Why Sridhar Vembu step down from CEO position ?
The main reason of stepping down from ceo position is that he will focus on AI and R&D Development in a new role as Chief Scientist.
He wrote in X “A new chapter begins today. In view of the various challenges and opportunities facing us, including recent major developments in AI, it has been decided that it is best that I should focus full time on R&D initiatives, along with pursuing my personal rural development mission. I will step down as CEO of Zoho Corp and take a new role as Chief Scientist, responsible for deep R&D initiatives”.
He also wrote in X “The future of our company entirely depends on how well we navigate the R&D challenge and I am looking forward to my new assignment with energy and vigor. I am also very happy to get back to hands on technical work“.
Who is Sridhar Vembu ?
Sridhar Vembu, the founder of Zoho Corporation, a tech firm based in Chennai, India. He was born in 1968 into a middle-class family in a village in Thanjavur district, Tamil Nadu. He completed his bachelor’s degree in Electrical Engineering from the Indian Institute of Technology, Madras in 1989, before going on to earn his MS and PhD from Princeton University in New Jersey. Zoho founded in 1996 by Sridhar Vembu and Tony Thomas.