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Head of Russian social network VK withdraws resignation

03
Apr
2014

The founder of Russias biggest social networking site VKontakte withdrew his resignation on Thursday, just two days after announcing he was giving up the chief executive post, saying his departure would have threatened the companys future. Im not going anywhere – and remain the CEO of VKontakte, Pavel Durov wrote on his VKontakte account. Durov said on April 1 he was stepping down because his freedom in running the company had been reduced by a shareholder change. It was not clear what change he was referring to, but the statement followed months of wrangling between VKontakte shareholders.

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