Adani Group: Adani Group chairman Gautam Adani plans to retire. 62-year-old Gautam Adani is preparing for retirement and the company will be handed over to the next generation in a few years. In an interview with Bloomberg, Gautam Adani talked about his retirement plans.
Adani Group: Adani Group chairman Gautam Adani plans to retire. 62-year-old Gautam Adani is preparing for retirement and the company will be handed over to the next generation in a few years. In an interview with Bloomberg, Gautam Adani talked about his retirement plans. According to his plan, he will hand over the reins of the company to his son and nephew by 2030. Gautam Adani plans to retire at the age of 70.
Why is Gautam Adani retiring so early?
Gautam Adani has prepared a retirement plan. In an interview with Bloomberg, he said that he will step down as chairman of the Adani Group by 2030. After his retirement, the responsibility of the company will fall on his two sons and two nephews.
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The report said that when Adani retires, his four heirs – sons Karan Adani and Jeet Adani and his nephews Pranav and Sagar Adani – will be equal beneficiaries of the family trust.
After Gautam Adani who will lead the Adani Group?
According to a Bloomberg report, the companies will enter into a confidential agreement on what liabilities they will have, including full details of the transfer of stakes and successors in Adani group companies.
Currently Gautam Adani’s elder son Karan Adani is the Managing Director of Adani Port, while younger son Jeet Adani is the Director of Adani Port and Sagar Adani is the Executive Director of the Adani Group.
Who will be the Chairman of Adani Group?
According to a Bloomberg report, there is no clear information on who will take over the chairmanship of the Adani Group after the retirement of Gautam Adani, but according to the report, Karan Adani and Pranav Adani are the main contenders.
Gautam Adani, chairman of the Adani Group, is planning to retire at the age of 70 as per reports. Here’s what we know about the succession plan of the 62-year-old businessman.#ITNewsbyte #GautamAdani | @sakshibatra18 pic.twitter.com/qJJTYTQ7l6
— IndiaToday (@IndiaToday) August 5, 2024
Succession is very important for the stability of a business, says Gautam Adani. The leadership of the group has been handed over to the second generation because change is necessary.
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