Benetton India has announced that Sundeep Chugh, Chief Executive Officer and Managing Director of the company is leaving the organisation. The company has appointed Ramprasad Sridharan as the new CEO and MD, effective from June 7, 2021.
Sridharan brings to Benetton Group significant experience in the fashion retail sector, having worked for Reebok India Co., Lerros Fashions India Ltd., Clarks Future Footwear Ltd.India, C&J Clarks International UK and finally for C&J Clarks International Singapore, where he held the position of president South East Asia, Australia & New Zealand, the company said in a press statement.
“Benetton Group would like to thank Sundeep Chugh, who has decided to leave the position of CEO and managing director of Benetton India, for the results achieved during his 10 years with the Group. Sundeep has successfully led the company during his tenure, a period during which the brand has evolved and maintained its market leadership position through a multi-channel approach, an effective product offering and a high-impact communication strategy,” it added.
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