By Deeksha Janiani
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Jubilant Foodworks announced CEO Pratik Pota's resignation, after which the share price fell 13% in a single day. Investors were worried for good reason - this high flying QSR business, which holds the master franchise for Domino's Pizza in South Asia, has seen a dramatic turnaround in its fortunes under Pota. Investors and shareholders will be concerned about what comes next for the business with Pota leaving.
Do CEOS matter? This is a wide-ranging debate, but in the case of Jubilant Foodworks Pratik Pota oversaw key business decisions from 2017 onwards that led to a margin turnaround and growth for the company. Deeksha Janiani takes a closer look in this video.
