Shoppers Stop, a prominent departmental store chain, has announced significant leadership changes in a recent regulatory filing. Kavindra Mishra, previously serving as executive director and CEO, now steps into the role of managing director and chief executive officer.
Mishra's appointment, effective from April 29, 2024, is slated for a three-year term pending shareholders' approval.
With a wealth of experience, Mishra previously held positions such as chief commercial officer and CEO - Homestop within the company. Before joining Shoppers Stop, he served as the managing director and CEO of House of Anita Dongre and Global Desi.
Furthermore, the board of directors approved the appointment of Ashish Hemrajani as a non-executive independent director for a term of five years. Hemrajani, renowned as the founder and CEO of BookMyShow, brings substantial expertise in the online entertainment realm.
Additionally, Purvi Sheth joins as an (Additional) non-executive independent director, while Nirvik Singh assumes the role of (Additional) non-independent director non-executive, both for 5-year terms.
