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Top management at Russian company Anyway Anyday has quit, Vedomosti reports. Following a conflict of opinion with the primary shareholder, Kirill Podolsky, over the direction of the company, IT director Andrei Vilchinsky declared over Facebook that he and other top managers have decided that now is the time for them to pursue other interests. With this mass exodus, the company is left without a CEO, COO, CFO, CTO, or a CMO. It seems that the nature of the conflict here is in differences over incentives to management and employees, marketing channels for the support of the AnywayAnyday brand, new directions in the development of the business, and technological performance.
When asked whether this mass exodus was necessary because of the conflict between managers and shareholders as to what company strategy should b. A source that the conflict was not possible to resolve as possible solutions like Management Buyout (MBO) mechanisms simply don’t exist in Russia.
Of major concern here is that the company has declared an IPO and is on the verge of a new pre-IPO financial round. Two independent directors have also recently left the company, with Alexei Pelevin a month ago moving to rival Russian service OneTwoTrip as Chief Digital Officer. According to our source, the company had a great 2012, doubling revenue year over year but supposedly rewards for these performance were not adequate and led to the departures.
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