Supervisory Board

Alfred Fenaughty is the Chairman of our Board of Directors. He has been a non-executive director since 2000. Mr. Fenaughty is a co-founder, chairman of the board of directors and chief executive officer of InfiNet Wireless, a provider of wireless networking technology in Russia, as well as a co-founder and chairman of the board of the Center of Telephony Integration, a supplier of IP telephony systems. From 1993 to 2003, Mr. Fenaughty was a director of CompTek International. From 1965 to 1993, he served as president and chief executive officer of Information International. Prior to that, Mr. Fenaughty was vice president and general manager of the Western Division of Computer Control. Mr. Fenaughty received a bachelor’s degree in engineering in 1946 and a master’s degree in electrical engineering in 1947, from Columbia University.

Elena Ivashentseva has been a non-executive director since 2000. Ms. Ivashentseva is a partner at Baring Vostok Capital Partners, a Russian private equity firm. Baring Vostok structured and led the initial investment in Yandex in 2000 by Internet Search Investments Limited (the parent of ru-Net B.V.), in which Baring Vostok’s fund is the founder and largest shareholder. Since 2000, Ms. Ivashentseva has managed the investment in Yandex on behalf of Internet Search Investments Limited. She is also a member of the board of Ozon, Enforta, Centre for Financial Technologies, and InfiNet Wireless Ltd., and was previously a member of the board of directors of CTC Media, Inc., a leading Nasdaq-listed Russian television broadcaster, and other portfolio companies of Baring Vostok. From 1994 to 1998, Ms. Ivashentseva was a director of EPIC Russia, where she led telecom and media investments of the Sector Capital Fund. Ms. Ivashentseva received a master’s degree in finance and accounting from the London School of Economics and a diploma with honors in economics from Novosibirsk University. She is a CFA Charterholder.

Arkady Volozh is the principal founder of Yandex and has been our Chief Executive Officer and a director since 2000. A serial entrepreneur with a background in computer science, Mr. Volozh co-founded several successful IT enterprises, including InfiNet Wireless, a Russian provider of wireless networking technology, and CompTek International, one of the largest distributors of network and telecom equipment in Russia. In 2000, Arkady left his position of CEO at CompTek to become the CEO of Yandex. Prior to this, the yandex.ru site was one of CompTek’s projects. Mr. Volozh has been working on search since the 1990s. Among his earlier achievements was the development of electronic search for use in patents, Russian classical literature and the Bible. Mr. Volozh holds a degree in applied mathematics from the Gubkin Institute of Oil and Gas.

Ben Cole has been a non-executive director since 2000. Mr. Cole is the president and founder of Cole Management Inc., a Boston-based manager of venture capital investments in Russia. Mr. Cole spent fourteen years as a director of Watson Wyatt & Company, from 1975 to 1989, after the company acquired his firm, Cole & Associates. Since establishing Cole Management in 1993, Mr. Cole has participated in investments in Russia’s technology sector, including investments in our company and in companies such as CompTek International and InfiNet Wireless Ltd. Mr. Cole received a degree in history and political science from New York University.

John Boynton has been a non-executive director since 2000. Mr. Boynton is the founder and chief executive of SchoolPulse, Inc., a social media company, and the president of Firehouse Capital Inc., a privately held investment company with investments in a variety of early stage companies. He also serves on the boards of several non-profit organizations. Mr. Boynton served as a founder and managing director of Wilson Alan LLC from 2001 through 2006, as vice president of corporate strategy and development at Forrester Research from 1997 to 2001, as a strategy consultant with Mercer Management Consulting from 1995 to 1997, and as co-founder and president of CompTek International from 1990 to 1995. Mr. Boynton has a degree in history from Harvard College.

Esther Dyson has been a non-executive director since 2006. Ms. Dyson is an active investor and board member in a variety of IT, health care and aerospace start-ups, and also sits on the board of WPP Group, a global communications company. She started her career as a fact-checker for Forbes Magazine, and then spent five years as a security analyst on Wall Street. At New Court Securities, from 1977 to 1980, she comprised the sell-side research department and worked on the initial public offering of Federal Express, among others. At Oppenheimer & Co., from 1980 to 1982, she followed the nascent software and personal computer markets. From 1982 to 2004, as owner of EDventure Holdings, she edited the newsletter Release 1.0 and ran the annual PC Forum conference, helping to define the personal computer and Internet marketplaces of today. She sold EDventure to CNET in 2004, and reclaimed the name when she left CNET at the beginning of 2007. She first went to Russia in 1989 and speaks fluent Russian. Her Russian interests have included advisory board seats with both IBS Group and SUP/Live Journal, and investments in Epam and UCMS. In the United States, she is on the boards of 23andMe, Meetup, Eventful and others. She was an early investor in Flickr and del.icio.us (sold to Yahoo!), Medstory and Powerset (sold to Microsoft), Brightmail (sold to Symantec), and Postini (sold to Google), among others. She has a BA in economics from Harvard, and is the author of “Release 2.0: A design for living in the digital age” (1997), which has been translated into 18 languages.

Ilya Segalovich is one of our co-founders and has been our Chief Technology Officer and a director since 2000. He began his career working on information retrieval technologies in 1990 at Arcadia Company, where he headed Arcadia’s software team. From 1993 to 2000, he led the retrieval systems department for CompTek International. Mr. Segalovich placed second in the All Soviet Union Math Olympiad in 1981. Mr. Segalovich received a degree in geophysics from the S. Ordzhonikidze Moscow Geologic Exploration Institute.

Vish Makhijani has been a non-executive director of our Board of Directors since 2009. Mr. Makhijani is SVP Casual and Mobility at Zynga. Prior to Zynga, Vish Makhijani served as the President and CEO of Yandex Labs based in Silicon Valley. Before joining Yandex in 2008, Vish was SVP and General Manager of the Yahoo Search Group which included complete business and product responsibility for the core Yahoo! Web Search products and vertical destinations - Yahoo! Travel, Local, Shopping and Personals. Prior to leading the Yahoo Search Group, Vish was the Vice President of Yahoo! Search Marketing International and International Monetization. Prior to that role he was Vice President and General Manager of Yahoo!’s consumer International Search business. Before joining Yahoo!, Vish served as Vice President and General Manager of Inktomi. He had been with the company since early 1999, and, prior to his role in Inktomi Web search, headed-up Inktomi's investor relations program. Before joining Inktomi, Mr. Makhijani worked at PricewaterhouseCoopers where he helped Fortune 500 clients and leading technology, media and start up companies with financial reporting, mergers, acquisitions, and public offering issuances. Mr. Makhijani earned a Bachelor of Science degree from the University of Connecticut.