Tag: Leena Nair

  • Indian Origin CEOs Who Are Ruling The World

    According to recent studies, Indian-origin CEOs are currently leading some of the world’s most successful companies in a variety of sectors.

    From technology to healthcare, these leaders have achieved remarkable success and are now considered among the most influential CEOs in the world.

    There is a whole range of companies, starting from IBM, Cognizant, and Adobe to tech giants like Google and Microsoft, mobile mammoths like Nokia, and content kings like OnlyFans, where the CEOs are of Indian origin and are upping the game, no doubt.

    So, without further ado, let’s take a closer look at the top Indian CEOs ruling the world in 2023.

    Indian Origin CEO Company Year of Service
    Sundar Pichai Alphabet Inc. (Google) 2015 – Present
    Satya Nadella Microsoft Corporation 2014 – Present
    Vivek Sankaran Albertsons Companies 2019 – Present
    Arvind Krishna IBM 2020 – Present
    Vasant Narasimhan Novartis AG 2018 – Present
    Sanjay Mehrotra Micron Technology 2017 – Present
    Laxman Narasimhan Starbucks 2023 – Present
    Revathi Advaithi Flex Ltd. 2019 – Present
    Neal Mohan YouTube 2023 – Present
    Shantanu Narayen Adobe Inc. 2007 – Present
    Niraj Shah Wayfair 2002 – Present
    George Kurian NetApp 2015 – Present
    Leena Nair Chanel 2022 – Present
    Ravi Kumar S Cognizant 2023 – Present
    Nikesh Arora Palo Alto Networks 2018 – Present
    Anjali Sud Tubi 2023 – Present
    Devika Bulchandani Ogilvy 2022 – Present
    Jayshree Ullal Arista Networks 2008 – Present
    Rangarajan Raghuram VMWare 2021 – Present

    Sundar Pichai
    Satya Nadella
    Vivek Sankaran
    Arvind Krishna
    Vasant Narasimhan
    Sanjay Mehrotra
    Laxman Narasimhan
    Revathi Advaithi
    Neal Mohan
    Shantanu Narayen
    Niraj Shah
    George Kurian
    Leena Nair
    Ravi Kumar S
    Nikesh Arora
    Anjali Sud
    Devika Bulchandani
    Jayshree Ullal
    Rangarajan Raghuram
    Punit Renjen
    Ivan Menezes
    Amrapali ‘Ami’ Gan
    Sanjay Jha
    Rajeev Suri
    Francisco D’Souza
    Dinesh Paliwal
    Ashok Vemuri
    Ajaypal Singh Banga
    Parag Agarwal

    Sundar Pichai

    Company Google, Alphabet
    Headquarters Mountain View, California, United States
    Revenue $279.8 billion (Google), $282.83 billion (Alphabet)(2022)
    Term of Office Google (2015-Present), Alphabet (2019-Present)

    Indian Origin CEO- Sundar Pichai (Google and Alphabet)
    Indian Origin CEO- Sundar Pichai (Google and Alphabet)

    Pichai Sundararajan, also known as Sundar Pichai, was born in Tamil Nadu, India. He earned a degree from IIT Kharagpur in metallurgical engineering and is a distinguished alumnus of that institution.

    He holds an M.S. from Stanford University and an MBA from the Wharton School of the University of Pennsylvania where he was named a Siebel Scholar and a Palmer Scholar.

    Pichai began his career as a materials engineer and joined Google as a management executive in 2004 and became the CEO of Google in the year 2015. Pichai was also named as the CEO of Google parent, Alphabet in December 2019, when he replaced Larry Page.

    Satya Nadella

    Company Microsoft
    Headquarters One Microsoft Way Redmond, Washington, United States
    Revenue $198.27 billion (2022)
    Term of Office 2014-Present

    Indian Origin CEO - Satya Nadella (Microsoft )
    Indian Origin CEO – Satya Nadella (Microsoft)

    Hyderabad-born Satya Nadella has a BE from the Manipal Institute of Technology, an MS from the University of Wisconsin–Milwaukee, and an MBA from the University of Chicago Booth School of Business.

    Before joining Microsoft in 1992, he worked at Sun Microsystems as a member of its technology staff.

    He became the CEO of Microsoft in 2014 succeeding Steve Ballmer. He also succeeded John W. Thompson and was named Chairman of Microsoft in 2021.

    Vivek Sankaran

    Company Albertsons Cos Inc
    Headquarters Boise, Idaho, United States
    Revenue $76.768 billion (2022)
    Term of Office 2019-Present

    Indian Origin CEO- Vivek Sankaran (Albertsons Companies)
    Indian Origin CEO- Vivek Sankaran (Albertsons Companies)

    Vivek Sankaran is a well-known business executive in the United States. He is currently the President and CEO of Albertsons Companies, one of the largest food and drug retailers in the U.S., with more than 2,200 stores across 33 states.

