Raymond Bickson quits as Indian Hotels MD & CEO

Written by PTI | New Delhi | Updated: Aug 7 2014, 21:40pm hrs
Raymond Bickson Bickson will be replaced by Rakesh K Sarna, who was the Executive Vice President, Group President - Americas, of Hyatt Hotels Corporation.
Tata group hospitality major Indian Hotels Company (IHCL) today said its Managing Director and Chief Executive Officer Raymond Bickson has resigned and will step down from the post on August 31, after serving for over a decade.

Bickson will be replaced by Rakesh K Sarna, who was the Executive Vice President, Group President - Americas, of Hyatt Hotels Corporation.

"Raymond Bickson, MD and CEO of the company has expressed a desire to resign from the services of the company and pursue his professional interests elsewhere," IHCL, which runs luxury hotels under the Taj brand, said in a filing to the BSE.