Shoppers Stop in process of evaluating suitable candidate for MD & CEO, Retail News, ET Retail

Retail company Buyers Quit on Wednesday stated it is in the course of action of analyzing a appropriate applicant for the situation of Controlling Director and Main Government Officer (MD & CEO). Final month, Buyers Quit experienced stated its MD & CEO Rajiv Suri experienced resigned citing individual good reasons.

“The very last working working day of Rajiv Suri, MD & CEO was August twenty five, 2020 and submit that he ceased to be in the stated situation. The nomination, remuneration and company governance committee is in the course of action of analyzing a appropriate applicant for the situation of MD & CEO and the developments shall be intimated, from time to time,” the K Raheja Corp team company stated in a regulatory submitting.

Buyers Quit is a retailer of style and attractiveness brand names. The company reported a income of Rs three,380.98 crore for 2019-twenty.