IPO-bound hospitality major Oyo s India Chief Executive Officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned.
A company spokesperson told Business Standard that the two had moved on from their roles six months ago in March 2023.
During the same period, Oyo had rejigged its top management, where the company s COO Abhinav Sinha was reassigned as Chief Product and Technology Officer, while Chief Business Development Officer Anuj Tejpal was reappointed as Global Chief Merchant Officer.
Both roles were already transitioned six months ago to Varun Jain, as COO India, and, Gautam Swaroop, as CEO OYO Vacation Homes, respectively, the company said.