Sameer Mehta, co-founder and CEO of Imagine Marketing, the parent company of wearables, electronics and audio startup, Boat, has stepped down from the top position and will now become the Executive Director ahead of a planned public market debut.

Mehta was the CEO after Vivek Gambhir, chairperson of the board, transitioned in July 2023.

Who will replace Sameer Mehta as CEO of Boat?

The company’s chief operating officer (COO), Gaurav Nayyar, who was appointed from Bain & Company only in October 2022, has been promoted to the top position and will lead the company as CEO.

Why did the leadership change at Boat?

It is likely that Boat wants to operate in a different way as it gears up for an initial public offering (IPO).

“I look forward to driving Boat’s next chapter with their (the fou

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