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Home Renting Firm Airbnb Appoints Amazon veteran as CFO

27Nov By Gauri SinghNo Comments

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Home Renting Firm Airbnb Appoints Amazon veteran as CFO

Home-renting company Airbnb has hired Amazon veteran Dave Stephenson as chief financial officer (CFO), ahead of a widely anticipated initial public offering next year. Stephenson's departure was followed by the exit of another Amazon veteran, Jason Warnick, who is leaving the e-commerce giant to become CFO at online brokerage startup Robinhood. Stephenson will start in early January, Airbnb said in a statement, and will replace Laurence Tosi, who left the company in February. Stephenson, who has worked at Amazon for 17 years, was most recently vice president and CFO of the online retailer's worldwide consumer organization, which is responsible for all of Amazon's global website sales including its Prime service. Airbnb, valued by private investors at $31 billion, has in recent ...

Urban Ladder Appoints Jaipal Singal as CFO

2Jun By Press Trust of IndiaNo Comments

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Urban Ladder Appoints Jaipal Singal as CFO

Home furnishing company Urban Ladder today said it has appointed Jaipal Singal as its Chief Financial Officer with immediate effect. Singal joins Urban Ladder from Arvind fashion brands and has also been associated with Marks & Spencer and Mahindra Retail, Urban Ladder said in a statement. He will lead the charge to improve the companys profitability and set benchmark corporate governance standards, it added. Urban Ladder aims to break even in the next 18 months and is targeting an IPO in the next four years. "We are very excited to have Jaipal on board at a time when we have made a strategic shift from being an e-commerce company to a retail brand. His vast experience in the retail sector is a fantastic addition for us," Urban Ladder CEO and co-founder Ashish Goel said.

No Impact of Brexit on Mahindra Group: V S Parthasarathy, Mahindra Group CFO

24Jun By sharadNo Comments

Entrepreneurs Talk

No Impact of Brexit on Mahindra Group: V S Parthasarathy, Mahindra Group CFO

Britain's exit from the European Union will have a muted impact on the over USD 17 billion Mahindra Group, but the event highlights the importance of sound risk management for the corporate world, the Group said today. The farm equipment to aerospace group, which has presence in the UK mostly in the IT and auto sectors, however said Brexit will result in uncertainty in the immediate aftermath which will moderate over time. "The impact on India and Indian industries will not be significant. No impact on M&M Ltd, the impact on Mahindra Group will be muted. As a group, our resilience will stand us in good stead and we are poised to take advantage of any opportunities that may emerge," Mahindra Group CFO, V S Parthasarathy said in a statement. He further said: "Brexit, was not a black...

Ola ropes in ex Infosys CFO Rajiv Bansal to head finance

26Nov By AnkitaNo Comments

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Ola ropes in ex Infosys CFO Rajiv Bansal to head finance

Taxi aggregator Ola today said it has appointed former Infosys Chief Financial Officer Rajiv Bansal to head finance operations as part of its expansion drive in the country. Bansal, who announced his resignation from the country's second largest software services firm in October this year, will join the Softbank-backed Ola in January 2016. "Rajiv brings close to 21 years of experience in finance with over 16 years at Infosys, where he was the CFO and recently transitioned to being an advisor to the CEO. Rajiv will be part of Ola's core leadership team," Ola said in a statement. Mitesh Shah, who is currently the CFO, will lead strategic finance initiatives as part of Bansal's team, it added. "We are thrilled to welcome Rajiv on board. He brings with him a wealth of experience f...

Housing.com appoints Mani Rangarajan as CFO

18Oct By Press Trust of IndiaNo Comments

News

Housing.com appoints Mani Rangarajan as CFO

New Delhi: Realty portal Housing.com has appointed Mani Rangarajan as chief financial officer (CFO) to strengthen its senior management team. Mr Rangarajan has held executive level roles in companies such as Citigroup and Yahoo. He has also been involved with several start-ups in India in advisory roles, SoftBank-backed portal Housing.com said. (more…)