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	{{~~short~~ description\|Indian businessman}}		{{Short description\|Indian businessman (1947–2019)}}
	{{Use dmy dates\|date=May 2019}}		{{Use dmy dates\|date=May 2019}}
	{{Use Indian English\|date=March 2019}}		{{Use Indian English\|date=March 2019}}
	{{Infobox officeholder		{{Infobox officeholder
	\| name = Yogesh Chander Deveshwar		\| name = Yogesh Chander Deveshwar
			\| image = 38. St.Gallen Symposium-Yogesh Chander Deveshwar-HSGN 028-01918.JPG
	\| image =
	\| caption =		\| caption = Deveshwar in 2008
	\| birth_date = {{birth date\|1947\|2\|4\|df=y}}		\| birth_date = {{birth date\|1947\|2\|4\|df=y}}
	\| death_date = {{death date and age\|df=yes\|2019\|5\|11\|1947\|2\|4}}		\| death_date = {{death date and age\|df=yes\|2019\|5\|11\|1947\|2\|4}}
	\| birth_place = Lahore, British India		\| birth_place = Lahore, British India
	\| residence = ], India		\| residence = ], India
	\| nationality = Indian		\| nationality = Indian
	\| office = ~~Executive~~ Chairman and CEO of ]		\| office = Chairman and CEO of ]
	\| term = 1 ~~January~~ ~~1996~~ – 4 ~~February~~ ~~2017~~		\| term = 1996–2017
	\| successor = Sanjiv Puri		\| successor = Sanjiv Puri
	\| office1 = Chairman and MD of ]		\| office1 = Chairman and MD of ]
	\| term1 = ~~1991~~ - ~~1994~~		\| term1 = 1991–1994
	\| occupation = Businessman		\| occupation = Businessman
	\| alma_mater = ]		\| alma_mater = ]
	}}		}}

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	==Early life==		==Early life==
	Yogesh Chander Deveshwar was born on 4 February 1947 in ], ].<ref>{{cite web\|url=http://businesstoday.intoday.in/story/best-ceos-itc-chairman-yc-deveshwar-interview/1/21586.html\|title=Y.C. Deveshwar thinks ITC could be a model for running India's PSUs - Business Today\|work=intoday.in\|~~accessdate~~=14 June 2015}}</ref> He received a bachelor's degree in ] from the ] in 1968.<ref name="outlookindia.com">{{cite news\|url=https://www.outlookindia.com/magazine/story/yogesh-chander-deveshwar-itc/298657\|title=Yogesh Chander Deveshwar, ITC\|first=Lola\|last=Nayar\|date=24 March 2017\|work=Outlook\|~~accessdate~~=3 March 2019}}</ref> He later attended the six-week Advanced Management Program at ].<ref name="outlookindia.com"/>		Yogesh Chander Deveshwar was born on 4 February 1947 in ], ].<ref>{{cite web\|url=http://businesstoday.intoday.in/story/best-ceos-itc-chairman-yc-deveshwar-interview/1/21586.html\|title=Y.C. Deveshwar thinks ITC could be a model for running India's PSUs - Business Today\|work=intoday.in\|date=12 January 2012 \|access-date=14 June 2015}}</ref> He received a bachelor's degree in ] from the ] in 1968.<ref name="outlookindia.com">{{cite news\|url=https://www.outlookindia.com/magazine/story/yogesh-chander-deveshwar-itc/298657\|title=Yogesh Chander Deveshwar, ITC\|first=Lola\|last=Nayar\|date=24 March 2017\|work=Outlook\|access-date=3 March 2019}}</ref> He later attended the six-week Advanced Management Program at ].<ref name="outlookindia.com"/>

	==Career==		==Career==
	Deveshwar joined ] in 1968. He was appointed as a main board director in 1984 and became the CEO and chairman in January 1996.<ref name="Gupta">Gupta, Indrajit & Surendar, T (2010) "", Forbes.com, 30 June 2010, retrieved 31 July 2011</ref> Deveshwar was due to step down as head of ITC in 2010.<ref>Ghosal, Sutanuka (2011) "", '']'', 16 June 2011, retrieved 31 July 2011</ref>		Deveshwar joined ] in 1968. He was appointed a main board director in 1984 and became the CEO and chairman in January 1996.<ref name="Gupta">Gupta, Indrajit & Surendar, T (2010) "", Forbes.com, 30 June 2010, retrieved 31 July 2011</ref> Deveshwar was due to step down as head of ITC in 2010.<ref>Ghosal, Sutanuka (2011) "", '']'', 16 June 2011, retrieved 31 July 2011</ref>

