Ravi Jaipuria’s RJ Corp Succession Plan: Ravi Jaipuria said that his son Varun Jaipuria will oversee the food and beverages division whereas Devyani Jaipuria would head the health and education sectors.
Ravi Jaipuria has announced a formal strategic succession plan for the $3-billion RJ Corp, owner of Varun Beverages, and Devyani International (DIL). Per the succession plan, his son Varun Jaipuria will oversee the food and beverages division whereas Devyani Jaipuria would head the health and education sectors, said a report by Economic Times.
“Succession planning at RJ Corp has been established that includes a roadmap for Varun and Devyani to take on strategic leadership roles,” Ravi Jaipuria told ET. He said, “Daily operations will continue to be run by professionals,” thereby giving enough indication of the long-term commitment of the company amidst the ongoing change to professional management.”
