Future Consumer CEO Devendra Chawla quits

Image
Press Trust of India New Delhi
Last Updated : Jul 20 2017 | 8:07 PM IST
Future Consumer, a part of Kishore Biyani-led Future Group, today said its CEO Devendra Chawla has resigned from the company.
"Devendra Chawla, the Chief Executive Officer of the company has tendered his resignation from the services of the company," Future Consumer said in a BSE filing.
The company, however, did not disclose the reason behind Chawla's resignation which would be effective from July 31.
A member of Future Consumer strategic business team, Sadashiv Nayak, will take up Chawla's place as an interim, the company said.
The company's stock closed 1.59 per cent higher at Rs 44.80 apiece on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 20 2017 | 8:07 PM IST

Next Story