‘Is it ethically proper for a cardiologist to be on the board of a fast food company?’ asks proxy advisory firm SES

June 30, 2023

Proxy advisory firm Stakeholders Empowerment Services (SES) has raised concerns over the presence of cardiologist Dr. Naresh Trehan as an independent director on the boards of Devyani International and Varun Beverages. Devyani International operates fast-food chains such as Pizza Hut and KFC, while Varun Beverages is a major franchisee of Pepsico. SES advises shareholders of Devyani International to vote against certain resolutions due to a potential conflict of interest. The report questions whether Dr. Trehan’s position on the boards conflicts with his professional stance on promoting healthy lifestyles. Requests for comment from Dr. Trehan and Devyani International remain unanswered.

More To Explore

Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days

India’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sensex surging nearly

November 11, 2026

Earnings recovery, FII revival: 5 factors that will shape Dalal Street’s next move after Q2

Indian equities are recovering as stronger Q2 earnings, renewed FII inflows and attractive largecap valuations lift sentiment. Analysts identify five key triggers for Dalal Street’s

November 11, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003