Олег Онопрієнко Hot News 10 July 2025, 08:05

AirSlate has management changes. Vadim Yasinovsky will likely become the company's CEO again

airSlate co-founder Vadym Yasinovsky may return to the CEO position, which he previously held for six years.

According to a source who published Vadim Yasinovsky's message in the work messenger Slack, airSlate has undergone management changes, with President and CEO Boris Shakhnovich leaving on July 7. Yasinovsky has once again taken over the CEO's duties.

“The Board of Directors would like to inform you of a change in senior management at airSlate. Borya is no longer President and CEO. We sincerely thank Borya for his contributions to airSlate and wish him all the best in the future. We are pleased to announce that Vadym, co-founder of airSlate, has assumed the position of President and CEO effective July 7, 2025. You will hear more from Vadym soon. On behalf of the entire Board of Directors, I want to express our confidence in Vadym and the airSlate team. We are very optimistic about the future of the company. Your commitment to our core values is important and appreciated. We are grateful for everything you do to make airSlate successful, for supporting each other, and for serving our customers,” the message from the airSlate Board of Directors reads.

Unicorn company airSlate, valued at $1.2 billion, was founded by Ukrainian investor Semen Dukach together with his friend, entrepreneur Vadim Yasinovsky. The latter immigrated to the United States as a teenager in 1978. Four years later, he founded Clear Software. In 1996, Yasinovsky sold it to SPSS Corporation for about $8.5 million. He launched several startups together with Boston angel investor Semen Dukach. It was in Boston that the founding team was joined by Boris Shakhnovich, who taught bioinformatics at Harvard.

airSlate was in the spotlight when it was revealed that the company had not left the Russian market after the full-scale invasion began. The company responded that it had an office in St. Petersburg, Russia, where about 20 specialists worked, some of whom were relocated to Georgia and Turkey.

In November 2022, the company's Ukrainian office laid off 60-70 people. In October 2024, it also became known that airSlate was laying off approximately 100 of its specialists . In January 2025, another 20 technical specialists were laid off. In both of the latter cases, restructuring was cited as the reason.