Flipkart’s vice president of products Saran Chatterjee has quit, in April, after three years in the company. Flipkart has confirmed the resignation to Medianama but declined to comment on his who will take over his position.
Prior to Flipkart, Chatterjee’s stints were in Yahoo, Fujitsu Mobileframe, OmegaMobile and Network Communications as Senior Director, Project Lead, and Marketing Consultant, as per his Linkedin profile.
In recent times, Flipkart is spending extravagantly to attract talent from Google and Yahoo so that it can compete with its rival Amazon in the ecommerce space in the country. Flipkart has reserved about 2.5% of its capital for possibly expanding its employee stock ownership plan (ESOP) as it plans to bring on board more top executives, as indicated by this ET Tech report.
Flipkart’s hiring spree in 2015
– Earlier in March and April, Flipkart had roped in two senior Google execs Punit Soni and Peeyush Ranjan for a reported $5-6 million annual packages. Sonit, the former VP of Product Management at Google’s Motorola Mobility division, joined Flipkart as its chief product officer. Peeyush Rajan was appointed as the ecommerce company’s head of engineering. In his most recent role, Rajan headed the engineering team for Google’s Android One project. Prior to that, he had served as the VP Engineering of the Motorola Mobility division
– Former Yahoo India R&D Head Hari Vasudev joined the company as senior VP of engineering, IT & analytics for Flipkart’s Supply Chain team. At the same time, Hathway Cable & Datacom’s president (digital platforms) Anand KV was appointed as senior VP of customer experience (commerce platform), and txtWeb co-founder Manish Maheshwari as VP and head of seller ecosystem.
– McKinsey’s Saikiran Krishnamurthy was appointed as COO of Commerce Division.
– The company had also appointed Tata Communications Global CFO Sanjay Baweja as its CFO, former CEO of Calvin Klein India Rishi Vasudev as its VP of fashion (retail), and Parameswaran Balakrishnan as its VP of HR for supply chain, last year.
Top management change
In November last year, Flipkart had reshuffled its top management and gave Myntra founder Mukesh Bansal more responsibility. Bansal had joined Flipkart after it acquiredMyntra in May last year. Following the reshuffle, Bansal started heading marketing besides leading all functions related to fashion. He was also made responsible for categories like computers and consumer electronics. At the time, former marketing chief Ravi Vora had been reassigned and tasked with ‘building consumer brands from the ground up’, while Flipkart Marketplace head Ankit Nagori also got a higher profile, and was expected to oversee general merchandise and book-retailing.