Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 10 2017

GCPL announces Nisaba Godrej as its Executive Chairperson

Chairman Adi Godrej will assume the chairman emeritus position at GCPL while Vivek Gambhir will continue as managing director and CEO, the company said in a statement.

GCPL announces Nisaba Godrej as its Executive Chairperson

Godrej Consumer Products Limited (GCPL) has announced changes to its leadership team, effective May 10, 2017 where Nisaba Godrej, currently the executive director of the company, will become the executive chairperson.

Chairman Adi Godrej will assume the chairman emeritus position at GCPL while Vivek Gambhir will continue as managing director and CEO, the company said in a statement.

Nisaba Godrej's previous assignments within the Godrej Group have included the successful turnaround of Godrej Agrovet and the creation of a Group strategy function to oversee the Group’s portfolio, said the statement.

According to the company, Nisaba Godrej has been a key architect of GCPL’s strategy and transformation in the last decade. 

Over the last ten years, GCPL’s market capitalisation has increased twenty-fold from Rs 3,000 crore to Rs 60,000 crore. She has served on the GCPL board of directors since 2011.

Adi Godrej said, "It has been a privilege to serve as chairman during a period when we have delivered strong results and transformed the company. I am grateful to our board for their thoughtful and planned approach to executing our succession plan. 

The foundations of GCPL are extremely strong. This is an opportune time to transition to a new Chairperson, who will lead the company in its next phase of growth. I feel very confident that Nisa will be an outstanding executive chairperson."

HE further added, "Over the last decade, I have worked closely with her and seen her deliver tremendous results. 

She is an inspiring leader who will always uphold our values. I will continue to serve the GCPL Board and contribute in whatever way I can to GCPL’s success and long term growth."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Tea And Coffee Chain
    About Us: The Chai story was born in 2015, with the..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    ·         We are providing street food Panipuri autom..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • About Us: Buzzmeeh aims to remove all the hassle from the..
    Locations looking for expansion Uttar pradesh
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
  • Opticians/Eye Wear
    About Us: Lenskart looking for franchisees, a lifetime business opportunity for..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities