OYO Hotels & Homes (OYO) Tuesday announced the appointment of Dr. W. Steve Albrecht as non-executive director on the company’s board. In a separate development, Grofers Chief Technology Officer (CTO) Jacob Singh has resigned after an almost three-year stint.
OYO appoints non-executive director
OYO Hotels & Homes (OYO) Tuesday announced the appointment of Dr. W. Steve Albrecht as a non-executive director on the company’s board of directors.
As a non-executive director of the board, Albrecht will play a supervisory role and guide the founder and management on key business decisions, OYO said in a statement.
Albrecht is a former president of the American Accounting Association and the Association of Certified Fraud Examiners. As a professor, he taught full-time at the University of Illinois, Stanford and Brigham Young University. He is also a certified public accountant, internal auditor and fraud examiner.
“Steve is an expert and a thought leader who will help us deliver on sustainable growth, operational and service excellence, and help us continue building a strong culture of corporate governance and accountability,” Ritesh Agarwal, founder and group CEO, OYO Hotels & Homes.
Grofers CTO Jacob Singh quits
Grofers Chief Technology Officer (CTO) Jacob Singh has resigned after an almost three-year stint at the online grocery delivery startup.
According to a report in Entrackr, Singh’s decision to quit the company came in the pre-COVID-19 lockdown period.
An alumnus of Berkeley City College, Singh was instrumental in the design, launch and scaling of Grofers’ paid loyalty program. According to his LinkedIn profile, Singh led the tech team from 50 to 220 at Grofers and scaled it up to $600 million GMV from $40 million in three years.