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Myntra-Jabong CEO Ananth Narayanan likely to quit

Nov 15, 2018 by The Passage Team
Myntra-Jabong CEO Ananth Narayanan likely to quit

Ananth Narayanan, chief executive officer (CEO) of online fashion retailers Myntra and Jabong, is likely to step down from the position after parent Flipkart rejigged its reporting structure, following the exit of co-founder and Group CEO Binny Bansal on Tuesday.

While the Walmart-backed company has said it is going to be business as usual, multiple sources told Business Standard that the change in the reporting structure is a precursor to the integration of Myntra and Jabong with the larger Flipkart Fashion unit.

Source: Business Standard

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