    Before joining Albertsons in 2019, Sankaran was the CEO of PepsiCo Foods North America, where he led the company’s Frito-Lay and Quaker Foods businesses in the U.S. and Canada. He has also held senior leadership roles at other major companies, including Procter & Gamble and McKinsey & Company.

    Under his leadership, Albertsons has continued to expand its digital capabilities, introduce new products and services, and improve its supply chain and logistics operations.

    Arvind Krishna

    Company IBM
    Headquarters Armonk, New York, United States
    Revenue $60.53 billion (2022)
    Term of Office 2020-Present

    Indian Origin CEO- Arvind Krishna (IBM)
    Indian Origin CEO- Arvind Krishna (IBM)

    The Indian CEO of IBM, who became the Chairman on January 1, 2021, Arvind Krishna was born in Dehradun, India.

    He completed his schooling at St Joseph’s Academy, Dehradun, and the Stanes School, Coonoor, Tamil Nadu. He then received a Bachelor’s degree in Electrical Engineering from IIT Kanpur in 1985 and eventually got a PhD in Electrical Engineering.

    Krishna began his career at IBM as an engineer in IBM Research and was promoted to CEO in 2020. He is currently serving IBM as its CEO and Chairman.

    Vasant Narasimhan

    Company Novartis AG
    Headquarters Basel, Switzerland
    Revenue $50.5 billion (2022)
    Term of Office 2018-Present

    Indian Origin CEO - Vasant Narasimhan (Novartis AG)
    Indian Origin CEO – Vasant Narasimhan (Novartis AG)

    Narasimhan was born in the United States in 1976 but spent much of his childhood in India. He attended the Syosset High School in New York before earning a bachelor’s degree in biological sciences from the University of Chicago.

    He went on to complete his MD from Harvard Medical School, as well as a master’s degree in public policy from Harvard’s John F. Kennedy School of Government.

    After completing his education, Narasimhan worked as a consultant at McKinsey & Company before joining Novartis in 2005. In 2014, he was appointed as the Global Head of Drug Development and Chief Medical Officer for Novartis.

    In 2018, Narasimhan was named CEO of Novartis, succeeding Joseph Jimenez.

    Sanjay Mehrotra

    Company Micron Technology
    Headquarters Boise, Idaho, United States
    Revenue $27.15 billion (2022)
    Term of Office 2017-Present

    Indian Origin CEO - Sanjay Mehrotra (Micron Technology)
    Indian Origin CEO – Sanjay Mehrotra (Micron Technology)

    Kanpur-born Sanjay Mehrotra started his college at BITS Pilani and then transferred to the University of California, Berkeley from where he obtained a Bachelor’s and a Master’s in Electrical Engineering and in Computer Science.

    He is the current CEO of Micron Technology, who assumed office when Mark Durcan retired in February 2017.

    Previously, he co-founded SanDisk, where he served as the president and CEO until its acquisition by Western Digital in 2016.

    Laxman Narasimhan

    Company Starbucks
    Headquarters Seattle, Washington, United States
    Revenue $30.4 billion (2022)
    Term of Office 2022-Present

    Indian Origin CEO - Laxman Narasimhan (Starbucks)
    Indian Origin CEO – Laxman Narasimhan (Starbucks)

    Laxman holds a degree in Mechanical Engineering from the College of Engineering, University of Pune, an MA degree in German and International Studies from The Lauder Institute, and an MBA in Finance from The Wharton School of The University of Pennsylvania.

    He joined Starbucks under the title “interim CEO” in October 2022, and following the transition will succeed interim CEO Howard Schultz. Narasimhan officially assumed the role of Chief Executive Officer of Starbucks in March 2023.

    Revathi Advaithi

    Company Flex (formerly Flextronics)
    Headquarters Singapore
    Revenue $29.72 billion (2022)
    Term of Office 2019-Present

    Indian Origin CEO - Revathi Advaithi (Flex)
    Indian Origin CEO – Revathi Advaithi (Flex)

    The CEO of Flex and an advocate of women in STEM (Science, Technology, Engineering, and Mathematics), Revathi Advaithi is an Indian-American business executive, who was born in India.

    Advaithi started her career as a shop floor supervisor in Eaton. In 2002, she joined Honeywell and returned to Eaton again, where she worked for 10 long years after becoming the COO. She eventually left Eaton and joined Flex as the company’s CEO in 2019. Revathi is an alumnus of Birla Institute of Technology and Science (BS) and Thunderbird School of Global Management (MBA).

    She is an independent director for the board of directors of Uber and Catalyst.org along with her present role. Besides, she also is a member of the MIT Presidential CEO Advisory Board. Revathi was also featured in Fortune’s list of the Most Powerful Women in 2019 and 2020.


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    Neal Mohan

    Company YouTube
    Headquarters San Bruno, California, United States
    Revenue $29.2 billion (2022)
    Term of Office 2023-Present

    Indian Origin CEO - Neal Mohan (YouTube)
    Indian Origin CEO – Neal Mohan (YouTube)

    Neal Mohan is an accomplished Indian-American executive with a bachelor’s degree in electrical engineering from Stanford University and an MBA from the Stanford Graduate School of Business.

