Today morning ITC chairman YC Deveshwar passed away reason of death is unknown .YC Deveshwar was 72 years old and diagnosed by cancer few days earlier.
Deveshwar joined ITCNSE -0.70 % in 1968 and became the executive chairman of the company in 1996. Under his leadership.
Sanjiv Puri is the current CEO and MD of the company.
Puri Said : “Inspired by a patriotic fervour, manifest in his clarion call of ‘Lets Put India First’, he led ITC’s strategic thrust to create an exemplary Indian enterprise dedicated to serving national priorities ” .
YC Deveshwar passed away at 72
Ys Deveshwar was conferred Padma Bhushan by the government. He was also ranked the seventh best performing CEO in the world by the Harvard Business Review.
Puri said :Deveshwar’s “superordinate vision to build an exemplary Indian enterprise, to serve national priorities, create the businesses of tomorrow, impeccable values and personal integrity, the width and depth of his strategic thinking and his compassionate conduct of business” will continue to inspire ITC going ahead.