	He was a director on the central board of the ], a member of the National Foundation for Corporate Governance, and a member of the governing body of the National Council of Applied Economic Research.{{Citation needed\|date=May 2019}}		He was a director on the central board of the ], a member of the National Foundation for Corporate Governance, and a member of the governing body of the National Council of Applied Economic Research.{{Citation needed\|date=May 2019}}

	Deveshwar was India's longest-serving CEO at the time of his death,<ref>{{cite web\|url=http://businesstoday.intoday.in/story/best-ceos-itc-chairman-yc-deveshwar-interview/1/21586.html\|title=From centre-half to referee\|work=Business Today\|last=Kalbag\|first=Chaitanya\|date=5 February 2012\|~~accessdate~~=13 June 2015}}</ref> and earned nearly triple the second-highest salary in his company.<ref>{{cite web\|url=https://www.forbes.com/2010/06/30/forbes-india-yogesh-chander-deveshwar-itc-tobacco.html\|title=Remaking Indian Tobacco Co.\|work=]\|author=Indrajit Gupta & T. Surendar\|date=30 June 2010\|~~accessdate~~=13 June 2015}}</ref> In 2011, it was reported that his salary was 26 ] (2.6 million) ] per month.<ref name="econ times">{{cite web\|url=http://articles.economictimes.indiatimes.com/2011-06-14/news/29656961_1_nakul-anand-y-c-deveshwar-education-and-stationery-products\|title=ITC chief Y C Deveshwar to pave way for successor by February 2017\|work=]\|publisher=]\|date=14 June 2011\|~~accessdate~~=13 June 2015}}</ref> In 2013, he was listed as the best performing CEO in India by ] and seventh in the world.<ref name="HBR">{{cite journal\|last=Hansen\|first=Morten T. \|author2=Herminia Ibarra \|author3=Urs Peyer \|date=30 January 2013\|title=The Best-Performing CEOs in the World\|journal=]\|publisher=]\|issn=0017-8012\|oclc=1751795\|url=https://hbr.org/2013/01/the-best-performing-ceos-in-the-world\|~~accessdate~~=6 June 2015}}</ref><ref>{{cite web\|url=https://in.finance.yahoo.com/news/meet-yc-deveshwar--the-7th-best-performing-ceo-in-the-world-094728811.html\|title=Meet YC Deveshwar: The 7th Best Performing CEO in the World\|date=22 January 2015\|work=Yahoo Finance India\|publisher=]\|~~accessdate~~=6 June 2015}}</ref> He served as the president of the ] in 2005-06.<ref>{{cite web\|url=https://economictimes.indiatimes.com/news/economy/policy/y-c-deveshwar-is-new-cii-chief/articleshow/1114617.cms\|title=~~Meet~~ YC Deveshwar is new CII chief\|date=9 ~~November~~ ~~2020\|work=Yahoo Finance India~~\|publisher=]\|~~accessdate~~=6 ~~June~~ ~~2015~~}}</ref> In 2011, Deveshwar received the ], India's third-highest civilian award.<ref name="econ times"/>		Deveshwar was India's longest-serving CEO at the time of his death,<ref>{{cite web\|url=http://businesstoday.intoday.in/story/best-ceos-itc-chairman-yc-deveshwar-interview/1/21586.html\|title=From centre-half to referee\|work=Business Today\|last=Kalbag\|first=Chaitanya\|date=5 February 2012\|access-date=13 June 2015}}</ref> and earned nearly triple the second-highest salary in his company.<ref>{{cite web\|url=https://www.forbes.com/2010/06/30/forbes-india-yogesh-chander-deveshwar-itc-tobacco.html\|title=Remaking Indian Tobacco Co.\|work=]\|author=Indrajit Gupta & T. Surendar\|date=30 June 2010\|access-date=13 June 2015}}</ref> In 2011, it was reported that his salary was 26 ] (2.6 million) ] per month.<ref name="econ times">{{cite web\|url=http://articles.economictimes.indiatimes.com/2011-06-14/news/29656961_1_nakul-anand-y-c-deveshwar-education-and-stationery-products\|archive-url=https://web.archive.org/web/20140813002406/http://articles.economictimes.indiatimes.com/2011-06-14/news/29656961_1_nakul-anand-y-c-deveshwar-education-and-stationery-products\|url-status=dead\|archive-date=13 August 2014\|title=ITC chief Y C Deveshwar to pave way for successor by February 2017\|work=]\|publisher=]\|date=14 June 2011\|access-date=13 June 2015}}</ref> In 2013, he was listed as the best performing CEO in India by ] and seventh in the world.<ref name="HBR">{{cite journal\|last=Hansen\|first=Morten T. \|author2=Herminia Ibarra \|author3=Urs Peyer \|date=30 January 2013\|title=The Best-Performing CEOs in the World\|journal=]\|publisher=]\|issn=0017-8012\|oclc=1751795\|url=https://hbr.org/2013/01/the-best-performing-ceos-in-the-world\|access-date=6 June 2015}}</ref><ref>{{cite web\|url=https://in.finance.yahoo.com/news/meet-yc-deveshwar--the-7th-best-performing-ceo-in-the-world-094728811.html\|title=Meet YC Deveshwar: The 7th Best Performing CEO in the World\|date=22 January 2015\|work=Yahoo Finance India\|publisher=]\|access-date=6 June 2015}}</ref> He served as the president of the ] in 2005-06.<ref>{{cite web\|url=https://economictimes.indiatimes.com/news/economy/policy/y-c-deveshwar-is-new-cii-chief/articleshow/1114617.cms\|title=YC Deveshwar is new CII chief\|date=18 May 2005\|publisher=]\|access-date=9 November 2020}}</ref> In 2011, Deveshwar received the ], India's third-highest civilian award.<ref name="econ times"/>

