Zomato’s growing appetite: Moves to multiple-CEO structure for biz

Online food delivery aggregator Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal. In an internal message to employees, Founder and Chief Executive Officer (CEO) Deepinder Goyal said the company is at a stage where it has matured from running a single business to running multiple and large companies.

The restructuring is happening after the shareholder approved the Blinkit acquisition.

“We are transitioning from a company where I was CEO to a place where we will have multiple CEOs running each of our businesses — all acting as peers and working as a super-team towards building a single, large, and seamless organisation,” wrote Goyal.