Benzinga | Mar 30, 2021 07:21AM EDT

Yandex Announces Management Changes After Finance Chief Departs

* European internet and ride-hailing provider Yandex NV (NASDAQ: YNDX) announced the exit of Greg Abovsky as CFO and COO effective April 30 to pursue another opportunity in a different region.

* Vadim Marchuk was appointed as acting CFO. Marchuk had joined Yandex in 2016 as VP of Corporate Development.

* The COO roles will be divided between management team members, including Deputy CEO Tigran Khudaverdyan.

* Price action: YNDX shares are trading lower by 1.62% at $62.71 in the premarket session on the last check Tuesday.