Ola’s COO Arun Srinivas And Senior VP Sanjiv Saddy Resigns
Carson Dalton, a ranking executive at the Ola Mobility Institute likewise surrendered to join Coca-Cola.
Arun Srinivas, who as of not long ago was Ola's head working official and worldwide head advertising official, has surrendered and is serving notice, as indicated by three exceptionally positioned sources. He leaves the organization precisely a year after he joined. A previous VP at Unilever, Srinivas had joined Ola after a spell at private value firm Westbridge Capital driving its interests in shopper vertical. Sanjiv Saddy, senior VP, strategy and government undertakings at Ola likewise quit.
Srinivas, who was presented as head working official, till about fourteen days back in Ola's press communications incorporating the most recent with the ETBrandEquity, is anyway assigned boss deals and advertising official in its announcement.
Srinivas, the most recent CXO-level exit from Ola, had an extended job in the organization. As COO he possessed the P&L of the lead taxi flagging down business in India as Aggarwal situated himself as the gathering CEO administering a variety of organizations including the electric mobilility, money related administrations, nourishments business and universal extension. Srinivas was likewise worldwide head showcasing official, His LinkedIn profile says he had driven the ongoing London dispatch of Ola in February this year.
Srinivas' exit follows that of Nitin Gupta, CEO of Ola Financial Services and Sanjiv Saddy, senior VP, strategy and government undertakings at Ola. The CEO Aggarwal had before said the organization saw 95% decrease in income following versatility limitations in urban areas. Ola terminated 1400 individuals on rolls. It likewise greatly scaled back agreement employments to the tune of around 2000 in the ongoing months. Additionally, the organization upheld a sharp decrease in compensation at the high level.
Ola confirmed these exits. “Arun Srinivas, Chief Sales & Marketing Officer and Sanjiv Saddy, SVP- Corporate Affairs, are moving on to pursue other opportunities outside of Ola. The organization wishes them well in their future endeavours.”