Nisaba Godrej to take over the role of MD and CEO

Nisaba Godrej

Highlights :

Nisaba Godrej to take over the role of MD and CEO at Godrej Consumer Products Limited (GCPL)
Due to the resignation of Vivek Gambhir
First time in GCPL history, CEO and MD from promoters family.

Nisaba Godrej to take over the role of MD and

CEO at Godrej Consumer Products Limited due to the resignation of Vivek Gambhir, who resigned from some personal reasons.

This is the first time in the company history when the post of MD and CEO will be held by the member from the promoters family.

Nisaba is currently the executive chairman of the company and will take the additional responsibilities with effect from July 1,2020.

Experts say that this move may be negative in the sense that a Professional MD is being replaced by a Promotor.

About Godrej Consumer Products Ltd:

Godrej Consumer Products Limited is an Indian consumer goods company based in Mumbai, India.

It was founded in 2001 and it is a public company. It's parent company is Godrej Groups.

The consumer products business was part of the erstwhile Godrej Soap Limited ( GSL ) and was demerged into Godrej Consumer Products Limited in April, 2001.

About Godrej Consumer Products Limited : Godrej Consumer Products Limited is an Indian consumer goods company based in Mumbai, India. It was founded in 2001 and it is a public company. It's parent company is Godrej Groups. The consumer products business was part of the erstwhile Godrej Soap Limited ( GSL ) and was demerged into Godrej Consumer Products Limited in April, 2001.

GCPL

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