IPO-Bound boAt Names Gaurav Nayyar as CEO

Consumer electronics brand boAt has appointed Gaurav Nayyar as its new Chief Executive Officer ahead of its anticipated IPO. Nayyar brings experience from leadership roles in companies like Tata and Reliance Retail, and his appointment is seen as a step to professionalize leadership before the public listing. The move comes as boAt seeks to diversify beyond its core audio segment into wearables and lifestyle products. The company has gained significant traction among millennials and Gen Z, and its IPO is expected to attract retail as well as institutional investors. By bringing in seasoned leadership, boAt aims to strengthen governance and align with investor expectations. This transition highlights the importance of corporate governance and leadership restructuring as startups mature into public companies.