Krishna K. Gupta Resumes Presto Automation Chairmanship After Serving as Interim CEO for 4 Months

Krishna K. Gupta has made an announcement of his resignation as Presto Automation’s interim CEO. Gupta will return to his position as Chairman of the Board of Directors after serving as CEO for four months.

The company has made significant strides since Gupta was appointed interim CEO on March 27, 2023, including becoming one of the top-10 performing stocks on the Nasdaq in Q2 (up nearly 4X), announcing one of the largest-ever drive-thru automation customers in the world, reaffirming its position as the market leader in enterprise AI, and increasing brand visibility with several national media engagements on Bloomberg, CNBC, and The Wall Street Journal.

Gupta played a crucial role in the development of Presto Automation by becoming the company’s first investor in 2008 while still a student at MIT. He continues to be the biggest shareholder in the business in addition to serving as Chairman. Krishna K. Gupta. is also the founder of Remus Capital, an early-stage investment company with a focus on Applied AI and Healthcare.