In October 2003, Mikhail Khodorkovsky, Russia’s richest man and the CEO of Yukos, the second-largest Russian oil producer with a market capitalization of US$26 billion, was arrested and thrown into jail on charges of fraud and tax evasion. Several days later he resigned as CEO of Yukos. This case study tells the story of the rise and (temporary?) fall of a young man whom some would call a brilliant entrepreneur, and others call a scoundrel. The case includes an interview with Khodorkovsky when he was still CEO, and offers a rare opportunity to examine the leadership philosophy of one of Russia’s top business leaders .
Authors: Elizabeth Florent-Treacy, Konstantin Korotov, Manfred Kets de Vries, Stanislav Shekshnia
Subjects: International, People
Industry: Petro / Chemical