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#ClashOfAmbitions: Nikesh Arora reveals it all in stormy tweets
The resignation from the post seems to be the result of a clash of ambitions of Son and Arora

The resignation of Nikesh Arora as the president of SoftBank Group has come as an unexpected development for the the Indian startup ecosystem.Arora, who was to take over as CEO of the group once Masayoshi Son retires, has lead many investments into Indian startups, including Snapdeal, OlaCabs, Housing.com and Oyorooms. At $73 million a year, he was also one of the highest paid executives in the world.[caption id="attachment_2847826" align="alignleft" width="380"]
Nikesh Arora[/caption]Arora had recently come under scanner after a group of investors accused him of wrong investment decisions and conflict of interest.A special committee set up by SoftBank, however, had given him a clean chit on Monday, saying "the special committee has concluded that the claims concerning the conduct of Arora during his tenure at SBG are without merit".However, the resignation from the post seems to be the result of a clash of ambitions of Son and Arora."Son’s intention was to keep leading the Group in various aspectsfor the time being, while Arora wished to start taking over the lead in a few years’ time. The difference of expected timelines between the two leads to Arora’s resignation from the position of Representative Director," SoftBank said in a statement.“I was thinking of handing over my job as CEO when I turn 60, but thought maybe I’m still a bit too young, and still have energy to continue,” Son was quoted as saying in a report in the Wall Street Journal.In a series of tweets, Arora also expressed his displeasure at the development.Here are his choicest tweets that give a glimpse into his thinking:
Nikesh Arora[/caption]Arora had recently come under scanner after a group of investors accused him of wrong investment decisions and conflict of interest.A special committee set up by SoftBank, however, had given him a clean chit on Monday, saying "the special committee has concluded that the claims concerning the conduct of Arora during his tenure at SBG are without merit".However, the resignation from the post seems to be the result of a clash of ambitions of Son and Arora."Son’s intention was to keep leading the Group in various aspectsfor the time being, while Arora wished to start taking over the lead in a few years’ time. The difference of expected timelines between the two leads to Arora’s resignation from the position of Representative Director," SoftBank said in a statement.“I was thinking of handing over my job as CEO when I turn 60, but thought maybe I’m still a bit too young, and still have energy to continue,” Son was quoted as saying in a report in the Wall Street Journal.In a series of tweets, Arora also expressed his displeasure at the development.Here are his choicest tweets that give a glimpse into his thinking:First Published:Jun 21, 2016, 18:49:05 IST
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