from Yandex in November, did not remain unemployed for long. He replaced Danny Perekalski, CEO of the Ozon online hypermarket, who decided to leave the company.

The appointment of Alexander Shulgin to the post of general director of the Ozon group of companies was reported to Kommersant by the company and confirmed by Alexey Katkov, president of Sistema Venture Capital (in January, Sistema JSFC transferred a 10.8% stake in Ozon to its venture fund). Mr. Shulgin replaced Danny Perekalski in this post, who headed Ozon since 2014, but decided to leave the company.

Ozon.ru was headed by ex-top of Yandex Alexander Shulgin

Online retailer Ozon.ru announced the appointment of Alexander Shulgin as CEO of the OZON group of companies. He replaced Danny Perekalski in this post, who decided to leave the company. Previously, Alexander headed Russian business Yandex, where he was chief operating officer.

Yandex CEO Alexander Shulgin leaves the company

General Director of Yandex in Russia Alexander Shulgin is leaving his post, RBC reports citing the company’s press service.

The duties of COO from December 1, 2017 will be performed by CFO Greg Abovsky. He plans to combine his new position with his current one.

General Director of Yandex in the Russian Federation Alexander Shulgin leaves the company

General Director of Yandex in Russia Alexander Shulgin is leaving the company. As stated in the Yandex message, CFO Greg Abovsky will become the company's operating director from December 1, 2017, who will combine the new position with current responsibilities.

Arkady Volozh will continue to lead the Yandex group of companies.

Shulgin came to Yandex in 2010, taking the post of financial director. On September 1, 2014, he was appointed General Director of Yandex LLC and was responsible for managing the company’s Russian business.

Former Yandex CEO heads Ozon.ru

Former chief operating officer of Yandex Alexander Shulgin headed the Ozon group of companies, the press service of the online retailer reports.

As CEO, he replaced Danny Perekalski, who had previously decided to leave the company. Shulgin headed the Russian business of Yandex, where he was chief operating officer.

Prior to this, Shulgin held financial positions at Coca-Cola for more than 10 years. In 2007, he became CFO of Coca-Cola in Russia.

And Greg Abovsky, vice president of investor relations and corporate development, will become chief financial officer. Arkady Volozh will be responsible for the Yandex business as a whole and will lead the entire group.

Alexander Shulgin came to Yandex in 2010 as CFO; before that, he worked for ten years in various financial positions at Coca-Cola, and in 2007 became CFO of Coca-Cola in Russia. Graduated from Rostov State University with a degree in management.

"Yandex in Russia is a big successful business. Managing a company of this scale requires a lot of time and effort. I am glad that Alexander Shulgin will take on this responsibility. He is exactly the person who will do an excellent job managing a business in Russia. Having transferred this part work, I will be able to concentrate on strategic tasks, including the search for new business models, new markets and areas of application of our technologies,” Arkady Volozh commented on the new appointment.

In 2011, with the participation of Alexander Shulgin, the company conducted an initial public offering of shares on the NASDAQ New York Stock Exchange. For the first time, there was talk about entering the stock exchange back in 2007; at the end of 2008, Yandex was going to enter an IPO, but this step had to be postponed due to the global economic crisis. But back in 2007, it became clear that Yandex needed a serious financial director who would meet everyone " international standards"First, Nilesh Lakhani, a financier with 20 years of experience, who at that time had just brought the CTC Media company to NASDAQ, joined the Yandex team. But, as it turned out during the work, Lakhani and Yandex... due to differences in way of thinking, they are not very suitable for each other, and after deciding to postpone the date of going public, the company parted ways with Nilesh Lakhani. During this postponement, Pavel Aleshin introduced formal procedures according to the standards of the American Sarbanes - Oxley (SOX) law, without which NASDAQ could not get out, Yandex accepted them and learned to work with them, and Shulgin, who again came to the company in 2010, focused on main task- bringing the company to IPO. In May 2011, the company held an IPO on the NASDAQ exchange, its capitalization exceeded $8 billion.

What is written about the new CEO in Yandex. Book

Dmitry Sokolov-Mitrich’s website and remembered that it talks about new general director companies:

“Alexander Shulgin’s work at Yandex began in an unusual way. He had to persuade his subordinates to take him on as their boss.

These were interviews with future employees,” says the man who finally managed to become the financial director of Yandex. - Moreover, my employment really depended on their decision. For a man who had previously worked for many years at the Coca-Cola Company, it was an interesting experience, to say the least.

Volozh also told you how Steve Jobs to PepsiCo President John Sculley: "Do you want to spend your life selling sweetened water or do you want to come with me and try to change the world?"

I didn't have to be persuaded. I myself was interested in working in a company that is growing by 180% per year. This has already happened in my life: when foreign companies As soon as they came to Russia, they also grew at a frantic pace. But since then things have become too stable. I wanted fresh air."

Alexander Shulgin about Yandex IPO:

“Why did we choose the American NASDAQ, and not the English, German or some other exchange?” asks Alexander Shulgin and answers himself: “Because we are a technology company, and they have the maximum valuation in the States. Yes, in Europe exchange requirements are simpler, it’s easier to prepare for them, but for some reason European investors were not very fond of technology companies.So we decided to suffer, but still end up where all ours are.

Why was it necessary to go to the stock exchange at all? Yandex already had enough money for development through the roof?

Indeed, the company itself did not really need money at that time, and even now. “We ourselves make good money,” admits Alexander. - We then returned the $400 million that Yandex itself raised from the IPO to investors - when we began to buy back our shares from the market. the main objective An IPO is an opportunity for investors to partially exit Yandex and recoup the investments they made in it ten years ago. By 2011, the market had recovered, and quite well. And then the board of directors decided that it was time to run."

“In order for investors to buy our shares and pay well for them, we need to tell them about the company,” explains Alexander Shulgin. “They, of course, looked at all our reports, which we had been agonizing over for so long, and everything seems to be right there.” okay, the company is interesting. But the reports show the past, and investors buy the future. Now we need to look these people in the eyes: who they are, what they are, can they be trusted. That’s why a road show is done. The pleasure fell on Dima Barsukov, our "Corporate Finance Director, Ilya [Segalovich], Arkady [Volozh] and myself. Plus our partners from investment banks, Deutsche Bank and Goldman Sachs."

“But at the end of this roadshow, we still learned to sell ourselves without any psychotraining. And then we almost fell into the trap of euphoria. During these roadshows there is such a dangerous thing - at some point you begin to believe in something what are you saying?

Did you tell a lie there?

Of course, the truth. But there you concentrate on achievements achieved, express confidence in solving new problems, and behave like Superman. And then you need to return to work, turn on critical thinking, otherwise there will be no new achievements. It is very important not to get stuck in this optimistic complacency. Also in 2011, reality hit us on the head very painfully. We almost missed the growth of Google's Chrome browser. Our share has fallen - from 65 to 60 percent. We mobilized in time, released our own browser, but we remembered the lesson."

“We woke up, had breakfast, got into the car, drove to Times Square, went to the hall for the IPO,” Alexander Shulgin recalls that day. “This, by the way, is not a palace with columns at all, but a modest conference room the size of this one.” room. Everything is extremely functional: lighting, sound equipment, the photographer is running around, everything has been rehearsed a thousand times, the work is in conveyor mode."