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Mon, 26 Aug 2019

Northeast Today

ITC chairman, Padma Bhushan Y C Deveshwar passes away at 72

ITC chairman, Padma Bhushan Y C Deveshwar passes away at 72
May 11
13:20 2019

NET Bureau

ITC chairman and noted industrialist Y C Deveshwar passed away on 11th May after a brief illness. He was 72. Industry sources have confirmed though ITC has not officially announced the news.

Y C Deveshwar was India’s longest serving CEO and had received the Padma Bhushan in 2011, the country’s third-highest civilian award.

Deveshwar joined ITC in 1968 and subsequently became the company’s executive chairman in 1996. Later in 2017, he was moved to the role of non-executive chairman. Sanjiv Puri is the current CEO and MD of the company.

Source: The Indian Express

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