    He began his career at Accenture, where he worked for approximately 1.5 years, before moving on to Microsoft as a manager in the company’s corporate strategy department.

    In 2008, Mohan joined Google after the tech giant’s acquisition of DoubleClick. Over the years, he rose through the ranks and became YouTube’s chief product officer in 2015, overseeing the platform’s product and user experience.

    Mohan’s impressive educational background and extensive tech industry experience played a significant role in his success. Notably, Neal Mohan, the Indian American business executive, became the CEO of YouTube in February 2023.

    Shantanu Narayen

    Company Adobe Inc
    Headquarters San Jose, California, United States
    Revenue $17.6 billion (2022)
    Term of Office 2007-Present

    Indian Origin CEO - Shantanu Narayen (Adobe)
    Indian Origin CEO – Shantanu Narayen (Adobe)

    Born in Hyderabad, India, Shantanu Narayan started his career at Apple. He holds a Bachelor of Science degree from Osmania University, an MBA from the University of California, Berkley, and an MS from Bowling Green State University.

    Narayen joined Adobe in 1998 and got promoted to CEO in December 2007, at the age of 45.

    Narayen also represented India in sailing at an Asian Regatta and got his name among the world’s best CEOs by Barron’s Magazine in the year 2016.

    Niraj Shah

    Company Wayfair
    Headquarters Boston, Massachusetts, United States
    Revenue $12.369 billion (2022)
    Term of Office 2002-Present

    Indian Origin CEO - Niraj Shah (Wayfair)
    Indian Origin CEO – Niraj Shah (Wayfair)

    Shah earned a bachelor’s degree in engineering from Cornell University and a master’s degree in engineering from the Massachusetts Institute of Technology (MIT).

    After completing his education, Shah started his career as a consultant at the global management consulting firm McKinsey & Company, where he worked for several years.

    In 2002, he co-founded the online furniture retailer CSN Stores (which later became Wayfair) with his friend and business partner, Steve Conine.

    George Kurian

    Company NetApp
    Headquarters San Jose, California, United States
    Revenue $6.549 billion
    Term of Office 2015-Present

    Indian Origin CEO - George Kurian (NetApp)
    Indian Origin CEO – George Kurian (NetApp)

    After serving as the executive vice president of product operations for two years at NetApp, George Kurian became the CEO and President of the company in June 2015.

    Born in Kottayam district, Kerala, he pursued engineering at IIT-Madras, but left six months later to join Princeton University; he also holds an MBA degree from Stanford.

    Leena Nair

    Company Chanel
    Headquarters London, United Kingdom
    Revenue $15.6 billion
    Term of Office 2022-Present

    Indian Origin CEO - Leena Nair (Chanel)
    Indian Origin CEO – Leena Nair (Chanel)

    Born on June 11, 1969, in Kolhapur, Maharashtra, Leena Nair was an Electronics Engineering student at Walchand College of Engineering. After completing her graduation, Leena went to XLRI Jamshedpur from where she came out as a gold medallist.

    Nair joined Anglo-Dutch company Unilever and was notably appointed as the Chief Human Resource Officer of the firm in 2016. She was recognized as the youngest, first female, and the first Asian ever to achieve the feat. Leena served many leadership positions in the same company before being appointed as the CHRO. Leena Nair was once again announced as the CEO of the French fashion brand, Chanel.

    Ravi Kumar S

    Company Cognizant
    Headquarters Teaneck, New Jersey, United States
    Revenue $19.428 billion
    Term of Office 2023-Present

    Indian Origin CEO - Ravi Kumar S (Cognizant)
    Indian Origin CEO – Ravi Kumar S (Cognizant)

    Ravi Kumar S. took on the role of CEO at Cognizant in January 2023. His tenure as CEO followed a distinguished career where he served as the President of Infosys from January 2016 to October 2022, contributing to his deep understanding of the IT industry.

    Kumar’s educational background is equally impressive, with an engineering degree from Shivaji University in Maharashtra and an MBA from Xavier Institute of Management in Orissa. His journey in the technology sector underscores the increasing presence of Indian-origin CEOs in global tech companies.

    Nikesh Arora

    Company Palo Alto Networks
    Headquarters Santa Clara, California, United States
    Revenue $5.818 billion
    Term of Office 2018-Present

    Indian Origin CEO - Nikesh Arora (Palo Alto Networks)
    Indian Origin CEO – Nikesh Arora (Palo Alto Networks)

    Nikesh Arora took the role of CEO and Chairman at Palo Alto Networks in June 2018. Prior to this, he worked with Google and SoftBank.

    Born to an Indian Air Force Officer, Arora holds a Btech degree in Electrical Engineering from IIT BHU, Varanasi.

    Furthermore, Arora also holds a degree from Boston College and an MBA from Northeastern University. Nikesh Arora has retained the CFA that he earned in 1999.

