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Yandex founder steps down, CFO to become CEO
2014-08-25 13:12:00| Telecompaper Headlines
(Telecompaper) Russian internet search engine Yandex has appointed its CFO Alexander Shulgin as the new CEO of the company. Shulgin joined Yandex in 2010 as CFO and led the company's IPO in 2011. He will start performing his new duties from 1 September, when Gren Abovsky will take over as CFO. Abovsky earlier worked as vice-president for investor relations and corporate development at Yandex. Shulgin replaces Yandex founder Arkady Volozh, who will remain the CEO of Yandex NV, the holding company managing the entire Yandex Group. Volozh will have overall responsibility for the development of Yandex products both in Russia and abroad.
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US: Boston Beer Co founder sells stock worth nearly US$1m
2014-08-12 14:42:02| Daily beverage news and comment - from just-drinks.com
Boston Beer Co's founder & chairman has offloaded 4,000 of his shares in the group, worth nearly US$1m.
Lululemon founder dumps half his stake
2014-08-09 06:31:37| Apparel - Topix.net
Lululemon founder Dennis "Chip" Wilson, who once caught flak for comments about customers' body size, has dumped half his stake in the yoga clothes company.
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CANADA: Lululemon founder sells 50% of his stake
2014-08-08 12:40:53| Daily apparel & textile news and comment - from just-style.com
Lululemon Athletica founder Chip Wilson has sold 50% of his ownership in the Canadian yoga wear brand to Advent International.
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Sprint will name Brightstar founder as CEO, reports say
2014-08-06 05:09:14| Wireless - Topix.net
Sprint Corp. reportedly will replace seven-year CEO Dan Hesse with Marcelo Claure, a recently appointed Sprint board member and CEO of phone distributor Brightstar Corp. Claure will be announced as CEO of the Overland Park-based carrier as early as tomorrow, according to Bloomberg and other reports.
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