Amit Banati IIM Lucknow Alumnus

IIM Lucknow alum Amit Banati to receive $18.4M “make‑whole” payout from Fortune Brands despite never serving as CEO

Amit Banati, an IIM Lucknow graduate and former CFO of Kenvue, was set to take over as CEO of Fortune Brands Innovations in May 2026 but stepped aside before starting, amid a governance shakeup. Despite never working a single day in the role, he is due to receive an $18.4 million separation payment to compensate him for leaving his prior position.

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Edward Nathan Varghese, has set a new benchmark at the Indian Institute of Technology, Hyderabad (IITH) by securing a record job offer of ₹2.5 crore from Optiver, Netherlands.

IIT Hyderabad Achieves Milestone: Student Lands ₹2.5 Crore Job Offer, Optiver’s Record-Breaking Deal

Edward Nathan Varghese, a 21-year-old IIT Hyderabad student, made history by receiving a ₹2.5 crore job offer from Optiver. Set to join in July, this record-breaking package surpasses all previous offers at the institute, showcasing his exceptional talent and the growing appeal of IITH graduates in the global job market.

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