Tos Chirathivat

Tos Chirathivat is the chief executive officer (CEO) of the Central Group and head of one of Thailand's leading family business groups. The Central Group owns more than 60 department stores and shopping malls. It also operates hotels and restaurants, with a total of 5,000 outlets.[1][2] He and his family are among the richest families in Thailand. Several shell corporations registered under Chirathivat's name in Nevada were exposed as part of the Panama Papers document dump in April 2016.[3]

Tos in 2013

Career

Tos became CEO of the Central Group on 29 November 2013.[4] From 2002 through 2013, Tos was CEO of Central Retailing, the group’s retail-development arm. In this role, Tos focused on international expansion.[5] The company opened three department stores in China in 2010 and 2011.[6] They also made several key acquisitions in Europe, purchasing the Italian retailer La Rinascente in 2011,[7] the Illum department store in Copenhagen, and Germany's KaDeWe.[8][1] International operations now account for roughly 30 percent of group revenue.[1]

Tos Chirathivat also served in several executive director roles at Big C Super Center, Robinson Department Store, and B2S Company Ltd.[2] He briefly worked at Citibank after university.[9]

Family

Tos comes from the well-known Chirathivat clan. His grandfather, Tiang, was a member of Thailand's commercially prominent Thai-Chinese community and founded the Central Group in 1947.[9] His father, Samrit, served as chairman of the Central Group for 21 years and opened the first shopping center in Thailand in 1957.[2][6] Tos, born in 1964, is the youngest of eight children. Growing up, he was very quiet and considered designing cars as a profession.[6] He and his close-knit family lived on a 12-house compound in Bangkok.[9] He and his wife Sookta have two sons.[6]

Education

Tos earned an economics degree from Wesleyan University in Connecticut in 1985 and received his MBA from Columbia University in New York in 1987.[9] He spent a year of high school studying at a private school in Miami.[6]

References

  1. Ono, Yukako (10 September 2017). "For Thailand's retail giant Central Group, it is no longer all in the family". Nikkei Asian Review. Retrieved 13 September 2017.
  2. "Tos Chirathivat". Business of Fashion. Retrieved 15 October 2014.
  3. Reilly, Steve (8 April 2016). "Panama Papers: 1,000 secret Nevada firms, 2 overseas addresses". USA Today. Retrieved 8 April 2016.
  4. "Tos Chirathivat". Bloomberg Businessweek. Retrieved 15 October 2014.
  5. Rungfapaisarn, Kwanchai (25 December 2017). "Tos Chirathivat lauded for e-commerce initiatives". Nation Multimedia. Retrieved 18 December 2018.
  6. Gluckman, Ron (16 July 2014). "Tos Chirathivat Leads Thailand's Retail Empire Into New Markets Abroad". Forbes. Retrieved 15 October 2014.
  7. Ploy Ten, Kate (27 May 2011). "Thai Central Retail to acquire Italy's La Rinascente". Reuters. Retrieved 15 October 2014.
  8. Jitpleecheep, Pitsinee (11 March 2013). "Central buys Illum in Denmark". Bangkok Post. Retrieved 15 October 2014.
  9. Peel, Michael (20 August 2014). "Tos Chirathivat, Central Group: a balancing act in Bangkok". Financial Times. Retrieved 15 October 2014.


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