Consumer companies now have a new fix: MNC-fied CEOs
Budget with ET
Budget 2025 can position India as the world’s China Plus One hub with manufacturing prowess
Will India's robust GST kitty help Sitharaman stick to fiscal glide path?
Budget 2025’s starry aim: Does India need more funds to fuel its cosmic dreams?
A similar trend of roping in a CEO from an MNC was seen in the case of Tata Consumer Products, Godrej Consumer Products, Colgate-Palmolive India, Jubilant Foodworks, United Breweries and, more recently, Nestle India.
In April 2020, Ajoy Misra, a Tata Group veteran stepped down as the CEO and managing director of Tata Consumer Products to give way to Sunil D'Souza, who had worked in Pepsi and HUL. In 2021, Sudhir Sitapati, who has spent 22 years at HUL, was appointed MD and CEO of Godrej Consumer Products. Soon after, Colgate-Palmolive India appointed another HUL veteran, Prabha Narsimhan, as its MD and CEO in 2022.
Jubilant Foodworks roped in Sameer Khetarpal as its CEO in 2022. Khetarpal started his career at Unilever and came to Jubilant from Amazon. In 2023, United Breweries appointed Procter & Gamble veteran Vivek Gupta as its CEO. HUL veteran and former country manager of Amazon, Manish Tiwary, is going to be Nestle India's MD from end of July this year, succeeding company veteran Suresh Narayanan.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT
