Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

June 30, 2023

 

YANDEX N.V.

 

Schiphol Boulevard 165

1118 BG, Schiphol, the Netherlands.

Tel: [phone]

(Address, Including ZIP Code, and Telephone Number,

Including Area Code, of Registrant’s Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x     Form 40-F o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

 

 

 

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Furnished as Exhibit 99.1 to this Report on Form 6-K is a press release of Yandex N.V. (the “Company”) dated June 30, 2023, announcing a restructuring of the Company’s financial team.

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  SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	YANDEX N.V.
Date: June 30, 2023	By:	/s/ Svetlana Demyashkevich
		Svetlana Demyashkevich
		Chief Financial Officer

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INDEX TO EXHIBITS

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Exhibit No.	Description
99.1	Press release of Yandex N.V. dated June 30, 2023, announcing a restructuring of the Company’s financial team.

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Exhibit 99.1

Yandex announces restructuring of its financial team

Amsterdam, June 30, 2023 – As reported earlier the Board of Directors of Yandex N.V. has commenced a restructuring process in November 2022 and further updated the market on the progress in May 2023. In preparation for such potential corporate restructuring, the Company announces leadership changes in its financial department.

Svetlana Demyashkevich, Chief Financial Officer of Yandex N.V. group, will transition to the role of Senior Vice President of Finance of the Dutch holding company, and in this capacity will advise the Board on financial matters and report directly to the Chairman John Boynton.

Alexander Balakhnin, Chief Financial Officer and Head of Strategy of E-commerce, Mobility and Delivery segment, will be appointed as the new Chief Financial Officer of the group.

Both changes are effective from August 1, 2023.

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About Yandex

Yandex (NASDAQ and MOEX: YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and navigation products, while also expanding into e-commerce, online entertainment, cloud computing and other markets to assist millions of consumers in Russia and a number of international markets.

More information on Yandex can be found at https://ir.yandex/

Contacts:

Investor Relations

Yulia Gerasimova

E-mail: [e-mail]

Press Office

Daria Gerasimova

E-mail: [e-mail]

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