Flipkart, has appointed Sriram Venkataraman as Chief Financial Officer (CFO) for Flipkart Commerce (Flipkart and Myntra), post exit of Emily McNeal, who held the role of Flipkart Group CFO since September 2018.
Flipkart has appointed Sriram Venkataraman as Chief Financial Officer (CFO) for Flipkart Commerce (Flipkart and Myntra). His appointment is effective immediately, and comes on the heels of exit of Emily McNeal, who held the role of Flipkart Group CFO since September 2018.
Sriram has been with Flipkart since September 2015. In his new role, Sriram will be responsible for key finance operations and functions at Flipkart and Myntra, including Tax, Risk Management and Treasury. He will also be responsible for Corporate Development at Flipkart, while Procurement, Planning and Analytics and Decision Sciences will continue to report to him.
Emily McNeal, the earlier Group CFO, has exited to return to the US to pursue a career opportunity outside the Walmart Group.
Speaking on this change, Kalyan Krishnamurthy, Chief Executive Officer, Flipkart Group, said, “We thank Emily for her leadership and guidance in strengthening the governance process and financial reporting at Flipkart post the Walmart investment. She has been instrumental in driving key investments that have enhanced our hyperlocal and fresh food capabilities, and has been a strong partner in our organisation’s Diversity and Inclusivity journey.”
“Sriram has consistently demonstrated his expertise managing several diverse functions at Flipkart and is well poised to take on the responsibilities as Flipkart Commerce CFO. I wish both Emily and Sriram the best for their future endeavors.”
Sriram will begin reporting to Chris Nicholas, Executive Vice President and CFO, Walmart International.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.