Myntra-Jabong CMO and CSO to exit end of this year
Ananth Narayanan, CEO of Myntra-Jabong will continue to head Jabong, and Manohar Kamath, CXO & Chief of Myntra Fashion Brands will take over as interim Head of Categories
According to media reports, in an email circulated within the organisation by Ananth Narayanan, CEO of Myntra-Jabong, it said that the Chief Marketing Officer of Myntra and Head of Jabong, Gunjan Soni, and Chief Strategy Officer and Head of Categories of Myntra, Ananya Tripathi, have decided to leave the organisation. Both will continue to work till the end of this year.
Narayanan wrote in the email, “Gunjan has played a key role in firmly positioning the brand Myntra as the leading destination for fashion and lifestyle. Ananya has played a key role in strategy and made five successful acquisitions, including Jabong.”
Narayanan will continue to head Jabong, working closely with the teams on a daily basis. Manohar Kamath, CXO & Chief of Myntra Fashion Brands will take over as interim Head of Categories along with his current portfolio.
According to sources in the media report, Soni is going to work at Singapore-based online fashion company Zalora as its CEO, whereas Tripathi will join a global investment firm KKR as an operating partner.
Only a few months ago, retail giant Walmart invested $16 billion in Flipkart, the parent company of Myntra and Jabong. Walmart recently transferred four of its senior leaders to Flipkart Group, including Walmart’s M&A Head Emily McNeal who joins as Senior Vice President and Group Chief Financial Officer. Earlier this year, Myntra announced its plans to launch 100 stores in the next two years while continuing to push their in-house brands.
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