Kohli quits Yum! with two others
By Mayur Shekhar Jha & Chaitali Chakravarty, TNN |
Highlights
NEW DELHI: Yum! Restaurants, which owns the Pizza Hut and KFC brands, has lost its top management team in India in one shot. The fast food retail chain���s India head, Sandeep Kohli, has put in his papers, and so have director (operations) Ajay Bansal and CFO Anupam Bhattacharya.
When contacted, Mr Kohli confirmed the development. ���We have been around in the company for a long time and have been looking at some exciting opportunities. We have some options in mind, which we will be able to share at a later point of time,��� he said.
Mr Kohli was the CEO of Yum! in India ever since it launched the first Pizza Hut outlet of the country at Bangalore in 1996. A couple of years ago, he also spearheaded the launch of another Yum! chain, KFC, in the country.
The exact reason for Mr Kohli���s exit could not be confirmed. Sources however attribute different reasons for the decision.
When contacted, Mr Kohli confirmed the development. ���We have been around in the company for a long time and have been looking at some exciting opportunities. We have some options in mind, which we will be able to share at a later point of time,��� he said.
Mr Kohli was the CEO of Yum! in India ever since it launched the first Pizza Hut outlet of the country at Bangalore in 1996. A couple of years ago, he also spearheaded the launch of another Yum! chain, KFC, in the country.
The exact reason for Mr Kohli���s exit could not be confirmed. Sources however attribute different reasons for the decision.
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