Commenting on the changes, Eugene Kaspersky said, The transition to new rules for forming the board, that is, to proportional representation, has been made to better balance the interests of various shareholder groups and is a further step we are making to introduce best practices in corporate governance. This move helps us markedly increase the transparency of the company – for our clients, partners, and investors, and also to better protect the interests of shareholders. In addition, we are pleased to welcome John Bernstein to the board. General Atlantic has unique expertise in partnering with rapidly growing technology companies, which will be a great contribution to the development of the company in the longer term.
John Bernstein commented, Kaspersky Lab is growing very rapidly and reaching new heights in the IT security market, resulting from both correct strategic development of the business and the high quality of the companys management team. We are pleased to be active strategic partners with Kaspersky Lab.
The board of directors was appointed as follows: Eugene Kaspersky, Chief Executive Officer and co-founder; Eugene Buyakin, Chief Operating Officer; Stephen Orenberg, Chief Sales Officer; Alexey De-Monderik, Chief Technology Advisor; and John Bernstein, General Atlantic LLC Managing Director and Head of Europe.