KFC India operator Devyani International promotes CFO Manish Dawar to CEO
Shares of the company rose nearly 5 per cent on the day
 "KFC India operator Devyani International promotes CFO Manish Dawar to CEO")
Devyani International, which operates KFC and Pizza Hut restaurants in India, will appoint Chief Financial Officer Manish Dawar as its CEO from April 1, replacing Virag Joshi, the company said on Wednesday.
Shares of the company rose nearly 5 per cent on the day.
Dawar has been with Devyani since 2021 after stints at consumer firms such as Hindustan Unilever and Reebok India.
Insider Anupam Kumar will take over as Devyani's CFO while Joshi will remain with the company.
Devyani also reported an 11 per cent rise in quarterly revenue on Wednesday, as its discounted menu options lured diners in.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)