<p>Future Retail Ltd (FRL) said Sadashiv Nayak has been appointed as its chief executive officer with effect from Wednesday.</p>.<p>The board of the company at its meeting held on Wednesday "considered and approved" the appointment of Nayak as CEO, the Future Group firm said in a regulatory filing.</p>.<p>Nayak has been associated with Future Group for over 17 years. In the last 8 years as the CEO of Big Bazaar, he has played a pivotal role in making Big Bazaar what it is today, it said.</p>.<p>"He had worked at various designations during his association within the Group," it said.</p>.<p>FRL operates retail stores as Big Bazaar, fbb, Foodhall, Easyday and Nilgiris.</p>.<p>Nayak, an alumnus of NIT Karnataka and XLRI, Jamshedpur, has over 27 years of experience.</p>.<p>Prior to Future Group, Nayak was associated with Hindustan Unilever Limited and Asian Paints Limited.</p>.<p>In August last year, the board of FRL had approved the amalgamation of FRL along with other group companies with Future Enterprises Limited to facilitate a Rs 24,713 crore deal to sell the retail and wholesale business to Reliance Retail.</p>.<p>The deal has been contested by global e-commerce major Amazon, an investor in Future Coupons that in turn is a shareholder of FRL.</p>.<p><strong>Check out DH's latest videos:</strong></p>
<p>Future Retail Ltd (FRL) said Sadashiv Nayak has been appointed as its chief executive officer with effect from Wednesday.</p>.<p>The board of the company at its meeting held on Wednesday "considered and approved" the appointment of Nayak as CEO, the Future Group firm said in a regulatory filing.</p>.<p>Nayak has been associated with Future Group for over 17 years. In the last 8 years as the CEO of Big Bazaar, he has played a pivotal role in making Big Bazaar what it is today, it said.</p>.<p>"He had worked at various designations during his association within the Group," it said.</p>.<p>FRL operates retail stores as Big Bazaar, fbb, Foodhall, Easyday and Nilgiris.</p>.<p>Nayak, an alumnus of NIT Karnataka and XLRI, Jamshedpur, has over 27 years of experience.</p>.<p>Prior to Future Group, Nayak was associated with Hindustan Unilever Limited and Asian Paints Limited.</p>.<p>In August last year, the board of FRL had approved the amalgamation of FRL along with other group companies with Future Enterprises Limited to facilitate a Rs 24,713 crore deal to sell the retail and wholesale business to Reliance Retail.</p>.<p>The deal has been contested by global e-commerce major Amazon, an investor in Future Coupons that in turn is a shareholder of FRL.</p>.<p><strong>Check out DH's latest videos:</strong></p>