After scandal cost Rajesh Agarwal his job, Micromax CEO Deepak Mehrotra too quits, Rahul Sharma to fill vacuum

Oct 19 2013, 19:31 IST
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Deepak Mehrotra had joined Micromax in December 2011 (PTI) Deepak Mehrotra had joined Micromax in December 2011 (PTI)
SummaryDeepak Mehrotra has stepped down on account of personal reasons, says Micromax.

Homegrown cellular phone handset maker Micromax said here today that its CEO Deepak Mehrotra has quit the firm. "Deepak Mehrotra has stepped down from the position of CEO Micromax, on account of personal reasons," Micromax said in an emailed response.

This come close in the wake of a scandal that hit Micromax. In August this year, Micromax Managing Director Rajesh Agarwal had also resigned, after allegations of paying a Rs 30 lakh bribe to Municipal Corporation of Delhi (MCD) officials. The Central Bureau of Investigation had named Agarwal and Manish Tuli, a senior company executive, in its chargesheet.

The company is in the process of identifying his successor and in the interim, Micromax co-founder Rahul Sharma would work closely with the team, it said.

Deepak Mehrotra had joined Micromax in December 2011 and was responsible for product revamp, trade partnerships and overall business performance of the company.

Prior to Micromax, he had worked at Airtel as operations director (mobility business) for eight years. He was also associated with Coca Cola and Asian paints.

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