Zomato's senior level exits worry restaurant partners

The company may scout for internal candidates to move up to leadership roles

- Suneera Tandon

A string of recent top-level exits at Zomato has sent jitters through the restaurant ecosystem, which feels that a more stable senior management is vital for the food delivery giant, even though business operations may remain unaffected.

"What I'm more worried about is who is the next capable guy to lead the business, especially as a partner who is dependent on them. What brought them to the leading position was their execution. Now, what will allow them to stay on top is execution-if you do not have the right people for the right kind of execution, it is worrying," said the owner of a mid-sized restaurant chain that works with multiple food aggregators. While such changes are "temporary", "I think somebody or the other will step up to tackle it, but this temporary pain is what I'm worried about", he added.

Zomato, which was listed on the stock exchanges in 2021, has seen several high-profile exits in recent times. Its co-founder and chief technology officer Gunjan Patidar resigned earlier this week. In November, it saw the exit of another co-founder Gupta, Mohit besides the head of new initiatives Rahul Ganjoo and vice president, global growth Siddharth Jhawar.