OnMobile revamps Its Governance Framework
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE OnMobile has embarked on a program to revamp its management framework, by adopting and considering a number of additional corporate governance measures as part of a new "OnMobile 2020" strategy. In keeping with the global best practices, OnMobile has announced that as a part of the new governance framework, it is demarcating the role of the CEO and Chairman, pursuant to which Arvind Rao, the current CEO, stepped down as Chairman and was replaced by H. H. Haight as the new Chairman. Haight has been a non-executive director on the Board of the Company since 2006 and has over 25 years of experience in leadership and growth of various enterprise companies. Haight, Chairman, said, "As part of OnMobile's future growth plans" and expansion strategies that are proposed to be rolled out, the Board thought it important that the Company moves towards adopting greater governance standards and global best practices as we grow inter...