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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With participation from 26 countries, the conference received 1,218 research papers and 220 business and startup ideas, spanning all 21 IIMs, leading IITs, universities, business schools, and incubators.

India’s Ascent: A Global Dialogue on Net-Zero Transition and the Vision for a Prosperous Bharat

The 19th ISDSI Global Conference, hosted by IMI Kolkata, brought together India’s top B-school directors, international scholars, accreditation bodies, policymakers, CEOs, investors, and startup founders for four days of intensive dialogue. It reframed innovation, entrepreneurship, and sustainability as immediate priorities, spotlighting technology-enabled sustainability, management education’s future, and India’s path to Viksit Bharat 2047. Unprecedented Global…

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