Shoppers Stop, the departmental store chain, has promoted Kavindra Mishra to the position of managing director and chief executive officer. Previously, Mishra held the role of executive director and CEO within the company.
He has been appointed for a three-year term starting from April 29, 2024.
Prior to this, he served as the chief commercial officer and CEO of Homestop within the company. Preceding his tenure at Shoppers Stop, he held the positions of managing director and CEO at House of Anita Dongre, overseeing brands such as AND, Anita Dongre, and Global Desi.
Continue Exploring: Shoppers Stop reports 53% rise in Q4 profit driven by beauty and luxury items
Shoppers Stop’s board of directors has sanctioned both the appointment and alterations in the designation of directors during its meeting on April 29, 2024. These changes take effect immediately and will remain in force until the forthcoming General Meeting of the company.
Ashish Hemrajani has been appointed as a non-executive independent director of the company for a tenure of five years.
Hemrajani is the founder and CEO of Big Tree Entertainment, which operates BookMyShow, a leading online entertainment platform in India. Offering tickets and end-to-end management for live events, movies, sports, games, musicals, and more, BookMyShow is a prominent name in the industry.
The board of Shoppers Stop has additionally named Purvi Sheth as a non-executive independent director for a five-year term, and Nirvik Singh as a non-executive director, for the same duration.
Continue Exploring: Shoppers Stop unveils its first retail outlet in Agartala
