In big people movements, Cramer Ball has resigned as chief executive officer of Jet Airways Ltd, the country’s second largest airline by passengers carried, while Avani Davda, chief executive officer of Tata Starbucks Pvt. Ltd has resigned to pursue opportunities outside the group.
Jet Airways CEO Cramer Ball resigns
Cramer Ball has resigned as chief executive officer of Jet Airways (India) Ltd, the country’s second largest airline by passengers carried, to pursue a new opportunity in Europe for family reasons. Ball’s resignation is effective from 29 February, as per a report in Mint.
Gaurang Shetty, a current whole-time director, will become the acting chief executive officer of the company, in which Etihad Airways PJSC has a 24% stake, the airline said in a statement on Thursday.
Shetty will now lead the operating committee in managing the day-to-day operations of the company, under the supervision and control of the board of the company, chaired by founder Naresh Goyal, the airline said.
Tata Starbucks CEO Avani Davda resigns
Tata Global Beverages Ltd on Thursday said Avani Davda, chief executive officer of Tata Starbucks Pvt. Ltd, a joint venture of Tata Global Beverages and Starbucks Corp., has resigned to pursue opportunities outside the group, as per a report in Mint.
The joint venture, which completed three years in India in October, has appointed Sumi Ghosh as the new chief executive officer effective 1 January. Ghosh is an eight-year Starbucks partner, and was most recently the vice-president of Starbucks Midwestern US region. He also brings three decades of consumer retail experience, including 10 years in brand management and operational leadership roles.
Ghosh and his family will relocate from Chicago to Mumbai early next month. The joint venture currently operates 78 stores in India.