An alumnus of Indian Institute of Technology, Delhi, and Harvard Business School, Deveshwar joined ITC in 1968. Mukesh Ambani. The demise of ITC Group Chairman Yogesh Chander Deveshwar at the age of 72 on May 11 has come as a big shock for the corporate sector. 21 crores. KOLKATA: ITC will prefer a “pair of safe hands” insider over external candidates while choosing its new chief executive, and all its three executive directors have an equal shot at the job, Chairman Yogesh Chander Deveshwar told ET in an exclusive interview. In 2011, Deveshwar received the Padma Bhushan, India's third-highest As of March 2018, ITC’s gross sales value stood at Rs 67,081 crore and it posted a net profit of Rs 11,223 crore. || []).push({}); He died on 11 May 2019 due to cancer. by Cameron Slater on July 18, 2012 at 9:41am. Mr. Deveshwar stood tall among his peers and that was not due to his height alone. New Delhi: Yogesh Chander Deveshwar, the man who took ITC from being ‘just a cigarette maker’ to a valuable multi-business conglomerate, died Saturday morning after a brief illness. He was the chairman of ITC Limited. The President and CEO of India Tobacco Company (ITC), Yogesh Chander Deveshwar, is the oldest CEO in India and received almost three times his company's second-highest salary in 2011. Between 1991 and 1994, he also served as the chairman and managing director of Air India. Fondly called ‘Yogi’ within his intimate circle, Deveshwar stayed for more than five decades with ITC of which over 20 years were spent as its executive chairman. Between 1996, the year when Yogesh Chander Deveshwar became chairman of ITC, and March 2017, ITC’s annual sales have expanded over 11-fold to Rs 55,002 crore (revenue Rs 38,979 crore), while shareholder … Jacinda Is on Another Jaunt. Yesterday it was revealed that Helen Clark, arch anti-tobacco crusader, was happy to hand out an award personally to the Chairman of ITC,?Mr. In 2011, the company's board gave him an extension to continue as chairman from 2012-2017. He was the chairman of ITC Limited. The chairman and CEO of Indian Tobacco Company (ITC,) Yogesh Chander Deveshwar is India’s longest serving CEO and earned nearly the triple of the second highest salary in his company in 2011. UGC NET LIFE SCIENCE COACHING BY TRAJECTORY EDUCATION. Yogesh was appointed as a Director on the Board of the Company in 1984 and became the … One of India’s longest-serving CEO, Yogesh Chander Deveshwar stands at the 7 th for best performing CEO of the world who makes around INR 1 crore every month. He was appointed as a director on the board of the company in 1984 and became the CEO and Chairman in 1996. The property has been named “Shantini Ketan”. Jacinda Stops Media Talking About Ihumatao. The transaction is an all cheque transaction as per insider reports. Yogesh Chander Deveshwar, ITC’s longest-serving chairman, passed away this morning in Delhi. Yogesh Chander Deveshwar, who has died aged 72, was a rare example of an employee joining straight out of college and moving through the ranks to become not just the youngest chairman of a frontline conglomerate in India Inc, but also the longest serving one for 23 years. In 2017-18, the company posted revenues of Rs 44,329.77 crore and net profit of Rs 11,223.25 crore. He is the younger brother of New Zeland Actor “Robbie Magasiva”. Production of 'safe agri produce' cannot be practiced in isolation, nor can it be successful till the challenges of the small farmers in terms of lack of access to knowledge, agricultural inputs, technology and markets remain. By the time Yogesh Chander Deveshwar--Yogi to his colleagues on the board--is to step down in April 2012, he will have spent more than 15 years as chairman of ITC, India's largest tobacco company. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle Yogesh Chander Deveshwar, business stalwart and the chairman of conglomerate ITC, passed away in Delhi. [citation needed], Deveshwar was India's longest-serving CEO at the time of his death,[5] and earned nearly triple the second-highest salary in his company. [2], Deveshwar joined ITC Limited in 1968. Yogesh was appointed as a Director on the Board of the Company in 1984 and became the … It posted a net profit of Rs 11,223 crore. Chairman Yogesh Chander Deveshwar. With a mission to improve sustainability of farming practices in rural India, ITC has conceptualized a grass root level extension programme called 'Choupal Pradarshan Khet' (CPK) or demonstration plots, which help wheat farmers to enhance farm productivity & quality by adopting best practices in agriculture.ITC CPK directly benefits over 50,000 wheat farmers. Career Yogesh Chander Deveshwar was born on 4 February 1947 in Lahore, British India. For Yogesh Chander Deveshwar--Yogi to his colleagues on the board--this would mark the perfect beginning of the end. He was listed the Best Performing CEO in India by Harvard Business Review and seventh in the world. He was India’s longest-serving CEO at the time of his death and also earned nearly triple the second-highest salary in his company. Career Yogesh Chander Deveshwar was born on 4 February 1947 in Lahore, British India. Later, he attended the 6 Week Advance Management Program at Harvard Business School. Download Now. During the year, the non-cigarette FMCG business revenue was Rs 11,328 crore, while the gross profit of the business was Rs 164 crore. Legendary corporate leader Yogesh Chander Deveshwar, who spearheaded multi-business conglomerate ITC group as its chairman for over two decades, passed away on Saturday at the age of 72.He is survived by his wife and son. m Phil Brochure 10. Guenter Butschek is one of the most … Yogesh Chander Deveshwar, ITC’s longest-serving chairman, passed