After Sanjay Kapoor’s death, this person will now take charge of the multi-crore property; the company will not be handed over to his children.

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After Sanjay Kapoor’s Demise, Jeffrey Mark Overly Takes Over as Chairman of SonCom Start

In a major development following the unexpected demise of businessman Sanjay Kapoor—ex-husband of Bollywood actress Karisma Kapoor—the control of his company, SonCom Start, has now officially been handed over. As speculations swirled about the future of the late entrepreneur’s assets, the company has confirmed the appointment of a new chairman, marking a new chapter in its leadership and corporate strategy.

On June 23, 2025, Jeffrey Mark Overly officially assumed the position of Chairman at SonCom Start. This decision comes nearly two weeks after Sanjay Kapoor passed away in the United Kingdom on June 12, 2025. His death came as a shock to many, both in the corporate world and in Bollywood, given his high-profile relationships and significant influence in the tech and startup ecosystems.

A Legacy Left Behind

Sanjay Kapoor was known not just for his celebrity associations but also for his sharp business acumen. Under his leadership, SonCom Start grew from a mid-sized tech firm to a major player in digital communications and AI-driven networking solutions. With a reported valuation of ₹31,000 crore (approximately USD 3.7 billion), the company is one of the most significant players in its sector.

His sudden demise left a void—not only emotional for his family but also strategic for the company. In the days that followed, board members, shareholders, and business partners awaited clarity on who would lead the company forward.

The New Chairman: Jeffrey Mark Overly

The appointment of Jeffrey Mark Overly as Chairman is being seen as a stabilizing and strategic move. Overly has been associated with SonCom Start since February 12, 2021, initially serving as an Independent Director. His deep understanding of the company’s operations, values, and future potential made him a natural contender for the top role.

In his four and a half years with the company, Overly has shown unwavering commitment. He actively participated in all board meetings and served on several key committees. His involvement was not limited by time zones or geography—he made himself available across international timeframes, working closely with both domestic and global teams.

Company insiders describe him as meticulous, forward-thinking, and collaborative. “He was always the first to join a meeting and the last to leave,” said one board member anonymously. “He understands both the technical side of our products and the emotional culture that Sanjay had built within the company.”

The Selection Process

Following Sanjay Kapoor’s passing, SonCom Start’s board announced that a formal election process would determine the new chairman. The goal was to identify the most qualified and capable leader who could honor Kapoor’s legacy while also steering the company into the future. The board emphasized that the appointment would not be based on emotion or hierarchy but rather on merit and alignment with the company’s vision.

Several names were reportedly considered, including senior executives within the company and external candidates from the tech and investment sectors. However, Overly’s candidacy stood out for his consistency, leadership, and deep involvement in key strategic decisions over the past years.

The board vote, held on June 22, was unanimous in favor of Overly. On June 23, he formally took charge, beginning his tenure with a quiet statement of gratitude and a pledge to continue building on the foundation laid by his predecessor.

Responsibilities Ahead

Jeffrey Mark Overly now carries the weight of leading a company valued at ₹31,000 crore—a massive responsibility by any measure. In his initial address to employees, Overly said: “This is a bittersweet moment. I am honored to lead, but I deeply mourn the loss of a friend and visionary leader. Sanjay built something extraordinary. My role is to protect that legacy while moving us forward.”

His appointment comes at a time when SonCom Start is preparing for global expansion, with projects lined up in North America, Europe, and Southeast Asia. The company is also working on AI-integrated communication tools for enterprise clients, expected to launch later this year. Analysts believe Overly’s international exposure and board-level experience position him well for the challenges ahead.

Emotional Reactions and Family Silence

The Kapoor family, particularly Karisma Kapoor, has remained silent in the aftermath of Sanjay Kapoor’s death. While the two had been divorced for many years, Sanjay remained in the public eye due to his business success and social affiliations. Family sources have requested privacy during this period of mourning.

Meanwhile, employees at SonCom Start have expressed a mix of sadness and hope. Many who worked under Sanjay Kapoor described him as a charismatic leader who balanced authority with empathy. One employee said, “He would remember your name, your family’s story, your last project… He wasn’t just a CEO, he was a mentor.”

In this emotional atmosphere, Overly has chosen a respectful tone. “We are a family here,” he told employees during a closed-door meeting on June 24. “Let’s take time to grieve, but also to focus. The future of SonCom Start depends on what we build together now.”

Looking Ahead

The transition of power at SonCom Start has been swift but thoughtful. By selecting someone already familiar with the company’s ecosystem, the board has aimed to ensure continuity. Overly’s leadership will be under close scrutiny—not only because of the legacy he inherits but also because of the ambitious growth plans already in motion.

Overly has hinted at some changes in corporate strategy, including a renewed focus on ethical AI and data privacy, and expanding research and development facilities in Bangalore and London. The company is also considering a secondary public offering in late 2026, and discussions with investors are already underway.

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Conclusion

With the official appointment of Jeffrey Mark Overly as Chairman, SonCom Start enters a new era. While Sanjay Kapoor’s absence will be deeply felt, the company is positioning itself for a future of resilience and innovation. The business community will be watching closely as Overly charts the next phase of this ₹31,000 crore empire—a legacy built on vision, now entrusted to continuity and capable hands.