05/11/2015 7:14 PM IST | Updated 15/07/2016 8:25 AM IST's Jason Kothari Is New CEO, has a new CEO in Jason Kothari, who'd joined as Chief Business Officer in August.

A press statement by Housing says, "...Jason has played an instrumental role on a number of key initiatives, including establishing a strong senior management team for the company by hiring Chief Financial Officer Mani Rangarajan, General Counsel Nandini Mehta, and Chief Marketing Officer Nikhil Rungta, a strategic partnership with MCHI and CREDAI, India’s largest real estate developer body, the launch of first-of-its-kind product BRAND FALCON, among others."

"I am honoured that the Board has entrusted me with the responsibility of leading this dynamic company," said Kothari, Chief Executive Officer, " We have built a world-class product and highly talented team, and it’s now time to rapidly progress towards our mission to build a world-class company.” faced a problem with employees being laid off and its ex-CEO, Rahul Yadav, forever being amidst controversy with the company's investors and senior management.

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