Shoppers Stop, India’s leading fashion retailer pronounced Salil Nair as its new Chief Executive Officer (CEO), effective from March 01, 2014. He has been elevated from his current position of Chief Operating Officer (COO). In his new role as chief executive, Nair will be responsible for leading the development and implementation of the company’s strategy, store operations, technological innovation, and more.
Speaking on the occasion, Govind Shrikhande, Customer Care Associate & Managing Director, Shoppers Stop Ltd., said: “I am proud and delighted to announce the promotion of Salil Nair to CEO of Shoppers Stop Ltd. In his last few years as COO, he has shown exceptional passion and has helped create a world-class shopping experience for our customers. I am confident that his vision and leadership will help the company grow by leaps and bounds.”
Salil Nair, Customer Care Associate & Chief Executive Officer, Shoppers Stop Ltd, said “I am excited with this new opportunity and all the possibilities that lie ahead of us. I stay committed to the company’s vision to be a global retailer in India and maintain our number position in the department store category”.
Nair has been with Shoppers Stop for over 19 years. His journey in the company started with store operations, and progressed into the buying and merchandising team. Subsequently, he became chief operating officer and significantly contributed to its growth with keen focus on customer service, strong product assortment and systematic operating procedures, etc. With over 25 years of experience in the retail sector, prior to joining Shoppers Stop, he has worked with leading brands such as Carona Limited and Glaxo India Limited.