Tata Comm.'s Sanjay Baweja to join Flipkart as CFO
Online retail firm Flipkart is set to get a new chief financial officer after a hunt of more than a year. Sanjay Baweja, chief financial officer at Tata Communications, is expected to join the company in the next few weeks. "They (Flipkart) have been looking for a suitable person from the FMCG sector for quite some time now and have finally identified Sanjay as their candidate," said a person who has direct knowledge of the offer. The company, the person said, has offered a salary of Rs 4 crore. There is also a milestone-linked bonus component, apart from employee stock options. When contacted, Flipkart said it "will not be able to comment on market speculations".
Read the Economic Times news report here.