Indian jeweller and watchmaker Titan mentioned on Thursday that Managing Director C. Okay. Venkataraman will retire on the finish of the yr, after greater than 30 years on the firm. He might be changed by jewelery division CEO, Ajoy Chawla.
Venkataraman joined the corporate in 1990 and rose to the highest put up in 2019, the identical yr Chawala took the helm on the jewelry division.
Beneath Chawla’s management, the jewelry division has grown 2.5 occasions in gross sales and earnings, Titan mentioned in a press launch.
It mentioned it might determine on Chawla’s alternative at a later date.
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