Coffee Day Enterprises, the owner of the Cafe Coffee Day chain, has appointed founder and former chairman VG Siddhartha's wife Malavika Hegde as its chief executive officer.
“Malavika Hegde, Director
Coffee Day appoints late founder V G Siddhartha's wife as CEO
Daughter of former Karnataka chief minister SM Krishna, she was earlier non-exec director at the firm; has been named at a time when the company's growth continues to decline
 "Malavika Hegde")
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Earlier this year, Malavika Hegde wrote a letter to the group’s employees mentioning that she was trying to maintain the legacy of the company that her husband V G Siddhartha had built.
Topics : V G Siddhartha Coffee Day Enterprises BSE
First Published: Dec 7 2020 | 9:32 PM IST
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