Rishi Vasudev: Rishi Vasudev quits as CEO of Lifestyle International and Home Centre
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Rishi Vasudev: Rishi Vasudev quits as CEO of Way of life Worldwide and Residence Centre

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New Delhi: Rishi Vasudev has stop because the CEO of Way of life Worldwide and Residence Centre barely six months after assuming the function on the India unit of the Dubai retail group.

“We wish to inform you that Rishi Vasudev – CEO of Way of life malls and Residence Centre, has determined to maneuver from the corporate resulting from private causes,” Kabir Lumba, chairman of the board of administrators of Way of life, stated in an electronic mail to the corporate’s workers.

In a WhatsApp message Vasudev has confirmed that he has resigned from Way of life and Residence Centre on Friday.

Lumba’s electronic mail to the corporate’s workers, that was reviewed by ET, additional stated that 11th January will probably be Vasudev’s final working day at Way of life regardless that he can be on the corporate’s payroll till finish of March.

Vasudev, a former CEO of Calvin Klein in India, had joined Way of life in June 2020 from Flipkart the place he was heading the style vertical.

Vasudev’s departure comes barely a month after the Dubai-based retail group stated it’s elevating Lumba to the chairman of its board of administrators of Way of life Worldwide.