	== Death ==		== Death ==
	Deveshwar died on 11 May 2019, and although the immediate cause of death was not announced, it was known that he had been diagnosed with cancer a few years before.<ref>{{cite news \|title=ITC chairman YC Deveshwar passes away \|url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/itc-chairman-yc-deveshwar-passes-away/articleshow/69278020.cms \|~~accessdate~~=11 May 2019 \|work=The Economic Times \|date=11 May 2019}}</ref><ref>{{Cite web\|url=https://medibulletin.com/lost-our-husbands-to-tobacco-lets-fight-it-together-mrs-deveshwar/\|title=Lost our husbands to tobacco let's fight it together, Mrs Deveshwar~~\|last=\|first=~~\|date=13 May 2019\|website=Health news, Medibulletin\|language=en-GB~~\|archive-url=\|archive-date=~~\|access-date=15 May 2019}}</ref>		Deveshwar died on 11 May 2019, and although the immediate cause of death was not announced, it was known that he had been diagnosed with cancer a few years before.<ref>{{cite news \|title=ITC chairman YC Deveshwar passes away \|url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/itc-chairman-yc-deveshwar-passes-away/articleshow/69278020.cms \|access-date=11 May 2019 \|work=The Economic Times \|date=11 May 2019}}</ref><ref>{{Cite web\|url=https://medibulletin.com/lost-our-husbands-to-tobacco-lets-fight-it-together-mrs-deveshwar/\|title=Lost our husbands to tobacco let's fight it together, Mrs Deveshwar\|date=13 May 2019\|website=Health news, Medibulletin\|language=en-GB\|access-date=15 May 2019}}</ref>

			==See also==
			*]

	==References==		==References==
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Latest revision as of 23:56, 21 October 2024

Indian businessman (1947–2019)

Yogesh Chander Deveshwar
Deveshwar in 2008

Chairman and CEO of ITC Limited
In office 1996–2017
Succeeded by	Sanjiv Puri
Chairman and MD of Air India
In office 1991–1994

Personal details
Born	(1947-02-04)4 February 1947 Lahore, British India
Died	11 May 2019(2019-05-11) (aged 72)
Residence(s)	Kolkata, India
Alma mater	IIT Delhi
Occupation	Businessman

Yogesh Chander Deveshwar (4 February 1947 – 11 May 2019) was an Indian businessman. He was the chairman of ITC Limited. He was the longest-serving CEO of any Indian company.

Early life

Yogesh Chander Deveshwar was born on 4 February 1947 in Lahore, British India. He received a bachelor's degree in mechanical engineering from the Indian Institute of Technology, Delhi in 1968. He later attended the six-week Advanced Management Program at Harvard Business School.

