Zoho CEO Sridhar Vembu steps down to focus on R&D in his new role
Sridhar Vembu on Monday said he will step down as the Chief Executive Officer (CEO) of his software-as-a-service (SaaS) company Zoho. In a post on X, Vembu said he will take a new role as Chief Scientist in the company responsible for its deep research and development (R&D) initiatives.
“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,” Vembu said.