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Which company has appointed Niranjan Gupta as the new CEO with effect from May 1, 2023?
A)
Hero Motocorp
B)
Royal Enfield India
C)
Honda Motor Company
D)
TVS Motor Company

Correct Answer : Option (A) - Hero Motocorp


The country's largest two-wheeler manufacturer, Hero MotoCorp, 30th March 2023 appointed Niranjan Gupta as the new Chief Executive Officer (CEO), effective from May 1, 2023.

* He was earlier serving as the company's Chief Financial Officer (CFO) and Head - Strategy, and Mergers and Acquisitions (M&A).

* Pawan Munjal, who was earlier the CEO of Hero MotoCorp, will continue as Executive Chairman and Whole-Time Director on the company's Board.

* In an official statement, Hero MotoCorp said that over the past six years, Gupta has played a key role in shaping the financial health of the company by navigating it through a highly competitive and ever-evolving environment. "He has also played a significant role in forging key partnerships with global brands such as Harley Davidson and Zero Motorcycles," it added.

* Gupta has over 25 years of leadership experience in finance, M&A, supply chain and strategy roles across business sectors, including consumer goods, metals and mining, and automobiles. He also serves as a Director on the Board of Ather Energy, HMC MM Auto and HMCL Colombia.

* Our vision, mission and values will continue to be the guiding light towards building the next growth story, as we further consolidate our market leadership while delighting our customers and creating shareholder value.

Source : India Today

Published On : March 31, 2023
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