Leading budget phone maker Micromax on Thursday said its CEO Vineet Taneja resigned from the company to pursue other interests. “Vineet has moved on to pursue other interests. We would like to thank him for his contribution and wish him good luck,” said Micromax in a statement. It said that the business is as usual in the company. Also Read - 5 delayed smartphone launches in India due to COVID-19 in May 2021Also Read - Micromax In 1 goes on sale in India today on Flipkart: Top 5 features, price of all variants
“The co-founders and senior leadership are very well entrenched into the operations and the business is as usual,” the statement added. Micromax was founded in 2000 by Rahul Sharma, Sumeet Arora, Vikas Jain and Rajesh Agarwal. Also Read - Micromax In 1 first impressions: Solid competition for Poco M3
Vineet Taneja joined Micromax in July 2014, after heading Samsung India prior to his appointment. He s also had a brief stint at Bharti Airtel and a long one at Nokia, where he held multiple roles including heading the company s marketing. Taneja was one of the senior executives, along with Sanjay Kapoor, that Micromax hired in 2014 to have a professional leadership.
Micromax is the second largest mobile phone and smartphone brand in India after Samsung and is the largest Indian brand in the country.