S Kumars Nationwide, Mumbai-based textile major, has reorganised its top management structure. Under the plan the company's managing director & CEO, Nitin Kasliwal, is taking up a strategic role of continuously developing channels for sustained growth, leaving the day-to-day operations to a deputy managing director & COO.
Anil Channa, who was heading the high value cotton business, is moved into the position of deputy managing director. Channa, who reports to Nitin Kasliwal, is in charge of the overall operations of six strategic business units. The CEOs, who manage the SBUs, report to Channa. The four-layer structure also has chief operating officers, running the operations of SBUs. "The new structure will serve the twin objectives of succession planning and bringing in focus to each business. We are a multi-product textile company and need specialists in each category," said Nitin Kasliwal, MD, S Kumars Nationwide.
While Govind Mirchandani is the CEO of luxury suitings' unit, Arvind Gupta has recently joined from Raymond group company JK Helene Curtis as the COO. SK Raje and Rajan K Garg are the CEO and COO respectively of the consumer textiles division. High value cottons division has Martin Hammerle as the CEO. Anupam Dikshit is the COO of the division. Aloke Banerjee, former Britannia executive, heads the home textiles' business. Govind Mirchandani doubles up as the CEO of ready-to-wear division with Sudhir Kumar as his deputy. Vijay Bakshi is the president of international business. Tarun Joshi is the CEO of the company's retail venture---Brandhouse Retail. This has two COOs. While Surjit Singh has recently joined as the COO (business development) from Runwal group, the COO for operations is in the process of being recruited. Brandhouse Retail, which is bringing in lot of global luxury menswear brands like Dunhill and womenswear brand Escada to India, is in the process of being demerged from S Kumars Nationwide. In addition to the top management structure, the company has a corporate office which carries out services functions such as HRD and business strategy. While DD Avari is the director of HRD, A Fazalbhoy is the head of business strategy and investor relations. JS Shetty is the CFO of the company.
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