Amazon India's largest seller, Cloudtail, a joint venture between N R Narayana Murthy's Catamaran Venture and Amazon, has brought in a senior level executive from the e-tailer as its new CEO.
The JV partners have done an interesting swap of executives wherein Cloudtail has roped in Sumit Sahay, who was previously Amazon's director for category management as its CEO, while Madhu M, the erstwhile chief of Cloudtail has taken over Sahay's role at Amazon, as per sources.
Sahay joined the board of Cloudtail last month, regulatory filings from the registrar of companies showed.
A spokesperson of Cloudtail confirmed Sahay taking over as the CEO of Amazon's largest merchant.
The spokesperson, said, "Sumit will be responsible for driving the operations for Cloudtail. However, as a company policy we don't divulge details on board members."
Sources said Sahay's experience of working across categories for the American e-tailer prompted the move by Cloudtail's management to bring him on board as the CEO.