MUMBAI: After much speculation over who would replace Rahul Yadav as the CEO of Housing.com, after his controversial exit earlier this year, the company has found one of its own to fill up the position.
Housing.com has named Jason Kothari as the new CEO. Kothari joined the company as chief business officer in August this year.
The company's board unanimously appointed him to the new post on Thursday.
“Housing.com is one of those rare companies that have the potential to impact millions of people in their journey of buying, selling and renting homes. I am honoured that the Board has entrusted me with the responsibility of leading this dynamic company. We have built a world-class product and highly talented team, and it’s now time to rapidly progress towards our mission to build a world-class company,” said Kothari.
Prior to joining Housing.com, Kothari was Valiant Entertainment co-founder and CEO, where he led the successful acquisition and turnaround of former $65 million unit of video game company Acclaim Entertainment, which owns and controls a library of popular entertainment characters, resulting in a 50x company value increase and global media recognition calling the company “Marvel 2.0.”
Since August, Kothari has played an instrumental role on a number of key initiatives, including establishing a strong senior management team for the company by hiring chief financial officer Mani Rangarajan, general counsel Nandini Mehta, and the recently appointed CMO Nikhil Rungta.