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Vladimir Pravdivy

Former CEO of Avito, Advisor, Mentor

Vladimir Pravdivy is a highly accomplished executive who served as the CEO of Avito, one of the world's largest online marketplaces, from June 2016 to April 2023.3 During his tenure, he led Avito's transformation into a superapp and achieved remarkable growth for the company.3

Career Highlights

At Avito::

  • Increased revenues 30-fold, reaching $1.4 billion
  • Grew profits to $0.56 billion
  • Transformed Avito into a global leader in audience reach
  • Introduced dozens of business units developing tailored products
  • Transitioned from an ad-based model to a transactional one
  • Assembled high-performing teams from a global talent pool3

Prior Roles::

  • CFO at Avito from February 2014 to May 2016
  • CFO at CTC Media from 2008 to 2013
  • CFO at ABBYY Software House from 2001 to 20043

Leadership and Achievements

Under Pravdivy's leadership, Avito:

  • Became the world's number one classifieds platform in terms of audience reach
  • Outperformed vertical players in various markets
  • Developed an advanced tech suite
  • Established strong relations with international PE funds and strategic investors3

Pravdivy is known for his ability to assemble high-performing teams and drive substantial financial growth. He led Avito through significant challenges, including the last three years which he described as the most difficult but also the most successful.1

Education and Skills

  • Diploma of Professional Development (Executive Development Program) from 2010 to 2012
  • AI for Growth Program in 2019
  • Certified accountant from 1997 to 2000
  • Degree in Finance and Credit, Corporate Finance from 1992 to 19974

Vladimir Pravdivy stepped down from his role as CEO of Avito in April 2023 to focus on his family and personal health.12 His departure marked the end of an era at Avito, but he left the company in a strong position, confident in its ability to continue thriving under new leadership.1

Highlights

Aug 19 · linkedin

🌟 I'm thrilled to announce that I will be attending the 2024 INMerge Innovation Summit on October 10-11 in Baku! Innovation has always been my passion, and I deeply resonate with the spirit of creativity and collaboration that the INMerge Summit embodies. I look forward to connecting with fellow innovators, exchanging ideas, and sharing insights gained from my experience at Avito. Additionally, I can't wait to experience the warmth and hospitality of beautiful Baku once again. If you’re attending, feel free to reach out—I’d love to connect!

Feb 14 · linkedin

I fully agree with this quote: “Early interventions matter: training and mentorship can accelerate growth for early-tenured CEOs” from the McK article on the role of mentorship for CEO success and I am really grateful to Bill Shaughnessy for his support to me as my mentor – me and my team progressed a lot. This experience in working with a great mentor as a mentee helped me later to be a mentor myself.

Related Questions

What are Vladimir Pravdivy's future plans after leaving Avito?
What were the key achievements of Vladimir Pravdivy during his tenure at Avito?
What challenges did Vladimir Pravdivy face during his time at Avito?
What strategies did Vladimir Pravdivy implement to transform Avito into a superapp?
How did Vladimir Pravdivy's leadership style influence Avito's culture?
Vladimir Pravdivy
Vladimir Pravdivy, photo 1
Vladimir Pravdivy, photo 2
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Experience

Chief Executive Officer (CEO) at Avito, June 2016 - April 2023

Education

ACCA certified accountant (1997 - 2000), Executive Development Program at The Wharton School, University of Pennsylvania (2010 - 2012), AI for Growth Program at Imperial College London (2019), Finance