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Madhav Sheth formally introduced his departure from Chinese smartphone maker Realme. Sheth was appointed as Realme India CEO five years in the past and solely stepped down from his position earlier this yr to be appointed as Vice President for Business and Corporate Strategy (Global).
Madhav Sheth introduced his exit from the corporate in a letter at Twitter, the place he additionally confirmed Realme Founder and CEO Sky Li will oversee operations within the area. As Realme India CEO, Sheth oversaw the launch of the Realme 2 in India again in 2018.
What’s subsequent for Madhav Sheth?
Sheth talked about that he would now cheer on Realme from the sidelines, serving as a strategic advisor to Realme India for its “development strategy, global product observations, market insights, and operating suggestions.” In his tweet, Sheth mentioned, “Farewell for now, but our paths may cross again soon, and that’s something to look forward to building a better and bigger me.”
“The Government of India has taken many steps towards enhancing Indian exports for many years, and I am happy to be a part of this and support the government’s export plan.” He mentioned instructed CEO Li that it was time for him to contribute his share to India’s export enterprise. However, final week report emerged that Sheth may oversee Honor’s return to the Indian market.
Goodbye will be disheartening, however world is simply too small till we meet once more.
Farewell for now, however our paths might cross once more quickly, and that is one thing to look ahead to constructing a greater and greater me. #Goodbye #UntilWeMeetAgain pic.twitter.com/sXSG06DFIR— Madhav Sheth (@MadhavSheth1) June 14, 2023
Madhav Sheth and Realme: A historical past of success!
Sheth mentioned, “After five years at Realme, it’s time for me to move on and start a new journey. Realme has been an integral part of my life, a brand that was more than just an organisation; it has been my home, passion, and purpose. I am proud of everything we accomplished together over the past five years as we grew the brand and watched it proliferate.”
In his tenure as Realme India CEO, Sheth noticed the model hit a number of milestones within the nation.
- Realme turned the fastest-growing smartphone model in India
- Realme turned India’s second-largest smartphone model
- Realme turned the “primary high quality smartphone model in India
Realme is but to announce a successor to Sheth and founder Sky Li will at the moment oversee operations within the area. However, a spokesperson for Realme mentioned that operations will proceed seamlessly.
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revealed: Wednesday, June 14, 2023, 18:10 [IST]
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