Bain Capital Moves to Acquire Majority Stake in Echo Marketing 
Lockheed Martin Secures $92.8M AEGIS Sustainment Contract from U.S. Navy 
Vanda Pharmaceuticals Wins FDA Approval for New Motion Sickness Drug After Four Decades 
Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026 
Air China Orders 60 Airbus A320neo Jets in $9.5 Billion Deal as Airbus Strengthens Grip on China Market 
Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch 
Australia’s Modern Gold Rush: Hobby Prospectors Flock to Victoria’s Golden Triangle 
Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro 
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 
Lockheed Martin Secures Nearly $500 Million in U.S. and Allied Defense Contracts 
Hyundai Faces Deadline on Russia Plant Buyback Amid Ukraine War and Sanctions 
Boeing Secures Major $2.7 Billion U.S. Military Contract for Apache Helicopter Support 
Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China as Competition Intensifies 
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power 
MOSCOW and AMSTERDAM, the Netherlands, March 28, 2016 -- Yandex (Nasdaq:YNDX), one of Europe's largest internet companies and the leading search provider in Russia, today announced that the company’s Chairman Alfred Fenaughty passed away on Saturday at the age of 90.
“We are deeply saddened by Al’s passing,” said Arkady Volozh, CEO of Yandex. “Al was a brilliant man who brought tremendous leadership, energy, and passion to our company. His immense wisdom and insight will be missed. Our deepest sympathies are with Al's wife, Rica, and the Fenaughty family at this difficult time.”
Mr. Fenaughty, a founding director of Yandex, was elected Chairman of the Board in 2008. He had a long and storied career in computer technology prior to his involvement with Yandex, most notably serving as CEO of Information International Inc. (Triple-I), a pioneer in optical character recognition, LISP programming, and computer animation that was famous for its electronic pre-press systems.
Yandex's Board of Directors has appointed John Boynton, a current non-executive director, to serve as interim Chairman of the Board. Mr. Boynton, age 50, is currently Chairman of the Nominating and Compensation committees and serves on the Audit committee. He was co-founder and President of CompTek International, the company that incubated Yandex, from 1990-1995 and has been a member of the Yandex board since its inception. He is president of Firehouse Capital Inc., a privately held investment company, and a graduate of Harvard College.
Contact: Investor Relations Katya Zhukova Phone: +7 495 974-3538 E-mail: [email protected] Media Relations Ochir Mandzhikov, Asya Melkumova Phone: +7 495 739-7000 E-mail: [email protected]
