Housing.com ropes in Valiant Entertainment's Jason Kothari as chief business officer

Online realty startup Housing.com, which went through several months of top-level turmoil concluding with the unceremonious exit of CEO Rahul Yadav, has appointed comics publisher Valiant Entertainment's co-founder Jason Kothari as chief business officer.

Kothari, who was also CEO of the New York-based Valiant, will join Housing.com's operating committee and report to the company's board, as per a press statement.

VCCircle had reported three weeks ago that Housing.com wants to hire a CFO and chief business officer, in addition to a new CEO.

The position of chief business officer has remained vacant at Housing.com after Trip Wagoner, former Groupon MD (who took up that role in late 2014) left early this year.

Housing.com's board has hired executive search firm SpencerStuart to find candidates for CEO and CFO positions.

At Housing.com, the operating committee headed by Jonathan Bullock, a representative of the lead investor SoftBank, has been overseeing company operations since the first week of May.

According to his Linkedin profile, Kothari moved to the role of vice chairman at Valiant in January 2013, a position he continues to hold. It could not be immediately ascertained if Kothari would snap ties with Valiant for taking up the Housing.com role.

Housing.com competes with PropTiger in which News Corp—that acquired the parent of this website in March—holds a 30 per cent stake.