New Delhi, Jan. 28 -- Sridhar Vembu the founder and CEO of tech giant Zoho Corporation has announced his surprising departure as chief executive officer (CEO) in an unexpected move. Zoho Corporation co-founder Shailesh Kumar Davey will lead the organization as group CEO in a major organizational transition.

Vembu made a platform transition announcement through X on January 27, 2025, that Says, "A new chapter begins today. Because of the various challenges and opportunities facing us, including recent major developments in AI, it has been decided that it is best that I should focus full-time on R&D initiatives, along with pursuing my rural development mission. I will step down as CEO of Zoho Corp and take a new role as Chief Scientist, re...