VK Company Limited (LSE and MICEX-RTS: MAIL, hereinafter referred to as VK or the company) has been notified about the planned changes in the shareholder structure of MF Technologies (MFT), with Sogaz JSC becoming a shareholder of MFT, while USM and MegaFon exiting its share capital.

VK announces that Boris Dobrodeev has decided to step down as the CEO of VK (Russia) and leave the company. He will however continue his duties until a new CEO is appointed by the Board of Directors of VK, to ensure smooth management transition.

Boris Dobrodeev, CEO of VK (Russia), said:

“I've always said that users are the most important aspect of the Internet. But today I want to especially thank the VK team for our ambitious projects and the shareholders of VK for putting their trust in me. And I am grateful to all of them for the opportunity to participate in the development of one of the best companies in Russia.

I’ve been happy to work with a brilliant team of experienced professionals who are passionate about what they do. My colleagues’ creative energy and new ideas have always inspired me. 

I would especially like to thank Alisher Usmanov for this unique opportunity for self-fulfillment and for the trust he has placed in me — аnd all the other strategic and minority VK shareholders for their support.

It has been a very exciting journey spanning eight years. Symbolically, I started it as a Deputy Director at VKontakte, and finished as CEO of VK: a huge company, a leader in the local social networking segment, education and food tech markets as well as a major global online gaming business. The company is also actively developing mobility, classifieds, and other new initiatives. VK has a fascinating past, an interesting present and, I am sure, a great future. I am proud to have been a part of this company and wish it only the best of luck.

I have big plans: I’m going to get back to USM to work with its digital assets, including AliExpress Russia, and aim to launch a global venture fund. But in the meantime I will focus on a smooth handover and on making the transition as seamless as possible for shareholders, stress-free for the team and unnoticeable for millions of our users."


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