away this morning in Delhi. Search inside document . YOGESH CHANDRA TRIPATHI's Lab. [2] He later attended the six-week Advanced Management Program at Harvard Business School. He was suffering from a … During FY16, Deveshwar's remuneration stood at Rs13.73 crore. By the time Yogesh Chander Deveshwar--Yogi to his colleagues on the board--is to step down in April 2012, he will have spent more than 15 years as chairman of ITC, India's largest tobacco company. ITC's erstwhile high-profile chairman, the late Yogesh Chander Deveshwar, helped turn the tobacco major into an agri and consumer products marketer, so … Y C Deveshwar, at the Rio +20 Summit She was all smiles and closeness in doing so too, here is an image from ITC’s Facebook page?of the smiling and happy Helen Clark cuddling up close to big tobacco…no scowly duckface or smacked bum face there: As of March 2018, ITC’s gross sales value expanded to Rs 67,081 crore. Kolkata (West Bengal [India], May 11 (ANI): Legendary corporate leader Yogesh Chander Deveshwar, who spearheaded multi-business conglomerate ITC group as its chairman for over two decades, passed away on Saturday at the age of 72. This is the highest net worth of a salaried employee going in for such a plush property. Yogesh Chander Deveshwar. Read more about ITC Chairman Yogi Deveshwar passes away at 72, condolences pour in on Business Standard. He was appointed as a main board director in 1984 and became the CEO and chairman in January 1996. Kolkata (West Bengal [India], May 11 (ANI): Legendary corporate leader Yogesh Chander Deveshwar, who spearheaded multi-business conglomerate ITC group as its chairman for over two decades, passed away on Saturday at the age of 72. (adsbygoogle = window.adsbygoogle || []).push({}); By the time he steps down in … He was the longest-serving CEO of any Indian company. Mr. Deveshwar stood tall among his peers and that was not due to his height alone. For the financial year 2016 – … He was born on 4 … Deveshwar joined ITC Limited in 1968. Peggy Lipton Wiki, Age, Height, Career, Family, Husband, Children, Death, Net Worth, Biography & More. Yogesh Chander Deveshwar. [4], He was a director on the central board of the Reserve Bank of India, a member of the National Foundation for Corporate Governance, and a member of the governing body of the National Council of Applied Economic Research. New Delhi: Imperial Tabacco Company of India Limited commonly known as ITC's longest-serving chairman Choisissez parmi des contenus premium Yogesh Chander Deveshwar de la plus haute qualité. He passed … In 2010, Yogesh Chander Deveshwar was due to step down as Head of ITC.. Read more about ITC Chairman Yogi Deveshwar passes away at 72, condolences pour in on Business Standard. Yogesh Chander Deveshwar. Deveshwar thinks ITC could be a model for running India's PSUs - Business Today", Inhouse talent preferred for ITC heir: Yogi Deveshwar, "ITC chief Y C Deveshwar to pave way for successor by February 2017", "Meet YC Deveshwar: The 7th Best Performing CEO in the World", "Lost our husbands to tobacco let's fight it together, Mrs Deveshwar", Y C Deveshwar named `Business Person of the Year' by UK Government, https://en.wikipedia.org/w/index.php?title=Yogesh_Chander_Deveshwar&oldid=995061121, Recipients of the Padma Bhushan in trade and industry, Harvard Business School Advanced Management Program attendees, Short description is different from Wikidata, All Wikipedia articles written in Indian English, Articles with unsourced statements from May 2019, Creative Commons Attribution-ShareAlike License, This page was last edited on 19 December 2020, at 00:49. Yogesh Chander Deveshwar was born on 4 February 1947 in Lahore, British India. What's hot. Executive Chairman and CEO of ITC Limited; In office 1 January 1996 – 4 February 2017: Succeeded by: Sanjiv Puri : Chairman and MD of Air India; In office 1991 - 1994: Personal details; Born … Yogesh Chander Deveshwar was an Indian Businessman and Mechanical Engineer. Jump to Page . Yogesh has many family members and associates who include Josephine Gesualdo, Haliza Abdullah, Pamela Ren, … Indian Tobacco Company (ITC,) administrator and CEO Yogesh Chander Deveshwar is India's most adept CEO. Yogesh Chander Deveshwar: He serves as the Chairman of ITC Limited. Guenter Butschek. IIT Kanpur. The President and CEO of India Tobacco Company (ITC), Yogesh Chander Deveshwar, is the oldest CEO in India and received almost three times his company's second-highest salary in 2011. Summary: Yogesh Chandrasekeran currently lives in Lake Hiawatha, NJ; in the past Yogesh has also lived in Wallington NJ, Harrison NJ and Ewing NJ. Yogesh Chander Deveshwar. He serves as the Chairman of ITC Limited. He received his Bachelor of Technology Degree in Mechanical Engineering from the Indian Institute of Technology(IIT), Delhi in 1968. 9. In 2010, Yogesh Chander Deveshwar was due to step down as Head of ITC. His net worth is estimated at $ 56.1 billion. [1] He received a bachelor's degree in mechanical engineering from the Indian Institute of Technology, Delhi in 1968. ... Today, about half of its net revenues of Rs. He was 72. [3] Deveshwar was due to step down as head of ITC in 2010. So much so, Deveshwar and ITC Ltd had become synonymous with each other till he breathed his last on Saturday … one of India's largest multibusiness conglomerates. Must read. Yogesh Chander Deveshwar Itc ’ s longest-serving chairman, passed away in Delhi reported that his salary is Rs Ren, … Chander. Property has been named “ Shantini Ketan ” away at 72, condolences in. About YC Deveshwar made a strong contribution to Indian industry in 2005-06 of his death and earned... 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