    Anjali Sud

    Company Tubi
    Headquarters San Francisco, United States
    Revenue NA
    Term of Office 2023-Present

    Indian Origin CEO - Anjali Sud (Tubi)
    Indian Origin CEO – Anjali Sud (Tubi)

    Born in the USA, Detroit, Anjali Sud is an American businesswoman of Indian origin and is popularly known for being the CEO of Vimeo. Sud opted to study at the private school, Phillips Andover Academy at the age of 14.

    She eventually received a B.Sc. degree in Finance and Management from the Wharton School of the University of Pennsylvania and later topped it off with an MBA from Harvard Business School.

    Sud was appointed as a Vimeo CEO in July 2017. She previously served as a General Manager and the Head of Marketing of the company. Sud is also counted as a Board member of Dolby Laboratories. Furthermore, Sud is a Young Global Leader of the World Economic Forum. She was also listed by Fortune in 2018 under its 40 Under 40 rising business leaders.

    Anjali Sud stepped down from her position as Vimeo CEO and joined Tubi in September 2023, taking on the role of CEO at Fox Corp.’s free streaming service.


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    Devika Bulchandani

    Company Ogilvy
    Headquarters New York, New York, United States
    Revenue $0.04 billion (2022)
    Term of Office 2022-Present

    Indian Origin CEO - Devika Bulchandani (Ogilvy)
    Indian Origin CEO – Devika Bulchandani (Ogilvy)

    Devika Bulchandani was born and raised in India, and she completed her schooling there. She then moved to the United States to pursue higher education, and she graduated with a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania.

    Bulchandani began her career in the advertising industry in 1995, working at several leading agencies such as Ammirati Puris Lintas, J. Walter Thompson, and McCann Erickson. She joined Ogilvy in 1999 as an Account Director and worked her way up the ranks, eventually becoming the Chief Operating Officer of Ogilvy New York in 2017.

    In March 2021, Bulchandani was appointed as the CEO of Ogilvy North America, making her the first woman of color to lead the agency.

    Jayshree Ullal

    Company Arista Networks
    Headquarters Santa Clara, California, United States
    Revenue $4.381 billion (2022)
    Term of Office 2008-Present

    Indian Origin CEO - Jayshree Ullal (Arista Networks)
    Indian Origin CEO – Jayshree Ullal (Arista Networks)

    Jayashree Ullal, the President, and CEO of Arista Networks was raised in New Delhi and attended San Francisco State University from where she graduated with a B.S. in Engineering.

    She then went on to obtain a Master’s degree in Engineering Management from Santa Clara University.

    Rangarajan Raghuram

    Company VMware
    Headquarters Palo Alto, California, United States
    Revenue $13.16 billion (2022)
    Term of Office 2021-Present

    Indian Origin CEO - Rangarajan Raghuram (VMware)
    Indian Origin CEO – Rangarajan Raghuram (VMware)

    Rangarajan Raghuram currently serves as the CEO of VMware, who assumed his office on June 1, 2021.

    Raghuram joined the company back in 2003 and has held multiple key leadership positions, thus being responsible for influencing the company’s strategies and bringing forth a technological revolution that VMware has seen.

    Punit Renjen

    Company Deloitte
    Headquarters London, England
    Revenue $59 billion (2022)
    Term of Office 2015-2022

    Indian Origin CEO - Punit Renjen (Deloitte)
    Indian Origin CEO – Punit Renjen (Deloitte)

    Renjen was born and raised in India, where he earned a Bachelor of Commerce degree from the University of Bombay. He later moved to the United States to pursue an MBA from Willamette University’s Atkinson Graduate School of Management in Oregon.

    After completing his MBA, Renjen joined Deloitte’s U.S. consulting practice in 1989. He quickly rose through the ranks, becoming a partner in the firm’s consulting practice in 1999.

    In 2015, Renjen was appointed as the Global CEO of Deloitte, becoming the first person of Indian origin to lead one of the “Big Four” accounting firms.

    On December 31, 2022, Punit retired as Deloitte Global CEO after having served in the role since June 2015. He now serves as Deloitte Global CEO Emeritus.

    Ivan Menezes

    Company Diageo
    Headquarters London, England
    Revenue $20.56 billion (2022)
    Term of Office 2013-2023

    Indian Origin CEO - Ivan Menezes (Diageo)
    Indian Origin CEO – Ivan Menezes (Diageo)

    Ivan Menezes was born in Pune, India, in 1959. Menezes attended high school in Hong Kong and went on to study at the University of Pune in India, where he earned a Bachelor of Commerce degree.

    He then moved to the United States to pursue a Master of Business Administration (MBA) degree from Northwestern University’s Kellogg School of Management.

    Menezes started his career with Nestle in 1986, working in various roles across Latin America, Europe, and Asia. Menezes joined Diageo in 1997 as a strategy director and was subsequently appointed president and CEO of Diageo North America in 2004.

    He was later promoted to the role of Chief Operating Officer in 2012, before becoming CEO in 2013.

