Swiggy Reshapes Board Post-IPO as SoftBank, Accel Nominees Exit
10 Articles
10 Articles
Swiggy strengthens board independence with new appointment
Swiggy names Noon CEO Faraz Khalid as independent director, boosting board independence post-IPO. SoftBank's Sumer Juneja and Accel's Anand Daniel exit board, mirroring governance transitions seen in other SoftBank-backed firms like Meesho and Paytm.
Swiggy Rejigs Board After Stock Market Listing, Exits of SoftBank, Accel Representatives
Get latest articles and stories on Latest News at LatestLY. Swiggy on Friday announced the restructuring of its Board with the appointment of noon CEO Faraz Khalid as an independent director and the resignation of Sumer Juneja and Anand Daniel, non-executive and non-independent directors who represented key investors SoftBank and Accel, respectively. Latest News | Swiggy Rejigs Board After Stock Market Listing, Exits of SoftBank, Accel Represent…
Swiggy appoints Faraz Khalid as independent director as investor representatives step down
New Delhi: Swiggy, has announced changes to its Board structure following its public listing. The company has appointed Faraz Khalid, CEO of Middle East-based e-commerce platform noon, as an independent director, subject to shareholder approval. At the same time, investor representatives Sumer Juneja of Softbank and Anand Daniel of Accel have stepped down from their roles as non-executive, non-independent directors. Both have been associated wit…
Swiggy Rejigs Board After Stock Market Listing; SoftBank, Accel Representatives Exit
Swiggy on Friday announced the restructuring of its board with the appointment of chief executive officer Faraz Khalid as an independent director and the resignation of Sumer Juneja and Anand Daniel, non-executive and non-independent directors who represented key investors SoftBank and Accel, respectively.The move is aimed at steering the e-commerce and food delivery platform's board towards an independent structure after Swiggy's IPO last year,…
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