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.
Since 2013, Mr. Polovets has served as Lead Director of the Advisory Board of L1 Energy, a $15 billion private equity firm which owns oil and gas assets in Norway, German, Denmark and Egypt. He is also the Lead Non-Executive Director of the Board of Clal Industries, a major Israeli holding company with a diversified portfolio of investments in industrial, manufacturing, hi-tech, biotech and consumer sectors.
Mr. Polovets serves as the Chairman for Russia and Eastern Europe at Edelman, the largest global PR firm. He is also a member of the NYU President’s Global Council, the Board of Overseers of Stanford University’s Hoover Institution and the Council on Foreign Relations.
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.
Stan is a graduate of Stanford Business School and has a Master’s Degree from Stanford University in Russian and East European Studies. He and his wife Erina live in New York with their three children.