Future Consumer CEO Devendra Chawla quits
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
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 20 2017 | 8:07 PM IST