Delhivery’s Longest-Serving Independent Director Srivatsan Rajan To Step Down; Yashish Dahiya & Dr. Padmini Srinivasan Join Board
Srivatsan Rajan, who joined the Delhivery Board in July 2015, will step down as an Independent Director effective September 30, 2025.
Ashish Bhandari Reappointed As CEO & MD Of Thermax
Ashish Bhandari has been reappointed as the Chief Executive Officer and Managing Director (CEO & MD) of Thermax Limited, effective September 1, 2025.
Sunil Arora Steps Down As Independent Director Of Jindal Drilling & Industries
Sunil Arora has resigned as Independent Director of Jindal Drilling and Industries Limited, with effect from July 31, 2025, due to personal reasons on account of other preoccupations.
Charlie Scharf Appointed As Chairman Of Wells Fargo
Wells Fargo’s Board has appointed Chief Executive Charlie Scharf as Chairman, effective Jul 31, 2025. The Board also plans to name a lead Independent Director.
Douglas H. Brooks Succeeds Rakesh Gangwal As Southwest Airlines Board Chairperson
Douglas H. Brooks has been appointed as the Independent Chairperson of Southwest Airlines’ Board, effective August 1, 2025.
Cristian Barrientos Pozo Appointed Interim CEO Of Walmart Mexico & Central America
Cristian Barrientos Pozo, currently Chief Executive Officer (CEO) of Walmart Chile and a former Senior Vice President (SVP) of Operations at Walmart de Mexico, will serve as Interim CEO until a permanent replacement is appointed.
John M. Donovan, Robert J. Stevens & Timothy J. Keating Join U.S. Steel Board Following Nippon Deal
U.S. Steel announced the appointment of three American Directors to its Board, more than a month after becoming a subsidiary of Nippon Steel.
Italian Watchdog Fines Giorgio Armani For Misleading Worker Rights Statements
The Italian Competition Authority announced a 3.5 million euro (USD 4 million) fine against Giorgio Armani for issuing ethical and social responsibility statements that it said did not match actual working conditions at some suppliers and subcontractors.
Girish Kousgi To Step Down As CEO & MD Of PNB Housing Finance
Girish Kousgi has resigned as Chief Executive Officer and Managing Director (CEO & MD) of PNB Housing Finance Limited, effective October 28, 2025, to explore opportunities outside the organisation.
Suruchi Wanare Concludes Her Tenure As Compliance Officer Of UTI Asset Management Company
Suruchi Wanare ceased to be the Compliance Officer of UTI Asset Management Company Limited, consequent to attaining the age of superannuation with effect from July 31, 2025.