Career

Deveshwar joined ITC Limited in 1968. He was appointed a main board director in 1984 and became the CEO and chairman in January 1996. Deveshwar was due to step down as head of ITC in 2010.

He was a director on the central board of the Reserve Bank of India, a member of the National Foundation for Corporate Governance, and a member of the governing body of the National Council of Applied Economic Research.

Deveshwar was India's longest-serving CEO at the time of his death, and earned nearly triple the second-highest salary in his company. In 2011, it was reported that his salary was 26 lakh (2.6 million) rupees per month. In 2013, he was listed as the best performing CEO in India by Harvard Business Review and seventh in the world. He served as the president of the Confederation of Indian Industry in 2005-06. In 2011, Deveshwar received the Padma Bhushan, India's third-highest civilian award.

Death

Deveshwar died on 11 May 2019, and although the immediate cause of death was not announced, it was known that he had been diagnosed with cancer a few years before.

References

"Y.C. Deveshwar thinks ITC could be a model for running India's PSUs - Business Today". intoday.in. 12 January 2012. Retrieved 14 June 2015.
^ Nayar, Lola (24 March 2017). "Yogesh Chander Deveshwar, ITC". Outlook. Retrieved 3 March 2019.
Gupta, Indrajit & Surendar, T (2010) "Remaking Indian Tobacco Co.", Forbes.com, 30 June 2010, retrieved 31 July 2011
Ghosal, Sutanuka (2011) "Inhouse talent preferred for ITC heir: Yogi Deveshwar", The Economic Times, 16 June 2011, retrieved 31 July 2011
Kalbag, Chaitanya (5 February 2012). "From centre-half to referee". Business Today. Retrieved 13 June 2015.
Indrajit Gupta & T. Surendar (30 June 2010). "Remaking Indian Tobacco Co". Forbes. Retrieved 13 June 2015.
^ "ITC chief Y C Deveshwar to pave way for successor by February 2017". The Economic Times. The Times Group. 14 June 2011. Archived from the original on 13 August 2014. Retrieved 13 June 2015.
Hansen, Morten T.; Herminia Ibarra; Urs Peyer (30 January 2013). "The Best-Performing CEOs in the World". Harvard Business Review. Harvard Business Publishing. ISSN 0017-8012. OCLC 1751795. Retrieved 6 June 2015.
"Meet YC Deveshwar: The 7th Best Performing CEO in the World". Yahoo Finance India. Yahoo. 22 January 2015. Retrieved 6 June 2015.
"YC Deveshwar is new CII chief". The Economic Times. 18 May 2005. Retrieved 9 November 2020.
"ITC chairman YC Deveshwar passes away". The Economic Times. 11 May 2019. Retrieved 11 May 2019.
"Lost our husbands to tobacco let's fight it together, Mrs Deveshwar". Health news, Medibulletin. 13 May 2019. Retrieved 15 May 2019.

