New Delhi (India), 31st March 2023: Niranjan Gupta has been named CEO of Hero Motocorp, a manufacturer of motorcycles and scooters. The nomination of Gupta will start on May 1st, 2023. He has been promoted from his previous roles as Head of Strategy and M&A and Chief Financial Officer (CFO).
According to an exchange report, Niranjan has been essential to Hero Motocorp’s collaborations with well-known companies like Harley Davidson and Zero Motorcycles.
The filing announcing the appointment read, “Over the past six years, Niranjan has more than 25 years of rich leadership experience in finance, mergers & acquisition, supply chain and strategy roles across business sectors including consumer goods, metals and mining, and automobiles.”
In addition, Gupta holds director positions with Ather Energy, HMCL Colombia, and HMC MM Auto Private Limited. Before joining Hero MotoCorp, he also worked for Vedanta for three years and Unilever for 20 years, working all over the globe.
Hero MotoCorp Executive Chairman and Whole-Time Director Dr. Pawan Munjal said in response to Gupta’s appointment as CEO, “His elevation to the role of CEO is a testimony to the robust succession planning process we have put in place within the company. The Board looks forward to his contribution in realising the full potential of Hero MotoCorp as a winning business which delivers long-term growth and value for all its stakeholders.”
