FLIPKART RESHUFFLES SENIOR MANAGEMENT

In the first significant management reshuffle since Walmart Inc. bought a majority stake in Flipkart, several top and mid-level executives have been moved to a number of new roles, while other leaders have been moved from Flipkart to Myntra and vice versa, as Flipkart chief executive officer (CEO) Kalyan Krishnamurthy looks to place key lieutenants across critical business units. Since the end of the key Diwali season sale, Flipkart has moved a number of senior managers to new roles, as Krishnamurthy looks to tighten the e-commerce firm’s performance across all units and reduce Flipkart’s reliance on smartphones, which still generates well over 50% of Flipkart’s overall sales.