Top Story

e4m_logo.png

Home >> Digital >> Article

Nikesh Arora steps down as SoftBank President

22-June-2016
Font Size   16
Share
Nikesh Arora steps down as SoftBank President

Nikesh Arora,  President of Japan's SoftBank will step down from his role, the company said today.
 
His resignation was announced a day after SoftBank said a special committee investigating allegations raised by one group of investors found that the group’s claims were “without merit.”
 
Arora, who took over as president of SoftBank in May 2015, was seen as a potential successor to billionaire CEO Masayoshi Son.
 
"Masayoshi Son, Chairman & CEO of SBG, had been considering Arora as a strong candidate for succession. Son's intention was to keep leading the Group in various aspects for the time being, while Arora wished to start taking over the lead in a few years' time. The difference of expected timelines between the two leads to Arora's resignation from the position of Representative Director and Director of SBG with the expiration of the term of office and his next steps," SoftBank said in a statement.
 
Before joining SoftBank, Arora was a longtime executive at Google Inc., where he oversaw all revenue and customer operations at the internet giant as well as marketing and partnerships.

 

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

Luis Fonsi, Rita Ora, Jain of Makeba fame , Dimitri Vegas, Jason Derulo, Charly Black and Dasu, J Balvin, Parineeti Chopra, Tiger & Jackie Shroff speak exclusively to the radio channel

The Film-Maker, as the host of ‘Calling Karan’, Will Be Just A Phone Call Away From Listeners Seeking Advice On Love & Relationship

The group aims to double its FMCG turnover to Rs. 1,000 crore over four years.