Housing.com has finally put an end to its tumultuous relationship with CEO Rahul Yadav by showing him the exit door. His attitude towards the company's investors, partners and the media is believed to be the reason for his ouster.
According to a report by The Economic Times, the decision was taken at the company board meeting in Mumbai on Wednesday. "The board believed that his behaviour is not befitting of a CEO and is detrimental to the company," the report quoted a source as saying.
Housing.com is now in search of an interim CEO.
Yadav was asked to leave the company premises immediately after the board meeting, since he had "nothing to do with Housing.com anymore".
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According to the report, the company's main investor, SoftBank, had even called in the police, anticipating incidents of violence following the decision. "But Yadav quietly left the premises".
Here's a key to what's happened these past few months: