Flipping Executives at Flipkart

Flipkart's SVP (engineering) Peeyush Ranjan, who was the chief technology officer at the company till a few months back, has resigned, adding to the list of top-level exits that have hit the e-tailer since last year, reports Times of India. Ranjan, a former Google executive, joined the e-commerce major in May last year along with another Googler, chief product officer Punit Soni, who also has quit the Bengaluru-based online retailer. Both these high-profile Silicon Valley hires were reportedly drawing $1 million in cash and stock options.

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