Nestle India CMD Suresh Narayanan's Term Extended By Another 5 Yrs

Friday June 19, 2020.

Nestle India on Friday said it has received shareholders' approval to extend the tenure of its Chairman and Managing Director Suresh Narayanan by another five years.

The company, at its AGM held on Friday, received shareholders' approval for "re-appointment and the terms and conditions of re-appointment of Suresh Narayanan as Managing Director for another term of five consecutive years effective from August 1, 2020."

ALSO READ: Wipro to offer up to Rs 40 cr in annual salary to its CEO designate

The AGM was held through video conferencing, Nestle India said in a regulatory filing. Narayanan's current five-year term was coming to an end on July 31, 2020 and the board had proposed to extend it by five more years.

Narayanan had joined Nestle India as managing director on August 1, 2015, when the company was facing the Maggi crisis. He was designated as the chairman and managing director with effect from October 29, 2015.

Narayanan had joined Nestle in 1999 as executive vice president for sales in India.

Nestle India CMD Suresh Narayanan's Term Extended By Another 5 Yrs

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

Private Equity And Banks: The Complex Web Of Leverage

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

Big Banks Vs. Regional Banks: The Battle For Market Share

The Evolution Of Philanthropic Advisory Services In Private Banks

navigation

media coverage

follow us