Tuesday, December 23, 2008

people movment

Kumar Jayant resigns Titan boardDecember 12, 2008Kumar Jayant, nominee director of Tamil Nadu Industrial Development Corporation (TIDCO), has resigned as an additional director from the board of Titan Industries, a joint venture between Tata group and TIDCO, the company said in a filing to the Bombay Stock Exchange.TIDCO is a governmental agency in Tamil Nadu, responsible for the development of industries by formulating policies that help industry growth, and also by establishing industrial estates.Titan Industries is a manufacturing company that produces wide range of personal accessories – watches, jewellery, sunglasses and prescription eye wear.
VF Corp elects Karl Heinz Salzburger as corporate VPDecember 10, 2008VF Corporation, North Carolina-based global lifestyle apparel major, has elected Karl Heinz Salzburger as a corporate vice president effective from January 4, 2009. Further, Salzburger has also been promoted to president of VF International and named a member of VF’s operating committee, said a company press release.As part of his new office, Salzburger will continue to be responsible for driving the growth of VF’s brands throughout Europe, the Middle East, Africa and the Asia-Pacific region and will report to Eric Wiseman, chairman and CEO of the company.Currently, VF Corporation offers a diverse portfolio of jeanswear, outdoor, imagewear, sportswear and contemporary apparel brands including Wrangler, Lee, Riders, Vans, Reef, Eagle Creek, JanSport, Nautica and Red Kap.
Parmalat SpA appoints Antonio Vanoli as new COODecember 6, 2008Parmalat SpA, one of Italy’s food major, has appointed industry veteran Antonio Vanoli as c0-hief operating officer. He has been appointed after Carlo Prevedini resigned from the post.Vanoli, 62, will start the job immediately, a spokeswoman for Collecchio, Italy-based Parmalat said today. Vanoli stepped down last month as chief executive officer of Ferrero SpA, the closely held maker of Tic Tac breath mints and Nutella chocolate-and- hazelnut spread, after 14 years at the company. On the appoinment, Luca Bacoccoli, an analyst at Intesa Sanpaolo SpA in Milan with an 'add' rating on Parmalat, said, “It is a strong sign of change. The decision to bring in someone with significant experience in the industry who can deliver results in this market is very important for the stock."
Bombay Dyeing: Change in directorateDecember 5, 2008In a latest filing to Bombay Stock Exchange, Bombay Dyeing & Manufacturing Company has informed that SK Gupta has ceased to be a member of the board and thereby the director of the company.Gupta’s movement comes to effect from December 4, 2008.A part of the Wadia Group, Bombay Dyeing is India's leading producer and retailer of textile. It operates mainly through company-owned showrooms across India apart from franchise stores.

Dabur’s retail arm loses its CEODecember 2, 2008Peter Baker, CEO, Health & Beauty (H&B) stores, retail venture of FMCG major Dabur India , has quit the company. Baker had joined Dabur from Lee Cooper group over a year ago where he served as group head. According to company sources, in the absence of a CEO, H&B Stores’ management committee will manage the day-to-day operations of Dabur's retail venture. While the sources denied to comment on the appointment of a new CEO, the company spokesperson remained unavailable to comment on the development.

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