Shoppers Stop elevates Kavindra Mishra to CEO

Shoppers Stop Limited has elevated Kavindra Mishra to the position of executive director and CEO following the resignation of its managing director CEO Venu Nair.

Mishra was the chief commercial officer and CEO of Shoppers Stop home vertical ‘Homestop’. His new appointment shall be for a period of three years effective September 1, 2023, subject to approval of shareholders of the company.

Commenting on the appointment, BS Nagesh, Chairman of Shoppers Stop in a statement said, “I am delighted that Kavindra Mishra, has been promoted as the executive director and CEO of the company. In the last five months he has taken over the charge of Homestop and the commercial part of the Shoppers Stop business.”

“His skills as a business leader, strategic expertise and overall understanding of the retail industry is an excellent fit for leading the company as its CEO and setting high standards. Under his leadership and guidance, I am confident about the future growth of the company,” he added.

Venu Nair resigned from his position, effective from the close of business hours of August 31, 2023, due to personal reasons. To ensure a seamless transition, he will continue to guide and advice the CEO over the next 6 months.