Zoho’s Sridhar Vembu Steps Down, Shailesh Davey Is New CEO
Moneylife Digital Team 27 January 2025
Zoho Corporation's founder Sridhar Vembu has decided to step down as cheif executive officer (CEO) to focus on research & development (R&D) activites as chief scientist. 
 
In a post on X, Mr Vembu says, "In view of the various challenges and opportunities facing us, including recent major developments in artificial intelligence (AI), it has been decided that it is best that I should focus full time on R&D initiatives, along with pursuing my personal rural development mission. I will step down as CEO of Zoho Corp and take a new role as chief scientist, responsible for deep R&D initiatives."
 
"Our co-founder, Shailesh Kumar Davey will serve as our new group CEO. Our co-founder Tony Thomas will lead Zoho US. Rajesh Ganesan will lead our ManageEngine division and Mani Vembu will lead the Zoho.com division," he added.
 
 
In 1996, Mr Vembu, along with two of his brothers, founded a software development house for network equipment providers called AdventNet. The company was renamed Zoho Corporation in 2009, focusing on providing software-as-a-service (SaaS) support to customer relationship management (CRM) services.
 
Zoho provides a cloud-based software suite that offers business applications for productivity, collaboration and more.
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