Ukraine’s Burisma Holdings Brings John Kerry’s Family Friend and Vice President Joe Biden’s Son on Board

- May 14th, 2014

The Wall Street Journal reported today that Burisma Holdings, a gas company based in Ukraine and controlled by a former energy official who served under Ukranian ex-president Viktor Yanukovych, has seen the son of vice president Joe Biden added to its board. A college roommate of Secretary of State John Kerry’s stepson has also joined the board of the company.

The Wall Street Journal reported today that Burisma Holdings, a gas company based in Ukraine and controlled by a former energy official who served under Ukranian ex-president Viktor Yanukovych, has seen the son of vice president Joe Biden added to its board. A college roommate of Secretary of State John Kerry’s stepson has also joined the board of the company. According to the Journal, the White House press secretary and vice president’s office stated that the two men are independent and that their work with Burisma does not relate to the U.S. government.

As quoted in the publication:

The board appointments come amid a broader push at Burisma to step up standards and investment. Alan Apter, an American investment banker who has worked in the former Soviet Union, joined Burisma as chairman of the board last year and received a mandate to improve the company’s corporate governance and attract foreign capital. He said he met Mr. Archer, a longtime financier and entrepreneur, through mutual friends and invited him and later Mr. Biden to join the board.

Click here to read the full Wall Street Journal article.

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