13 October 2018 Current Affairs:
Amway appointed Milind Pant as its CEO. Mr.Pant joins Amway, which has a revenue of $8.6 billion. Mr.Pant joins Amway from Yum! Brands where he was recently president of Pizza Hut International. He will be reporting directly to Amway's board of directors and will also hold a seat on the board on effective January 2, 2019.
Steve Van Andel, Amway Chairman, and Doug DeVos, Amway's President, will move to Amway's Board of Directors where they will serve as co-chairs. This is a new position for Amway, a business that has been family run since its beginning in 1959.