THE WHAT? Godrej Consumer Products has announced its CEO succession plan. Effective October 18, 2021, Sudhir Sitapati will join the Indian FMCG manufacturer as Managing Director and Chief Executive Officer.
THE DETAILS Current Chairperson and Managing Director Nisaba Godrej will continue to serve as Executive Chairperson.
Sitapati joins the firm from Hindustan Unilever, where he has enjoyed a career spanning 22 years, leading teams across categories and functions in India, Europe, South East Asia and Africa – most recently as Executive Director – Foods and Refreshments.
“It is an honour to have the opportunity to lead a company like GCPL and I am thankful to the Board for the confidence that they have reposed in me,” said Sitapati. “I am very inspired by the legacy of the Godrej Group, and GCPL’s purpose of bringing the goodness of health and beauty to consumers across emerging markets. I am excited about working closely with the talented GCPL team to build on the incredible work they are doing and create sustainable, long-term value for our company.”
THE WHY? Commenting on Sudhir’s appointment, Nisaba Godrej said: “I am delighted to be welcoming Sudhir to Godrej. His significant experience and passion for building sustainable and profitable brands and businesses aligns very strongly with our purpose at GCPL. Sudhir’s values-based leadership style also makes him a great fit with the Godrej culture. I look forward to his partnership in unlocking the amazing potential of our company and leading its next phase of growth.”