Succession Showdown: Titan’s Leadership Race Heats Up as Venkat Bids Adieu

Titan Company Ltd has announced a major leadership transition, with Managing Director C.K. Venkataraman (Venkat) set to retire on December 31, 2025, after a distinguished 35-year career with the Tata Group’s iconic lifestyle company.

 

Key Highlights:

 

Retirement of a Titan:

C.K. Venkataraman, who joined Titan in 1990 and has served as MD since October 2019, will step down upon reaching the Tata Group’s superannuation age of 65. His tenure saw Titan’s rapid expansion across jewellery, watches, and eyewear, cementing its position as a household name in India.

 

Succession Plan Approved:

Titan’s Board has approved the appointment of Ajoy Chawla, current CEO of the company’s Jewellery Division, as the next Managing Director effective January 1, 2026. Chawla, an IIM-Calcutta alumnus and Tata Administrative Services veteran, has been pivotal in scaling Titan’s jewellery business 2.5x in sales and profits since 2019.

 

Leadership Legacy:

Under Venkataraman’s stewardship, Titan strengthened its market leadership, diversified its portfolio, and drove innovation in product and retail experiences. He will oversee a smooth transition through the end of 2025.

 

Future Outlook:

Chawla’s elevation signals continuity and a focus on growth, with his deep experience across Titan’s key verticals positioning the company for its next phase of expansion and value creation.

 

This seamless succession underscores Titan’s commitment to nurturing internal talent and sustaining its legacy of leadership excellence.

 

Source: Moneycontrol, Exchange4Media, News18