Alisher Usmanov refused to control Mail.Ru Group: "I'm leaving the control with a light heart"

The USM Holdings Alisher Usmanova lost control of Mail.Ru Group, and Gazprombank representatives included the board of the group directors. This was reported in the press release of Mail.ru Group.

“MF Technologies JSC has informed the company that the USM is no longer the sole controlling side of Mail.ru Group, and not one of the shareholders single -handedly controls Mail.Ru Group through MF Technology JSC,” the document says.

Recall, in June 2018, USM, Megafon, Gazprombank and Rostec created a joint venture (SP) based on Mail.ru Group - JSC MF Technologies. “Megafon” in the joint venture owns 45%, USM - 9%. Usmanov’s structures did not belong to the control package, but until today they continued to control the company through the board of directors.

Megafon and USM transferred the right to vote on their package in MF Technology to the general director of Mail.ru Group Boris Dobrodeev. He was nominated for the board of directors Mail.ru Group. Also, “MF Technologies” was nominated to the Council of the First Deputy General Director of Mail.ru Group Dmitry Sergeyev, deputy chairman of the Gazprombank of Alan Vaxman and First Vice President Sergei Mednov. They will change the former CEO of Megafon Sergey Soldatenkov, the head of the USM Ivan Streshinsky, as well as the top managers of Megafon Anna Serebryanikova and Vlad Wolfson.

Dmitry Grishin, chairman of the board of directors of Mail.ru Group, remained in the council.

The USM founder Alisher Usmanov said that he “prepared this program for recent years”, since he believes that “the young generation should lead“ high -tech companies, ”RBC reports .

He added that he leaves the department “with a light heart” and plans to engage in charity work and create an electronic commercial structure in Europe, which will compete with Amazon and Ebay.