Dar Molayem, co-founder, president and CMO of TTU Corporation, formerly Tabletops Unlimited, is retiring. HomeWorld Business learned of the announcement in a statement made by Molayem.
Molayem, along with Hamid Ebrahimi, Massoud Tehrani, Mohsen Asgari and Javad Asgari, founded the casual tableware and kitchenware company, 36 years ago. In his statement, Molayem said he believes this is the right time in the company’s position and in his life to retire.
Molayem said, “We have built a strong company with great and capable people, built lasting retail relationships, and created and took part in unforgettable experiences too numerous to recall. I want to take this opportunity to thank all of our customers and business partners that I have had the good fortune to engage with during my tenure. Over the course of 36 years, you became more than our customers and business partners, you became my friends.”
HomeWorld Business contacted TTU and has not yet received additional details about the company’s next steps in light of Molayem’s retirement.