Sridhar Vembu, founder and CEO of Zoho Company, a Chennai-based tech agency, has stepped down because the CEO to take up Chief Scientist’s job within the firm.
The corporate’s co-founder Shailesh Kumar Davey will take over because the group CEO.
“A brand new chapter begins immediately,” he wrote on social media platform, X, on Monday (January 27, 2025).
He wrote: “In view of the assorted challenges and alternatives going through us, together with latest main developments in AI, it has been determined that it’s best that I ought to focus full time on R&D initiatives, together with pursuing my private rural improvement mission.”
“I’ll step down as CEO of Zoho Corp and take a brand new function as Chief Scientist, accountable for deep R&D initiatives. Our co-founder Shailesh Kumar Davey will function our new group CEO. Our co-founder Tony Thomas will lead Zoho US. Rajesh Ganesan will lead our ManageEngine division and Mani Vembu will lead the Zoho.com division,” he additional wrote.
Vembu’s publish additional mentioned, the way forward for Zoho fully trusted how effectively it navigated the R&D problem.
He closed his publish saying, “I’m wanting ahead to my new task with vitality and vigour. I’m additionally very completely satisfied to get again to palms on technical work”
Initially referred to as AdventNet, Inc., Chennai-headquartered Zoho Corp was based in 1996.
Printed – January 27, 2025 05:46 pm IST