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Kellogg Graduates Schools, Bala on
Usha IT board
New Delhi: The
Rai-family controlled Usha group, which has announced its intention to enter the IT arena
with force, has strengthened its board of directors.
The groups software arm, Information Technologies India, has braoadbased its board
by inducting well-known Kelloggs Graduate School of Management professor, Mr. Bala
Balachandran, into the company board. He is the sixth outside director on the 15-member
company board and is part of our efforts to put in place a framwework for corporate
governance.
The other outside directors include, ex-Coopers and Lybrand consultant Mr. Ramesh Vaish,
former IFCI chairman, Mr K D Agarwal, and well-known fashion designer Ritu Beri.
Mr. Balachandran is the director of the accounting research centre in Kelloggs
Graduate School of Management and has to his credit several books on management. He has
also joined as one of the directors on behalf of Kelloggs in the much publicised
India Business School at Hyderabad.
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Garrick D'Silva to be
Whirlpool Asia V-P
New Delhi: Mr.
Garrick DSilva, chairman and managing director of Whrilpool India, who joined the
company in 1994, has been elevated to the post of regional vice-president of Whirpool Asia
with immediate effect.
His place, as managing director of Indian
operations, will be taken by Mr. Raj Jain, who was earlier executive director, sales
(marketing and service). Mr. Jain will assumed his new responsibilities from January 2001.
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Motorola loses key
executive
Chicago: Mr. Merle
Gilmore, head of Motorola's communications enterprise, unexpectedly resigned from the
company on Thursday. He is slated to leave the unit, formed two years ago to co-ordinate
and oversee all of Motorola's communications-related activities including its mobile phone
business, immediately.
While Motorola declined to discuss the
circumstances surrounding his departure, the departure comes 24 hours after the company
warned that earnings this year and next would be well below previous forecasts.
At least for the immediate future, Mr
Gilmore's position is to be filled by Mr. Bob Growney, Motorola's chief operating officer,
who will also become acting president of the communications enterprise.
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