Deepinder Goyal resigned as Group Chief Executive Officer (CEO) of Eternal

Key facts

• Deepinder Goyal resigned from his position as the Group Chief Executive Officer (CEO) of Eternal, the company that operates Zomato and Blinkit.
• Albinder Dhindsa was appointed as the new Group CEO of Eternal, succeeding Deepinder Goyal.
• Deepinder Goyal will transition to the role of Vice Chairman of the board of directors at Eternal, subject to shareholder approval.
• Albinder Dhindsa previously served as the leader of Blinkit and oversaw its journey from acquisition to breakeven.
• Deepinder Goyal’s unvested Employee Stock Ownership Plans (ESOPs) will be returned to the company's ESOP pool as part of the leadership transition.
• Deepinder Goyal stated that his decision to step down was driven by a desire to pursue high-risk exploration and experimentation outside of a public company framework.