Indian hospitality unicorn OYO Hotels & Homes recently announced that it has appointed former Starbucks Chief Operating Officer Troy Alstead as an Independent Director. According to an official company statement, in his new role, Troy will play a supervisor and provide guidance to OYO Founder Ritesh Agarwal and the management on key business decisions. Before…
Tag: Independent Director
Heidrick & Struggles Appoints Laszlo Bock to Board of Directors
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•Premier executive search firm Heidrick & Struggles recently announced the appointment of former Google HR executive Laszlo Bock to its Board of Directors as an Independent Director, effective April 3, 2020. Along with his new role, Bock will continue to be the CEO of Humu Inc., a company which he founded. As CEO of Humu,…
Bajaj Auto re-appoints Rajiv Bajaj as MD and CEO
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•Auto major Bajaj Auto recently announced that its shareholders have approved the re-appointment of Rajiv Bajaj as Managing Director and Chief Executive Officer. Through a BSE filing, the company said, “Rajiv Bajaj whose five-year term expires on 31 March 2020, has been re-appointed for a further period of 5 years w.e.f. 1 April 2020, subject…
Sachin Bansal resigns as Ujjivan Small Finance Bank’s Independent Director
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•Flipkart co-founder Sachin Bansal has resigned as an Independent Director of Ujjivan Small Finance Bank. The reason he cited for his resignation from Ujjivan Small Finance Bank’s board is that it is in the interest of propriety and corporate governance as an entity owned and controlled by him has made an application to the Reserve…
Gammon India Limited appoints Vinath Hegde as its Independent Director
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•Gammon India Limted’s Board of Directors appoints Vinath Hegde as an Independent Director for a period of five years with effect from 25th December 2019. Hegde has 30 years’ of rich experience in Sales and Marketing, Brand Management and Product Management. She has hands on experience in charting out marketing strategies and contributing towards enhancing…
Apurva Purohit appointed L&T Independent Director
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•L&T Technology Services has announced that it appointed Apurva Purohit as an Independent Director for a five-term period w.e.f December 11, 2019 till December 10, 2024, subject to shareholders approval. The appointment is based on the “recommendations of Nomination & Remuneration Committee, the Board of Directors through circular resolution dated December 10, 2019 “. Purohit…