×
292
Fashion Jobs
FABINDIA OVERSEAS PVT. LTD.
Retail Planner
Permanent · NEW DELHI
SELECTIVE GLOBAL SEARCH PVT. LTD.
Business Development
Permanent · NEW DELHI
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KARIMNAGAR
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · MIRYALAGUDA
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KOTHAGUDEM
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · NAGARKURNOOL
LIFESTYLE BRANDS
Area Sales Manager Bangalore
Permanent · BENGALURU
HIRING STUDIO
Chief Financial Officer
Permanent · HOSAPETE
RJ CUBE STAFFING SOLUTIONS
Storekeeper
Permanent · DELHI
ORIENT CRAFT LTD.
Production Incharge
Permanent · NEW DELHI
GETNATTY DESIGNTECH PVT. LTD
Business Development & Sales Specialist
Permanent · MUMBAI
CONSULT IN INDIA
Area Sales Manager- (South & West Region)
Permanent · Kota
ADECCO INDIA PRIVATE LIMITED
e Commerce Executive :Garments Company:Kolkata
Permanent · Kolkata
NCDI PLACEMENT CONSULTANCY
Sales Coordinator (Male) For Leading Retail Store
Permanent · Lucknow
2COMS CONSULTING PVT LTD.
Area Sales Manager Knitwear/ Innerwear
Permanent · Mumbai
SEARCHLIGHT HR SERVICES PVT. LTD
Sales Manager- Fragrances
Permanent · Chennai
KEYSTONE CONSULTING PVT LTD
Business Development - Textile Company
Permanent · Coimbatore
JOB SEARCH
General Manager - Mumbai & Delhi Exp in Textile Testing Industry Only
Permanent · National Capital Region
JOB SEARCH
sr. Executive - Accounts & Finance - Vile Parle
Permanent · Mumbai
CAREER CROSSWAYS
Export Marketing Manager
Permanent · Ahmedabad
TEJASWI SERVICES PVT LTD
Business Development Executive
Permanent · Mumbai
FABRIC AID INDIA PVT LTD
Accounts Manager
Permanent · National Capital Region

Gautam Singhania to step down as chairman from Raymond Group companies

Published
today Jan 10, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

The promoter of Raymond Group, Gautam Singhania, will leave his role as chairman for the business’ group companies to allow them to run competitively and independently of the promoter.


Raymond’s promoter Gautam Singhania is stepping down from his role as chairman for many, perhaps all, group businesses - Park Avenue - Facebook


Gautam Hari Singhania has announced that he will leave his role as chairman for Raymond’s group businesses and is also considering leaving the role of chairman at the group’s main business, Raymond Ltd. Singhania has already left his post as chairman at Raymond Apparel (Raymond’s branded clothing business) and the group’s fast moving consumer goods (FMCG) businesses and will subsequently leave his posts at the engineering businesses JK Files and Ring Plus Aqua, as reported by ET Bureau. 

“At Raymond Ltd, I don’t know how long I will be the chairman,” said Singhania in a statement. “I have something in mind which I don’t want to talk about now. I am not the chairman of all other group companies which are significant.” 

Singhania stated that his reason for leaving the post of chairman is to allow the business to function more competitively. As Singhania is the promoter for the business, he opined that having a separation between chairman and promoter leaving him to focus on strategy and development in his role as promoter. 

“How many family managed companies are there in India where the promoter steps down at a young age as the chairman of the company?” Singhania asked ET Bureau. “That’s where the problem lies.” Singhania also stated that he will keep the promoter family away from the day-to-day running of the business and, responding to the recent media storm surrounding his ongoing feud with his father, stated that he wishes to reconcile with Vijaypat Singhania but will not break the law to do so. 

Copyright © 2019 FashionNetwork.com All rights reserved.