Walmart Inc’s Flipkart unit is considering naming a new Group CEO in place of Binny Bansal, the co-founder of the e-commerce firm. As per a report by Mint Daily. Flipkart CEO Kalyan Krishnamurthy is one of probable names for the position. However, Walmart is considering both internal and external candidates for the aforementioned position.
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This action is a direct outcome of Binny Bansal’s recent non-involvement with the daily operations of the e-commerce firm. Bansal, however, will still remain the chairman of the company, the Mint Daily report added further.
Although this news is creating a lot buzz in the Indian tech market, an official statement from Flipkart still awaits.