Ramesh Tainwala named Samsonite's global CEO
Ramesh Tainwala will take over as the chief executive officer of Samsonite International, the world's largest luggage maker, in October, joining a growing league of Indians heading global companies. The American multinational has elevated Tainwala just six months after the Indian took over as its chief operation officer in March this year. Tim Parker, Samsonite's chairman and current CEO, said, "This will allow us to secure the continuity and succession of our management team and drive the further development of our business with an even higher level of focus." With this Tainwala joins a club of 14 select Indians heading multinationals that include Satya Nadella of Microsoft, Indra Nooyi of PepsiCo, Anshu Jain of Deutsche Bank and Ivan Menezes of Diageo among others.
Read the Economic Times news report here.