The Landmark Group has appointed Rajeev Krishnan as the managing director of Max Hypermarkets in India. Prior to this, he was the senior advisor for Mckinsey’s retail and consumer practices, and earlier, the executive vice president and business head of retail operations at Bharti Retail,
part of the Bharti Wal-Mart joint venture in India. Krishnan takes over from the outgoing managing director, Viney Singh, and the appointment has been effective from August 1, 2016. Singh will continue to be on the board of the company as a non-executive director.
- As managing director, Krishnan will guide and direct the strategy and execution of the Hypermarket & Supermarket business of the SPAR brand in India, and will report to the board of Max Hypermarket (a franchisee of SPAR India).
- Krishnan has over 29 years of global experience with retail and consumer background at Target, Wal-Mart & Mckinsey & Company. Before Bharti Retail, he was the group VP at Target Corporation in the US and spent 18 years with them.
- The SPAR brand is operated by Max Hypermarkets in India and operates 17 Hypermarkets across the country.
SPAR hypermarkets
SPAR is the world’s largest food store chain with over 12000 stores in 38 countries across 4 continents and meets the needs of over 10 million consumers every day.
- SPAR Hypermarkets and supermarkets in India is the result of a license agreement between the Dubai based Landmark Group’s Max Hypermarkets India Pvt. Ltd. and SPAR International. SPAR is the world’s largest independent food retail chain which operates on the principle of a ‘Co – operative of Independent Retailers and Wholesalers .