Flipkart ropes in Amar Nagaram as CEO of Myntra & Jabong
Earlier, after the report of Ananth Narayanan quitting from Myntra to head Hotstar started resurfacing, Flipkart named Amar Nagaram as the CEO of the newly merged entity of Myntra and Jabong.
As soon as Narayanan moved out from Flipkart, Nagaram’s name cropped up taking up the role of CEO at Myntra and Jabong. Nagaram, who recently moved from Flipkart to Myntra as the chief technology and product officer (CTPO), will be reporting to Flipkart CEO Kalyan Krishnamurthy.
Prior to CTPO role, Nagaram was the Vice President at the consumer shopping experience for Flipkart since January 2016.
It has been reported that Narayanan was unwilling to take up the role of the merged entity as under the new structure he has to report to Krishnamurthy. Not only Narayanan but Myntra’s chief revenue officer (CRO) Mithun Sundar and Human Resources head Manpreet Ratia have reportedly put in their papers.
While Myntra’s integration with struggling Jabong also led to layoffs, Flipkart had made an attempt to keep around 60 key executives and employees through retention packages.
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