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X Names COO Rishabh Gupta As Its Interim CEO Names COO Rishabh Gupta As Its Interim CEO

Mumbai-based, has named its chief operating officer Rishabh Gupta as the interim chief executive, a week after the former CEO Rahul Yadav got fired from the company.

Rishabh’s appointment is effective immediately. Jonathan Bullock, SoftBank’s representative on Housing’s board, said in an internal email, “We believe and expect that his principled leadership, tenacity, and determination will position us well,”

Rishabh Gupta, Company’s first Angel Investor Haresh Chawla, and CTO- Abhishek Anand will also be joining the operating committee.

“These changes are both timely and necessary,” Bullock said in his email.”India’s real estate market is a winner-takes-all race, with a multi-billion dollar prize. With the best product, and the best team, we have put ourselves absolutely in pole position, but this race is just beginning,” he added.

Just a week ago, Rahul Yadav was fired from the company for his consistent bad behavior.

Related: The Rise and Fall of Housing’s Rahul Yadav [Timeline]

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