    Ivan served as the CEO of Diageo from 2013 until his passing in June 2023. Later, in June 2023, Debra Crew was appointed as Diageo’s Chief Executive Officer.

    Amrapali ‘Ami’ Gan

    Company OnlyFans
    Headquarters London, England
    Revenue $2.5 billion (2022)
    Term of Office 2021-2023

    Indian Origin CEO - Amrapali Gan (OnlyFans)
    Indian Origin CEO – Amrapali Gan (OnlyFans)

    Amrapali Gan has been named the new CEO of the London-based internet content subscription service company, OnlyFans on December 21, 2021, with the founder of the company Tim Stokely stepping down from the role. The NRI Indian CEO has already assumed office on the same date.

    Amrapali Gan, or ‘Ami’ Gan, as she is nicknamed, has completed her early and higher education in California, US.

    Gan has completed her Associate of Arts degree in Merchandise Marketing from FIDM. She then pursued a Bachelor of Arts in PR and Organisational Communications from California State University.

    Furthermore, she also went on to earn her Certificate of Entrepreneurship from Harvard Business School Online. Ami had worked as a consultant with Arcade Agency for around 4 years before being appointed as the CEO of OnlyFans.

    In July 2023, Ami Gan resigned as the CEO of OnlyFans after a two-year tenure, with Chief Strategy and Operations Officer Keily Blair stepping in as the new CEO. Ami Gan has started her own new venture, Hoxton Projects.

    Sanjay Jha

    Company Global Foundries and Motorola
    Headquarters Malta, New York, United States
    Revenue $2.5 billion (2022)
    Term of Office 2014-2018

    Indian Origin CEO - Sanjay K Jha (GlobalFoundries and Motorola)
    Indian Origin CEO – Sanjay K Jha (GlobalFoundries and Motorola)

    He is the former chief executive officer (CEO) of GlobalFoundries and the former chairman and CEO of Motorola Mobility. Before that, he was the chief operating officer of Qualcomm.

    Jha was born in Bhagalpur, Bihar, and holds a BS from the University of Liverpool and a PhD from the University of Strathclyde.

    Rajeev Suri

    Company Nokia
    Headquarters Espoo, Finland
    Revenue $25.997 billion (2022)
    Term of Office 2014-2020

    Indian Origin CEO - Rajeev Suri (Nokia)
    Indian Origin CEO – Rajeev Suri (Nokia)

    Rajeev Suri is an Indian–Singaporean business executive and the former CEO of Nokia from New Delhi, India. Suri joined Nokia in 1995 and held various key positions before being the President and CEO in April 2014, which was after Nokia had repurchased full control of the NSN and sold its phone division to Microsoft Mobile.

    Suri holds a B-Tech from the Manipal Institute of Technology. After he left his office at Nokia, Suri in 2020 giving way to its new CEO, Pekka Lundmark, Suri joined Inmarsat, where he joined as a CEO effective from March 1, 2021, onwards.

    Francisco D’Souza

    Company Cognizant
    Headquarters Teaneck, New Jersey, United States
    Revenue $19.428 billion (2022)
    Term of Office 2007-2019

    Indian Origin CEO - Francisco D'Souza (Cognizant)
    Indian Origin CEO – Francisco D’Souza (Cognizant)

    Francisco D’Souza is among the youngest CEOs in the software services sector and a member of the company’s board of directors. D’Souza joined Cognizant as a co-founder in 1994 and went on to become its CEO in 2007.

    The son of an Indian, D’Souza was born in Kenya and is distinguished as the former CEO and Vice Chairman of Cognizant. He holds a BBA from the University of East Asia, Macau, and an MBA from Carnegie Mellon University, Pittsburgh.

    Brian Humphries succeeded Francisco D’Souza as Cognizant’s CEO in April 2019, and later in January 2023, Ravi Kumar S was appointed as the new Chief Executive Officer of Cognizant.

    Dinesh Paliwal

    Company Harman International
    Headquarters Stamford, Connecticut, United States
    Revenue $2.7 billion (2022)
    Term of Office 2007-2020

    Indian Origin CEO - Dinesh Paliwal (Harman International)
    Indian Origin CEO – Dinesh Paliwal (Harman International)

    Born in Agra, Uttar Pradesh, Paliwal holds a BE and an MS degree from IIT Roorkee. He also obtained an MBA from Miami University.

    Paliwal is known as the former President and CEO of Harman International, an independent subsidiary of Samsung Electronics, who stepped down from both of the positions and is currently appointed among the Board of Directors of the company.

    Before joining Harman, he spent 22 years with ABB Group, where he held the dual role of President of ABB Group with responsibility for the company’s global P&L, and Chairman/CEO – ABB North America.

    Ashok Vemuri

    Company Conduent Inc. of Xerox Corporation
    Headquarters Florham Park, New Jersey, United States
    Revenue $3.85 billion (2022)
    Term of Office 2016-2019

    Indian Origin CEO - Ashok Vemuri (Conduent Inc of Xerox Corporation)
    Indian Origin CEO – Ashok Vemuri (Conduent Inc of Xerox Corporation)

    New Delhi-born Ashok Vemuri is one among the Board of Directors for Financial Policy and Public Responsibilities at Kroger and was the former Chief Executive Officer of IGATE and Conduent.

