financetom
Business
financetom
/
Business
/
Top level exodus at Ola’s international operations
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top level exodus at Ola’s international operations
Oct 21, 2019 3:15 AM

At least six top executives from Ola's international operations in UK, Australia and New Zealand have resigned, sources told Moneycontrol.

These include Ben Legg (Managing Director of Ola UK), Emma Kenelm (Chief Marketing Officer of Ola UK), Natalie Brown (head of HR, Ola UK), Stewart F. Brown(Operations Manager and Sydney Operations Manager at Ola), Tyler Stead (New Zealand Operations Manager at Ola) and Kashif Amjad (CFO and Financial Director -- Australia and New Zealand at Ola).

“Ben Legg was asked to leave very unceremoniously,” one of the sources said, “Bhavish Aggarwal is not happy with the company’s performance in the UK. Ola is bleeding in London. Ben had come to India for a review, and he was asked to leave.”

According to Legg’s LinkedIn, Legg is also on Ola UK’s board, a position which he started holding in August 2019. It is not clear whether he has stepped down from the board, too. Meanwhile, Harish Abhichandani, Group Chief Financial Officer of Ola has been made the interim business head of the UK operations.

Ola had launched its international business last year, with it entry into Australia followed by the UK and New Zealand. The company had plans to enter the US, too. “The US plan has been shelved, but there are other countries in Europe that might be launched,” said another source.

Ola has been losing top executives over past few months as reported by Moneycontrol​. Among those who have left the company are Pranav Tiwari, the head of engineering of Ola, and Sarmad Nazki, the head of finance at Ola Electric Mobility, have left the Bengaluru-based company, Pallav Singh (Senior Vice-President and one of the oldest Ola employees), Saikiran Krishnamurthy (Senior Vice-President of Growth) and Joy Bandekar (Corporate President of New Initiatives).

Ola had not responded to an email query sent on Monday morning by Moneycontrol. We will update the story as soon as we hear from Ola.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
Oct 3, 2024
(Reuters) - A self-driving Tesla carrying a passenger for Uber ( UBER ) rammed into an SUV at an intersection in suburban Las Vegas in April, an accident that sparked new concerns that a growing stable of self-styled robotaxis is exploiting a regulatory gray area in U.S. cities, putting lives at risk. Tesla CEO Elon Musk aims to show off...
Tesla to recall over 27,000 Cybertruck vehicles over rear-view image delay
Tesla to recall over 27,000 Cybertruck vehicles over rear-view image delay
Oct 3, 2024
Oct 3 (Reuters) - Tesla said on Thursday it would recall most Cybertrucks in the U.S. due to delayed rear-view camera images that could impair driver visibility and increase crash risks, adding that a software update would resolve the issue. The recall covers more than 27,000 Cybertrucks, Tesla said in a report filed with the U.S. National Highway Traffic Safety...
Update: Levi Strauss Fiscal Q3 Adjusted Earnings Beat But Sales Miss Forecast; Shares Sink Premarket
Update: Levi Strauss Fiscal Q3 Adjusted Earnings Beat But Sales Miss Forecast; Shares Sink Premarket
Oct 3, 2024
06:06 AM EDT, 10/03/2024 (MT Newswires) -- (Updates with the stock move in the headline and first paragraph.) Levi Strauss (LEVI) shares were down more than 11% in recent premarket activity Thursday after the company overnight reported net revenue that missed the average analyst estimate compiled by Capital IQ, taking the shine out of its adjusted earnings beat. The company...
Analysis-US office market shows signs of bottoming after big discount sales
Analysis-US office market shows signs of bottoming after big discount sales
Oct 3, 2024
(Reuters) - The beleaguered U.S. office property market may be bottoming out, analysts told Reuters, pointing to a string of sales of stressed properties at big discounts over the last quarter that have helped set a new pricing benchmark. The U.S. office property market has been hard hit since the pandemic by higher interest rates and as many office workers...
Copyright 2023-2026 - www.financetom.com All Rights Reserved