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

Davida Erdahl

Retail organization Buyers Quit on Wednesday reported it is in the method of evaluating a suitable candidate for the situation of Handling Director and Chief Govt Officer (MD & CEO). Previous thirty day period, Buyers Quit had reported its MD & CEO Rajiv Suri had resigned citing personalized explanations.

“The past functioning working day of Rajiv Suri, MD & CEO was August twenty five, 2020 and publish that he ceased to be in the reported situation. The nomination, remuneration and company governance committee is in the method of evaluating a suitable candidate for the situation of MD & CEO and the developments shall be intimated, from time to time,” the K Raheja Corp team organization reported in a regulatory submitting.

Buyers Quit is a retailer of style and elegance makes. The firm reported a revenue of Rs 3,380.ninety eight crore for 2019-twenty.

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