Stan Polovets
Russian-American businessman and philanthropist (born 1963) / From Wikipedia, the free encyclopedia
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Stan Polovets (born June 8, 1963) is an American businessman and philanthropist. He is known for his work in the international energy sector and for his innovative philanthropic initiatives.[2]
Stan Polovets | |
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Станислав Половец[1] | |
Born | (1963-06-08) June 8, 1963 (age 60) |
Nationality | American |
Occupation(s) | Businessman and philanthropist |
Organizations | L1 Energy/Alfa Group, Genesis Prize Foundation, Access Industries, Edelman, Stanford University, New York University |
Polovets played a notable role in the creation of TNK-BP, one of the largest joint ventures in the global energy industry, which operated in 2003-2013 and controlled more than 18% of Russia’s total oil production. He held a number of executive and board posts and was instrumental in its subsequent divestment in a record $55 billion transaction.[3]
In May 2020, Polovets was elected chairman of the board of directors of Anchiano Therapeutics Ltd.,[4][5] a NASDAQ-listed biopharmaceutical company. In March 2021, he stepped down as chairman after the company posted a 630% return in 12 months, and merged with Israel-based Chemomab Therapeutics.[6]
Polovets is a member of the Council on Foreign Relations, the President’s Global Council at New York University (NYU), and the Board of Overseers at the NYU Tandon School of Engineering.[7] From 2014 to 2019, he served on the Board of Overseers of Stanford University's Hoover Institution.[8][9]
He is the co-founder and chairman/CEO of the Genesis Prize Foundation, a global philanthropic initiative focused on enhancing Jewish identity.[10][11]
On September 13, 2023, Polovets was summoned as part of an accusation of sexual assault that occurred in late 2021.[12][13] On October 23, Polovets’s legal counsel filed a response denying the accusation, indicating that the plaintiff filed for her second bankruptcy several weeks before suing Mr. Polovets and that the lawsuit includes false and malicious claims.[14]