    Xerox, the 110-year-old document technology company that over the years came to symbolize everything associated with photocopying, named former iGate-appointed CEO Ashok Vemuri as the new CEO of its back-office outsourcing company, Conduent.

    Vemuri was also appointed as the Executive Vice President and CEO of Xerox Business Services LLC.

    Ajaypal Singh Banga

    Company Mastercard
    Headquarters Purchase, Harrison, New York, United States
    Revenue $22.23 billion (2022)
    Term of Office 2010-2020

    Indian Origin CEO - Ajaypal Singh Banga (Mastercard)
    Indian Origin CEO – Ajaypal Singh Banga (Mastercard)

    Beginning his business career with Nestlé in 1981, Pune-born Ajaypal Singh Banga was appointed as the President and CEO of Mastercard back in July 2010 and retained his office till December 31, 2020, after which he stepped down giving way to Michael Miebach.

    He completed his primary education at the Hyderabad Public School in Begumpet and he went on to graduate with a Bachelor of Arts (Honours) degree in Economics from St. Stephen’s College, Delhi University followed by a PGP in Management from the IIM Ahmedabad.

    Banga was nominated by the Biden administration in February 2023 and elected as the President of the World Bank on May 3, 2023.


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    Parag Agarwal

    Company Twitter
    Headquarters San Francisco, California, United States
    Revenue $1.17 billion (2022)
    Term of Office 2021-2022

    Indian Origin CEO - Parag Agrawal (Twitter)
    Indian Origin CEO – Parag Agrawal (Twitter)

    Born in Ajmer, Rajasthan on May 21, 1984, Parag Agrawal was schooled at Atomic Energy Central School No.4., where he studied with the renowned singer Shreya Ghoshal. Agrawal sat for the Joint Entrance Exam, where he was placed 77th, thereby seizing a chance to be admitted at the IIT Bombay.

    He completed his B.Tech. degree in Computer Science and Engineering from the same institute in 2005. Parag then decided to pursue a PhD in computer science from Stanford University, US.

    He was the CEO of Twitter, Inc. from November 2021 to October 2022. Agrawal was promoted to the post of Chief Technology Officer (CTO) in October 2017, when he replaced Adam Massinger. This was the last designation that he served before being named as the Chief Executive Officer of the company on November 29, 2021.

    Conclusion

    CEOs are integral to a company. He/she, when appointed as the CEO of a particular company, manages and monitors the day-to-day operations of the firm, and also stands responsible for strategic planning and decision-making. The CEO is the person who determines the direction of a business and is thus, a respectable as well as a valuable asset of the company.

    Therefore, it feels exceptionally good to be an Indian when you get to hear that the CEOs of such big companies that are shaping the modern world are Indian in origin. Hope you find this list of Indian-origin CEOs at the top companies globally useful and informative!

    FAQs

    Who is the highest paid CEO of India?

    Mukesh Ambani, the CEO of Reliance Industries is the highest paid CEO of India.

    Who are the top 10 CEO in world?

    Top 10 CEO in world are:

    • Elon Musk
    • Satya Nadella
    • Mark Zuckerberg
    • Andy Jassy
    • Tim Cook
    • Jeff Bezos
    • Jack Dorsey
    • Arvind Krishna
    • Warren Buffett
    • Jamie Dimon

    Who are the Indian Origin CEOs leading the world?

    Some of the top Indian origin CEOs leading the world are:

    • Sundar Pichai
    • Satya Nadella
    • Parag Agrawal
    • Leena Nair
    • Amrapali ‘Ami’ Gan
    • Shantanu Narayen
    • Sanjay Mehrotra
    • Sanjay Jha
    • Rajeev Suri
    • George Kurian
    • Revathi Advaithi
    • Francisco D’Souza
    • Dinesh Paliwal
    • Ashok Vemuri
    • Nikesh Arora
    • Anjali Sud
    • Ajaypal Singh Banga
    • Arvind Krishna
    • Jayshree Ullal
    • Rangarajan Raghuram

    Who are the top CEOs in India?

    Some of the Top CEOs in India are:

    • Mukesh Ambani
    • Arvind Krishna
    • Gopal Vittal
    • S N Subrahmanyam
    • C P Gurnani
    • Pawan Munjal
    • Kalanithi Maran
    • Indra Nooyi
    • Salil Parikh
    • Savitri Jindal
  • Chanel – Growth Journey of The Centenarian Luxury Fashion Brand

    Company Profile is an initiative by Startup Talky to publish verified information on different startups and organizations. The content in this post has been approved by Chanel.

    The growing appetite for the fashion industry has never settled since the late 1800s. Reports claim that it was the time when the seeds for fashion shows and other fashion events were sowed. Despite all the hardships that unfolded during the early and mid-1900s, the fashion industry continued its uphill path. The industry today is valued at $3 trillion and accounts for 2% of global GDP.

