The Modern Day Tale Of Hardwork And Perseverance: CEO Of CCD Malavika Hegde
There are now 572 cafes owned by the company in 165 cities of India and a total of 26,362 vending machines serving coffee to CCD customers.Â
There are now 572 cafes owned by the company in 165 cities of India and a total of 26,362 vending machines serving coffee to CCD customers.Â
Being a non-executive board member of the company, Hegde did not get a salary. However, she owned four percent of the company’s stock.
51-year-old Malavika Hegde is the younger daughter of SM Krishna, former Central Minister of External Affairs and former Karnataka Chief Minister.
Malavika Hegde, who is the daughter of former Karnataka chief minister SM Krishna, joined the board to pay off the debts owed by her husband.
“Coffee Day is a genuine Indian consumer story worth preserving,” Malavika Hegde wrote to employees of Coffee Day.
Malavika Hegde, wife of the entrepreneur V.G. Siddhartha Hegde, whose sudden demise has shaken the business world, may be appointed as chairperson and managing director of Coffee Day Enterprises.