MAM
Avon India appoints Romulus Marian Sirbu as MD
MUMBAI: Avon Beauty Products India has appointed Romulus Marian Sirbu as the managing director with effect from 7 July 2014.
An industry veteran, Sirbu will be responsible for the strategic growth and sustainable increase of Avon’s market share in India. His extensive knowledge and global experience will help develop and implement business strategies to meet the company’s growth, market share and profitability objectives.
He said,” I feel privileged to have this opportunity to join the board of Avon India. India is an important growth market and the company has been focusing immensely on further strengthening its business. I am elated to be a part of Avon once again. I’m looking forward to strategic positioning of the brand and enhance its presence across India.”
This is a homecoming for Sirbu, who worked with Avon in central and eastern Europe for a period of 12 years, where he started as a representative and progressed to sales leadership and commercial roles. Eventually he became country manager for Moldova and Serbia and Montenegro. He then moved out for a brief period to gain differentiated perspective of the industry and was associated with Life Care, as its CEO, overseeing the business in Romania and Hungary.
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
