This Female CEO Moved An Office And Its Employees Out Of Crimea At The Height Of Crisis

In the summer of 2014, as the crisis in Ukraine deepened after Russia annexed its Crimean peninsula, Jessica Rovello and her husband Kenny Rosenblatt faced a daunting situation: their tech company Arkadium had an office with 100 employees in Crimea. Everyone there suddenly had to become Russian and work under Russian law. Then in December 2014, just when the Arkadium office finally assumed a full-fledged Russian identity, the United States imposed harsh economic sanctions on American companies operating in Crimea. Suddenly, Rovello and Rosenblatt could no longer pay their employees or do business there at all. So the company made a radical decision: it moved 55 of its employees and their families to mainland Russia and established a brand new office in Krasnodar, where Arkadium’s overseas branch has operated ever since.  

from Forbes – Tech http://ift.tt/293P26f
via IFTTT