Is Yandex’s CEO Leaving the Company?
Ahead of Yandex’s (YNDX) third-quarter earnings report, rumors swirled that Russia’s state-controlled lender, Sberbank (SBRCY), was considering buying a large stake in the company. The rumors further suggested that Yandex’s CEO, Arkady Volozh, would sell his stake and possibly leave the company as part of a transaction involving Sberbank.