The founder and former CEO of RingCentral, Vlad Shmunis, is returning to the company following the surprising exit of Tarek Robbiati.
RingCentral had announced that Tarek Robbiati would become the new chief in August 2023.
In a statement, the company said that Robbiati’s resignation was not due to any disagreement with the company or the Board of Directors or any matter related to the company’s operations, policies or practices.
Rob Theis, RingCentral’s lead independent director, said: “RingCentral’s strategic product vision and operations are closely aligned and linked. We have concluded that it is best to have one executive oversee all aspects of the business organisation.