External links

v t e Padma Bhushan award recipients (2010–2019)
2010	Satya Paul Agarwal Mohammad Amin Sailesh Kumar Bandopadhyay M. S. Banga Anil Bordia Bipan Chandra B. K. Chaturvedi Sant Singh Chatwal G. P. Chopra Tan Chung Madhusudan Dhaky P. R. Dubhashi Puttaraj Gawai Belle Monappa Hegde Ilaiyaraaja Jagdish Chandra Kapur Shrinivas Khale Aamir Khan Sultan Khan Ram Kumar Kumudini Lakhia Kuzhur Narayana Marar Chhannulal Mishra Eledath Thaikkattu Narayanan Mooss C. P. Krishnan Nair S. P. Oswal Akbar Padamsee Ramakanta Panda Balasaheb Vikhe Patil Arogyaswami Paulraj A. R. Rahman Moosa Raza Mallika Sarabhai Nookala Chinna Satyanarayana Abhijit Sen Satya Vrat Shastri Noshir M. Shroff Kushal Pal Singh Bikash Sinha Balagangadharanatha Swamiji Narayanan Vaghul P. K. Warrier Fareed Zakaria
2011	S. P. Balasubrahmanyam Rajashree Birla M. N. Buch C. V. Chandrasekhar Ajai Chowdhry Yogesh Chander Deveshwar Satyadev Dubey T. J. S. George Shankha Ghosh Kris Gopalakrishnan Keki Byramjee Grant Shashi Kapoor Krishen Khanna Khayyam Chanda Kochhar Dwijen Mukhopadhyay Madavoor Vasudevan Nair Ramdas Pai Dashrath Patel Rajendra Singh Pawar Suryanarayanan Ramachandran Shobhana Ranade Gunupati Venkata Krishna Reddy Kallam Anji Reddy Waheeda Rehman Shyam Saran Analjit Singh Arpita Singh Surendra Singh R. K. Srikantan Raghavan Thirumulpad
2012	Suresh H. Advani Shabana Azmi Homi K. Bhabha Shashikumar Chitre Khaled Choudhury Jatin Das Vidya Dehejia Dharmendra S. N. Goenka M. S. Gopalakrishnan T. V. Gopalakrishnan Buddhadev Das Gupta Sunil Janah Anish Kapoor S. B. Mujumdar B. Muthuraman Mira Nair Arvind Panagariya José Pereira Mata Prasad M. S. Raghunathan P. Chandrasekhara Rao Ronen Sen Devi Shetty M. V. Subbiah N. Vittal N. H. Wadia George Yeo
2013	Satya N. Atluri Maharaj Kishan Bhan Jaspal Bhatti Rahul Dravid Adi Godrej Abdul Rashid Khan Rajesh Khanna Mary Kom Nandkishore Shamrao Laud Mangesh Padgaonkar Hemendra Singh Panwar Jogesh Pati Shivajirao Girdhar Patil A. Sivathanu Pillai D. Ramanaidu Kanak Rele V. K. Saraswat Ashoke Sen Gayatri Chakravorty Spivak B. N. Suresh Sharmila Tagore Ramamurthy Thyagarajan Saroja Vaidyanathan
2014	Anisuzzaman Mrityunjay Athreya Padmanabhan Balaram Dalveer Bhandari Ruskin Bond Anita Desai Pullela Gopichand Kamal Haasan Jyeshtharaj Joshi V. N. Kaul Neelam Kler M. Mahadevappa Leander Paes Koppillil Radhakrishnan Anumolu Ramakrishna Thirumalachari Ramasami Lloyd Rudolph Susanne Hoeber Rudolph Vinod Prakash Sharma Gulam Mohammed Sheikh Parween Sultana Dhirubhai Thaker Vairamuthu J. S. Verma T. H. Vinayakram
2015	Jahnu Barua Manjul Bhargava Vijay P. Bhatkar Swapan Dasgupta David Frawley Bill Gates Melinda French Gates Swami Satyamitranand N. Gopalaswami Subhash C. Kashyap Gokulotsavji Maharaj Saichiro Misumi Ambrish Mithal Sudha Ragunathan Harish Salve Ashok Seth Rajat Sharma Satpal Singh Shivakumara Swami Khadg Singh Valdiya
2016	Ravindra Chandra Bhargava Robert D. Blackwill Hafeez Contractor Indu Jain Heisnam Kanhailal Anupam Kher Sania Mirza Pallonji Mistry Udit Narayan Saina Nehwal Yarlagadda Lakshmi Prasad Vinod Rai N. S. Ramanuja Tatacharya A. V. Rama Rao D. Nageshwara Reddy Dayananda Saraswati Barjinder Singh Hamdard Ram V. Sutar Tejomayananda
2017	Vishwa Mohan Bhatt Deviprasad Dwivedi Ratnasundarsuri Niranjanananda Saraswati Cho Ramaswamy Maha Chakri Sirindhorn Tehemton Erach Udwadia
2018	Pankaj Advani Philipose Mar Chrysostom Mahendra Singh Dhoni Alexander Kadakin Ramachandran Nagaswamy Laxman Pai Arvind Parikh Sharda Sinha
2019	John T. Chambers Sukhdev Singh Dhindsa Pravin Gordhan Dharampal Gulati Darshan Lal Jain Ashok Laxmanrao Kukade Kariya Munda Budhaditya Mukherjee Mohanlal Nambi Narayanan Kuldip Nayar Bachendri Pal V. K. Shunglu Hukmdev Narayan Yadav
# Posthumous conferral 1954–1959 1960–1969 1970–1979 1980–1989 1990–1999 2000–2009 2010–2019 2020–2029

ITC Limited

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