Business/Economy

Everyday Supermarket announces Founder/CEO's retirement

Supreme Desk
26 July 2023 1:44 PM IST
Everyday Supermarket announces Founder/CEOs retirement
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Dr. Charles has been with the company since its inception in 1994 and has been instrumental in its expansion over the past 29 years.

The founder, managing director (CEO), and managing director of Everyday Supermarket, Dr Charles Dimnwaobi, has announced his retirement. Dr. Charles has been with the company since its inception in 1994 and has been instrumental in its expansion over the past 29 years. He will now serve as Founder Emeritus and Director Advisor. This transition is a significant landmark for Everyday Supermarket.


Everyday Group partnered with strategic investor Uhuru Investment Partners in January 2022 to head the company's next growth phase. Dr. Dimnwaobi expressed pride and gratitude for the more than three decades he has spent with the company, and he believes that the partnership with Uhuru Investment Partners will strengthen the company's foundation for future development.

This leadership transition is part of the company's succession plan, and the Board of Directors intends to implement strategic innovations and standard corporate governance practises to ensure the company's continued success. The board recognises Dr. Charles' contributions to Everyday Supermarket's current prosperity.


Dr. Yemi Osindero, Managing Partner of Uhuru Investment Partners and Chairman of Everyday Group's Board of Directors, expressed gratitude to Dr. Charles for his contributions and expressed confidence that the company will continue to execute its strategic plans and maintain its strong market position.

Sachin Gupta has been designated as Everyday Supermarket's acting managing director. He reassured stakeholders that the company will continue to implement its vision and strategy, ensuring a seamless transition and preserving its strong market position. The management team, Board of Directors, and employees continue to be committed to providing consumers with exceptional retail experiences.


Everyday Supermarket looks forward to building on the foundation laid by Dr Charles and implementing its long-term growth and success strategies.



Source: Akelicious

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