ThinkStock PhotosMumbai: Flipkart has elevated Jeyandran Venugopal as its chief product and technology officer (CPTO), as part of a rejig in its senior management. The move is significant as the product and engineering teams in Flipkart will now report to Venugopal, marking a deviation from how the two teams were structured so far.
A technology veteran, Venugopal, was earlier a senior vice-president of engineering and product at the online retail firm and has had stints at Amazon Web Services and Yahoo, among others.
Till recently, he was Myntra-Jabong’s CPTO and moved to Flipkart in December last year.
“We are strengthening our technology capabilities every day and Jeyandran will play an anchor along with the most talented team that we have. In his new role, he will continue to strengthen the team, tech investments and help implement new technologies,” Flipkart Group CEO Kalyan Krishnamurthy, said in a statement.
Flipkart has also promoted other executives to senior vice-presidents, who are typically part of the company’s senior leadership group. These include Adarsh Menon, the head of its private labels and electronics, Phanimohan Kalagara, vice-president of engineering, and Sakait Chaudhary, who oversees financial planning and investor relations.
The changes come on the back of Flipkart’s recently concluded Big Billion Days (BBD) sale.
Krishnamurthy had claimed leadership position during the BBD, saying the ecommerce company had cornered more than 70% share of the market in the six-day period. Rival Amazon, too, said it had led the festive season sales.
In September, ET reported that Flipkart designated five employees as vice presidents in preparation for its flagship sale.
A technology veteran, Venugopal, was earlier a senior vice-president of engineering and product at the online retail firm and has had stints at Amazon Web Services and Yahoo, among others.
Till recently, he was Myntra-Jabong’s CPTO and moved to Flipkart in December last year.
“We are strengthening our technology capabilities every day and Jeyandran will play an anchor along with the most talented team that we have. In his new role, he will continue to strengthen the team, tech investments and help implement new technologies,” Flipkart Group CEO Kalyan Krishnamurthy, said in a statement.
Flipkart has also promoted other executives to senior vice-presidents, who are typically part of the company’s senior leadership group. These include Adarsh Menon, the head of its private labels and electronics, Phanimohan Kalagara, vice-president of engineering, and Sakait Chaudhary, who oversees financial planning and investor relations.
The changes come on the back of Flipkart’s recently concluded Big Billion Days (BBD) sale.
Krishnamurthy had claimed leadership position during the BBD, saying the ecommerce company had cornered more than 70% share of the market in the six-day period. Rival Amazon, too, said it had led the festive season sales.
In September, ET reported that Flipkart designated five employees as vice presidents in preparation for its flagship sale.
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