    Chanel is one such luxury fashion company that was established over 100 years ago. Started as a small millinery shop by a fashion designer in 1909, Chanel today has expanded its operation worldwide and has over 20,000 employees. This article covers the success story of Chanel, its founders, competitors and every aspect of this establishment.

    Chanel – Company Highlights

    Company Name Chanel
    Headquarters London, United Kingdom
    Industry Fashion
    Founder Coco Chanel
    Founded 1910
    CEO Leena Nair (Global)
    Website chanel.com

    Chanel – About
    Chanel – Founders and Team
    Chanel – Startup Story
    Chanel – Mission and Vision
    Chanel – Name and Logo
    Chanel – Challenges Faced
    Chanel – Acquisitions & Investments
    Chanel – Growth
    Chanel – Competitors
    Chanel – Future Plans

    Chanel Success Story

    Chanel – About

    Chanel is a luxury fashion brand that was founded by Coco Chanel in 1910. The company was based in France, whereinafter 110 years, the board has decided to shift their global headquarters to London. Chanel deals with luxury clothes, jewelry, perfumes and other fashion goods. This luxury brand mostly focuses on women’s outfits and accessories.

    Chanel serves as a trend-setter in the fashion industry. Coco Chanel, as a fashion designer and a businesswoman, made sure that the elegance of her brand never fades despite world wars and geographical and environmental barriers. Besides the outfits, Chanel is known for its wine, watches, perfumes and skincare products too. The company today operates over 310 boutiques worldwide that are located in opulent communities like airports, extravagant stores, high streets, etc.

    Chanel – Founders and Team

    Founder of Chanel – Gabrielle “Coco” Chanel

    Chanel remains a privately held company owned by the grandsons of Pierre Wertheimer, who was a business partner with Coco Chanel. Here are the founder and other key people associated with Chanel:

    Gabrielle Chanel (Coco Chanel)

    Gabrielle Chanel was the founder of the luxury brand ‘Chanel’. ‘Coco’ was a nickname given to her during her time as a songstress. She was orphaned at a young age. Facing the world on her own since childhood gave her confidence and strength. Coco Chanel’s qualifications as a fashion designer and daring nature aspired her as a successful businesswoman.

    Pierre Wertheimer

    In 1924, Pierre Wertheimer joined hands with Coco Chanel as a business partner for 70% shares in the company. The agreement was that Wertheimer should finance the production and distribution of Chanel’s perfumes. Another person named Theophile Bader was given 20% shares for marketing the same in his departmental stores. Later, Coco Chanel had some disagreements with them and happened to file a lawsuit against Wertheimer. She lost complete control of the company to Wertheimers in 1954.

    Alain Wertheimer and Gerard Wertheimer

    Alain and Gerard are currently the co-owners of Chanel. Alain serves as the chairman of Chanel and Gerard heads the division of Watch. They are the grandsons of Pierre Wertheimer.

    Leena Nair

    Leena Nair is the Global CEO of the brand Chanel. She was appointed to this new role in January 2022. Leena Nair has earlier been a part of Unilever as its Chief Human Resource Officer. She is an Indian and was born and brought up in Kolhapur, Maharashtra.


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    Chanel – Startup Story

    The story of Chanel began in 1910 when its founder Coco Chanel opened a hat store named ‘Chanel Modes’ in a flat in Paris. Etienne Balsan, who was a friend of Coco, helped her with his bachelor’s apartment. Arthur “Boy” Capel, the lover of Coco Chanel, funded her early business. He helped Coco to set up her own stores in Paris. This also helped her to expand the business from only hats to sportswear and other outfits for women. As the business started to grow Coco Chanel kept increasing the outlets and widened her focus on other products like perfumes and jewelry. Her love affairs and loyal friendships helped her succeed in her early stages of Chanel.

    Chanel – Mission and Vision

    Chanel has a mission “To be the Ultimate House of Luxury, defining style and creating desire, now and forever”. The company stood to its mission right from its inception. It created new styles and never compromised with its grandeur and opulence.

    The vision of Chanel is to give worldly experience to the customers through its products that remain timeless. The wearer should enjoy a quality product with utmost comfort is the primary vision of the company.

    Chanel logo
    Chanel logo

    The name of the elegant brand ‘Chanel’ is derived from the founder’s name Coco Chanel. The logo of the company consists of two ‘C’s interlocking each other. This logo was designed by Coco Chanel herself in 1925. There are a couple of reasons being circulated for those two Cs. One reason unfolds is that the Cs stand for the name of its creator Coco Chanel. Another claims that one C represents Coco Chanel and the other stands for Capel (Arthur “Boy” Capel).

    Chanel – Challenges Faced

    As a century-old company, Chanel has faced numerous challenges throughout its journey. Within just four years of seeding the company and one year since it started sprouting, the First World War started. WW1 caused a huge difference in fashion, demand for clothes and scarcity of fabrics and employees. Even the manufacturing units were struck in warzones. This was the major setback faced initially by the company.

