Payungsak Chartsutthipol insisted on Tuesday that he remains in charge of the Federation of Thai Industries (FTI), despite a vote by committee members to sack him on Monday.
Te FTI's scheduled monthly meeting on Monday was attended by 182 of the total 348 committee members, and 139 voted to remove Mr Payungsak from the post of the chairman of the country's largest private sector group, citing his failure to ask the government to delay the minimum wage hike to 300 baht nationwide on Jan 1.
The members in attendance selected former chairman Santi Vilassakdanont to return to the FTI as chairman. Mr Santi, an executive of the consumer giant Saha Group, was the FTI head before Mr Payungsak, whose current second term ends in March 2014.
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