Who is the CEO of DMart?

Anshul Asawa is set to take over as the Chief Executive Officer (CEO) of Avenue Supermarts Ltd (DMart), effective February 1, 2026, succeeding the long-serving CEO Ignatius Navil Noronha. Asawa, previously a senior executive at Unilever, joined DMart in 2025 as CEO-designate as part of a planned leadership transition.

Who is the new CEO of DMart?

Anshul Asawa to take over as CEO of DMart parent company from February 1. He has held various marketing, sales, digital commerce and general management positions in multiple countries and categories.

Who is the owner of DMart?

FOUNDERS. DMart is owned and operated by Avenue Supermarts Ltd. (ASL) – a company founded by Mr. Radhakishan Damani.

Why did Neville leave DMart?

Avenue Supermarts announced, “After more than two decades of exceptional leadership and a glorious tenure at the helm of the business, Neville has chosen not to extend his contract. The Board of Directors honors his decision and expresses profound gratitude for his extraordinary contribution to the company.”

Has DMart changed under the CEO?

DMart MD, CEO Ignatius Navil Noronha's Term Ends January 31, Anshul Asawa to Take Over. Avenue Supermarts Limited announces leadership transition with MD and CEO Ignatius Navil Noronha's tenure ending January 31, 2026.

2nd Richest Man in India | D Mart | Radhakishan Damani | Case Study | Dr Vivek Bindra

Why is DMart falling?

Shares of Avenue Supermarts, which operates the DMart retail chain, fell in early trade after the company released its provisional business update for the December 2025 quarter. The stock slipped around 1.5% to its day's low of ₹3,666 on the BSE, even as the company reported double-digit growth in revenue.

Why is Neville Noronha leaving DMart?

According to the petition, Noronha, who began working at DMart in 2004, decided not to renew his contract after more than 20 years of employment. Noronha said that he deeply appreciated the opportunity that he got to serve in the business and is grateful to everyone in the early leadership team.

Are Gary and Phil Neville friends?

Gary Neville: 2025 Hall of Fame Inductee

Phil also touched on the closeness of his relationship with Gary, despite having lived and worked in America since 2021, managing Inter Miami and now Portland. "We are best friends," Phil said. "That doesn't change if I am on the other side of the world.

What is the salary of DMart CEO?

Meet DMart's Ignatius Navil Noronha, whose monthly salary is Rs. 4.5 crores.

How does the CEO handle crises?

The role of the CEO during a Crisis is ensuring that transparent, robust, and high-quality decision making is occurring within all teams that have been activated. This includes the identification of key stakeholders and decisions on who, what and how critical communications will occur.

Who is the daughter of DMart CEO?

RK Damani is represented by his daughter, Madhu Chandak, on the Board of Trustees. She is a Director at the Bombay Swadeshi Stores. She also manages the CSR activities of the DMart chain of hypermarkets and supermarkets.

Is DMart in the USA?

Dmart, Inc. retails diversified products. The Company offers vacuums, housewares, car seats, carriers, walkers, bouncers, baby swings, diaper bags, toys, games, strollers, massage chairs, shavers, beds, pillows, haircare appliances, and baby products. Dmart operates in the United States.

How much is anirudh Damani worth?

Anirudh A Damani's net worth is estimated between $20 million and $50 million as of 2025.

Does Tata own DMart?

FOUNDERS. DMart is owned and operated by Avenue Supermarts Ltd. (ASL) – a company founded by Mr. Radhakishan Damani.

What is Anshul Asawa known for?

Who is Anshul Asawa? Anshul Asawa, an alumnus of IIT Roorkee and IIM Lucknow, brings over three decades of experience at Unilever. Known for his customer-centric approach, commercial discipline, and focus on execution, Asawa has held leadership roles across India, Asia, and Europe.

Who is the CEO of Walmart right now?

Doug McMillon is a lifelong merchant. He began his Walmart career in 1984 as an hourly associate, picking orders and unloading trailers in a warehouse. He has since served in senior leadership roles across each business segment.

Who is the no. 1 richest CEO in the world?

Highest Paid CEO in the World: Elon Musk is the highest paid CEO in the world with earnings around $23.5 billion. Following him are other big names like Tim Cook of Apple, Sundar Pichai of Alphabet (Google's parent company), Jensen Huang of Nvidia, and Reed Hastings of Netflix.

What is the highest salary in DMart?

DMart Salary FAQs

The top 10% of employees reported earning more than ₹10.3 Lakhs per year, and the top 1% more than ₹32.5 Lakhs per year. Salaries at DMart can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

Who is the MD of DMart?

Anshul Asawa will take charge as the Chief Executive Officer (CEO) of Avenue Supermarts, which is DMart's parent company from February 1. He will also take on the role of Managing Director of the Company for a term of 3 years with effect from 1st April, 2026.

How many hotels does Gary Neville own?

Gary Neville co-owns two prominent hotels in Manchester: Hotel Football, near Old Trafford, and the luxury Stock Exchange Hotel, a boutique hotel in the city center, both run under GG Hospitality and Relentless Developments. He also has interests in the larger St Michael's redevelopment project which includes hotel rooms, though he's involved in property development rather than direct ownership of all units.
 

Is David Beckham still friends with Gary Neville?

Yes, David Beckham and Gary Neville are still extremely close friends, maintaining a strong bond from their Manchester United days through business ventures like Salford City FC and frequent public appearances, podcasts, and social media tributes, showing their decades-long relationship remains a significant "bromance".
 

Who owns DMart now?

Quiet billionaire who built India's most profitable supermarket shape. This is the story of Radha Kishan Damani. In the nineteen eighties Damani made his fortune in the stock market by betting on consumer businesses. But in 2 002, he spotted a huge gap.

Why is the DMart price falling?

A key factor dragging Avenue Supermarts lower has been its elevated valuation. The stock is currently trading at a price-to-earnings multiple of around 88.6x, which is more than double the industry average PE of about 43.5.

What is the qualification of Neville Noronha?

BSc / PG in Marketing Management.