    The next challenge arose during the Second World War. Chanel happened to close the doors of its outlets in 1939 following the war outbreak. The doors of Chanel remained closed for years. When she came back into the business in 1954, Coco Chanel and the company had lost their reputation due to her rumoured involvement in the war with Nazis. Also, it was challenging to cope with new generation designers which she eventually did in her 70s.

    The death of Karl Lagerfeld, who was the creative director at Chanel since 1983, created a huge gap in the company’s creative department. His contribution to Chanel was priceless.

    The Covid outbreak stumbled Chanel’s business to a great extent in 2020. The CFO of the company said that the Covid impact on the luxury fashion sector could last up to 2 years and the recovery might take some time.

    Chanel – Acquisitions & Investments

    Chanel has made several investments and acquisitions over the years. Here is the list of those companies that Chanel has invested in:

    Company Name Date of Acquisition/Investment Investment Round Amount
    Arcaea Oct 27, 2021 Series A $78 Million
    P2 Science Jan 29, 202 Series C $12 Million
    Sulapac Dec 11, 2019 Venture Round €15 Million
    Evolved By Nature Jun 12, 2019 Corporate Round
    Sulapac Dec 7, 2018 Funding Round
    Samanta Jul 11, 2019 Acquisition
    Orlebar Brown Sep 30, 2018 Acquisition
    Colomer Leather Group Aug 31, 2018 Acquisition

    Other than the above companies Chanel has acquired a 40% stake in Renato Corti and Mabi. Mabi is a high-end handbag manufacturer and Renato Corti is involved in the leather business. A 34% stake was procured in the lingerie and swimwear manufacturer Grandis. The overall investment had cost $169 Million for Chanel. The company also took over the majority stake in the Italian knitwear company Paima for an undisclosed amount.

    Chanel – Growth

    The growth of Chanel has been consistent and extraordinary. Despite all the hardships, like World Wars, the loss of its founder, the death of the creative director and many more, Chanel kept marching forward by enhancing its existing division and introducing new ones.

    Starting an outlet in an apartment with the help of a friend in 1910, Coco Chanel opened an independent store in 1913. The hat business was extended to sportswear. The number of stores increased along with their product varieties. In 1920, Chanel started the stylish haute couture style of dressmaking. The year 1924 saw the introduction of Chanel’s costume jewelry and signature cardigan jackets followed by the popular Little Black Dress in 1926.

    After a setback during WW2, Chanel came back strong with the introduction of gemstone jewelry and iconic handbags in 1954 and 1955 respectively. After Coco Chanel died in 1971, the company lacked a potential creator and designer. But in 1983, with the addition of Karl Lagerfeld, the Godfather of Fashion, Chanel’s innovation and growth were on an uphill phase. By 1990, Chanel became a popular global luxury fashion brand and still continues to be.


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    Chanel – Competitors

    The following are some of the competitors of Chanel:

    Gucci

    Gucci is an Italian luxury fashion brand founded by Guccio Gucci in 1921. It is one of the top competitors of Chanel. Gucci’s products and services have excellent quality and finish that has a great reception among customers. Though Gucci is 11 years younger than Chanel, they both almost stand beside each other in the competition.

    Louis Vuitton

    Louis Vuitton, popularly known as LVMH, is another French luxury brand similar to Chanel. It was established in 1854 and is one of the leading fashion brands in the world. Louis Vuitton manufactures products for both men and women. The company has set benchmarks for the design and quality in the industry.

    Prada

    Prada was established in 1913 and is known for its leather products and travel and fashion accessories. The company markets its products through its 618 outlets spread across the world and also online. Prada is known for its quality, color and fabrics.

    L’Oreal

    L’Oreal is just a year older than Chanel and was incorporated in France. It is one of the largest cosmetics companies in the world. L’Oreal competes with Chanel through its perfumes and skincare products.

    Chanel – Future Plans

    Chanel is working towards giving its share of contribution against climate change. The chairman of the company. Alain Wertheimer said that the company is shifting plans to go green and use 100% renewable resources in their production by 2025. They have a strategy planned for this and named it Mission 1.5°.

    Chanel has launched a program named ‘Chanel Culture Fund’ to encourage and support creators and artists across the world. This fund is supposed to help organizations and partnerships to conduct programs that promote culture and society. Chanel believes that this program will help them develop international partnerships, which in turn benefits their business.

    FAQs

    Who is the founder of Chanel?

    Gabrielle “Coco” Chanel is the founder of Chanel.

    What business is Chanel involved in?

    Chanel is a luxury fashion company that produces and sells ready-to-wear women’s clothes, perfumes, watches and skincare products.

    Who is the CEO of Chanel?

    Leena Nair has been appointed as the global CEO of Chanel in January 2022.

    Who are the competitors of Chanel?

    Some of the top competitors of Chanel are:

    • Gucci
    • L’Oreal
    • Louis Vuitton
    • Prada