Business | General

Al Futtaim Group's CEO resigns; no successor named

According to sources, Robert Willet left the company “for family reasons” and is said to be leaving for the UK

  • By Arno Maierbrugger, Deputy Business Editor
  • Published: 15:16 January 18, 2011

Robert Willett
  • Image Credit: Gulf News Archive
  • Robert Willett

Dubai: Robert Willett, CEO of Al Futtaim Group, has resigned from the company on Monday, Gulf News exclusively can reveal.

Willett, former Best Buy and Accenture executive, was appointed CEO in May 2010 after he worked as a non-executive board director for Al Futtaim for about a year.

According to sources, Willet left the company “for family reasons” and is said to be leaving for the UK. No successor has been named as of now.

Willet said in an interview with Gulf News last June that he was planning “to build a team to walk a united way forward” with the company and gave himself a period of six month for this.

It was one of the rare cases in the region that a Gulf family business had hired a non-family member to run its operations.

Quick Access

  1. Markets

  2. Economy

  3. Property

  4. Aviation

Business Top Stories

  1. Brazil seeks to freeze $641m of Batista’s assets

  2. Global takaful contribution expected to hit $20b

  3. China ‘ready to meet India half way’

  4. Cleverly built family garden in Arabian Ranches

  5. Dodge Charger SRT Hellcat unveiled