Board changes at first closing
Company: Nebius
The claim, verbatim
At the first closing, four Russian board members will resign and the Priority Share, along with the Public Interest Foundation's right to appoint two board members, will be eliminated. The remaining board will be John Boynton (Chairman), Rogier Rijnja and Charles Ryan.
Source (primary)
nebius 8-K exhibit (yndx-20240331xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “four Russian members of our Board will resign with effect from that closing. The remaining members of our Board of Directors will be John Boynton (Chairman), Rogier Rijnja and Charles Ryan.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release describes the resignations, the elimination of the Priority Share and the Foundation's appointment rights at first closing, and names the three remaining directors.
Confirmed in the source:
- Four Russian board members will resign with effect from the first closing
- An articles amendment effective at the first closing will eliminate the Priority Share held by the Public Interest Foundation
- The same amendment eliminates the Foundation's right to appoint two board members
- The remaining board will be John Boynton (Chairman), Rogier Rijnja and Charles Ryan
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000012/yndx-20240331xex99d1.htm) in full (27,715 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (yndx-20240331xex99d1.htm)
Quote: “four Russian members of our Board will resign with effect from that closing. The remaining members of our Board of Directors will be John Boynton (Chairman), Rogier Rijnja and Charles Ryan.”