VK cofounder Dmitry Grishin steps down as chairman

MOSCOW. May 12 (Interfax) - VK cofounder Dmitry Grishin has resigned as board chairman and nonexecutive director, the Russian Internet company reported on Thursday.

VK said it will announce the appointment of the new chairman of the board as soon as possible.

Five directors left VK's board of directors at the beginning of March. Three representatives of Naspers, Jaco Van Der Merwe, Charles Searle and Mark Remon Sorour, resigned on March 4, and independent directors Jan Bune and Sang Hun Kim stepped down on March 7.

With Grishin's departure, there will be four directors remaining on the board: Gazprom Media Holding (GPM) legal department chief Dmitry Chudakov; Sogaz CEO Anton Ustinov; the press secretary for Gazprom's CEO and GPM board member Sergei Kupriyanov; and MF Technologies CEO Ulyana Antonova.