Just a little over a year after being named chief executive officer (CEO), Oyo Hotels & Homes’ top boss Aditya Ghosh will move to a board position at the company, handing over the reins to Rohit Kapoor, the CEO of Oyo’s new real estate business.
The move comes at a time when Oyo has started talking of its initial public offering plans and has just been valued at over $10 billion. In a letter to employees earlier on Monday, Ghosh outlined a broad strategy he will follow in his new role.
Ghosh, who joined Oyo from IndiGo Airlines where he