Info Edge, the parent company of Naukri.com, on October 28 announced a leadership transition, with managing director and chief executive Hitesh Oberoi set to step down from his full-time operating role after nearly 27 years at the company.
Oberoi will cease to be managing director and CEO at the close of business on December 2, 2026, and will join the board as a non-executive, non-independent director from December 3, subject to shareholder approval, the company said in a regulatory filing.
Info Edge co-founder Sanjeev Bikhchandani will take over as executive vice chairman, managing director and group CEO from December 3. His appointment will run until April 26, 2031, co-terminus with his existing term as a director, and is also subject to shareholder approval.
Oberoi’s decision follows what the company described as careful consideration. He plans to devote more time to his interests in education, entrepreneurship, institution building, investing and philanthropy, as well as spend more time with his family.
The board acknowledged Oberoi’s contribution to Info Edge over nearly three decades, crediting him with helping build and strengthen the company’s businesses and leadership team.