Stan Polovets, Co-founder, Chairman, and CEO
Co-founder, Chairman, and CEO
Stan Polovets is the co-founder, Chairman and CEO of The Genesis Prize Foundation (GPF). He also co-founded and led Genesis Philanthropy Group (GPG) for the first seven years since its inception in 2007.
Mr. Polovets is the former CEO of the Alfa-Access-Renova (AAR) Consortium, which managed $30 billion in oil and gas assets in Russia, Ukraine, Brazil, Vietnam, Venezuela and Iraq. AAR’s main asset was TNK-BP, one of the world’s 10 largest private oil companies. In 2013, AAR sold its 50% stake in TNK-BP to Rosneft for $28 billion.
From 2013 to 2019, Mr. Polovets served as the Lead Non-Executive Director for L1 Energy, a $15 billion private equity firm which owned oil and gas assets in Norway, Germany, Denmark and Egypt. In May 2019, L1 Energy merged its assets with Germany’s Wintershall, creating the largest independent oil and gas company in Europe.
From 2014 to 2020, Mr. Polovets served as Senior Advisor to Access Industries, a privately-held industrial group with long-term holdings in natural resources, chemicals, media telecoms and real estate. Mr. Polovets represented Access as the Lead Non-Executive Director of the Board of Directors of Clal Industries, a major Israeli holding company with a diversified portfolio of investments in industrial, manufacturing, hi-tech, biotech and consumer sectors. He also served as the lead director on several of Clal’s key subsidiaries, including Nesher and Taavura.
In May 2020, Mr. Polovets was elected chairman of the board of directors of Anchiano Therapeutics Ltd, a NASDAQ-listed biopharmaceutical company dedicated to the discovery, development and commercialization of novel targeted therapies to treat cancer in areas of significant clinical need located in Cambridge, MA.
Mr. 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. From 2014 to 2019, he served on the Board of Overseers of Stanford University’s Hoover Institution.
In 2006, Mr. Polovets founded and served as the chairman of the Vnimanie Foundation, a non-profit organization dedicated to supporting Russian children with learning disabilities and behavioral disorders.
Mr. Polovets is a graduate of Stanford Business School and has a Master’s Degree from Stanford University in Russian and East European Studies. He lives in New York.