Porter names Shruti Ranjan Satpathy as chief product and technology officer
Logistics company Porter on Wednesday named Shruti Ranjan Satpathy as chief product and technology officer (CPTO).
Satpathy joined the company in June 2015 as data scientist and in his last role, he was serving as the CTO of the company since 2021, overseeing the engineering arm of Porter. In his new role as CPTO, he will be taking charge of the product, data, and design functions.
The Bengaluru-based company announced other key leadership changes. Uttam Digga, co-founder of Porter, will now assume the role of chief executive officer, while Pranav Goel, who was the CEO, will transition to the role of executive vice chairman.
Founded in 2014 by Goel, Digga, and Vikas Choudhary, the company has served over 1.3 crore customers so far, across 19 cities in India. The company has 2,600 employees at present.
On Satpathy’s appointment Digga said, “In his new role as CPTO, he will be taking charge of the product, data, and design function, similar to how he currently leads the Technology function in his role as a CTO.”
“This strategic move enhances alignment between functions and fosters a more user-centric approach to our business,” he added.
According to Digga, Satpathy has proven himself as a driving force behind shaping the company’s technology and product strategy. “His invaluable contributions have continuously improved our engineering-product rigor and practices, consistently pushing us to strive for excellence,” he said.
Satpathy has completed his bachelors and masters in computer science from the Indian Institute of Technology, Kanpur and has over a decade of experience in organisational design and engineering architecture. Earlier, he worked with Microsoft and payments solutions company RocketFuel.
In January, Porter offered its current and former employees liquidation of ESOPs (employee stock ownership plan) worth ₹50 crore. Both its current and former employees will be able to sell the eligible options immediately at a 50% higher value from the last liquidation valuation—up to a total value of ₹50 crore, the company said.