Key Points
Premier retailer Shoppers Stop Managing director and Chief Executive Officer, Venugopal G. Nair tendered his resignation with effect from the close of business hours of August 31, 2023, due to personal reasons, the company announced on Thursday...
"He (Nair) has been instrumental in strengthening the business in the post Covid era, by growing its strategic pillars of fashion, beauty and expansion of the Companys retail network..
Meanwhile, the company promoted Kavindra Mishra, the Chief Commercial Officer and CEO of Homestop, as its Executive Director & CEO effective from September 1, 2023 upto a period of three years...
Prior to this, for a period of 6 years, he has also been the MD of Pepe Jeans India and has managed the transition of company from a JV to a 100% subsidiary of Pepe Jeans Global, thus proving to be instrumental in making Pepe Jeans as a profitable denim brand...
You might be interested in
OpenAI saga: Sam Altman back, set to replace Emmett Shear; a look at CEOs with shortest tenure
22, Nov, 23Emmett Shear, a former chief executive of Twitch, was announced as the interim CEO by OpenAI's embattled board on November 20.
Shoppers Stop share price cracks over 11% as firm's MD, CEO Venu Nair resigns
25, Aug, 23Shoppers Stop share price: Shares of Shoppers Stop hit their 52-week high of ₹889.75 on BSE on August 9, 2023. As of August 24 close, the stock has gained 14.5 per cent in the current calendar year so far against a 7 per cent gain in the equity benchmark Sensex.