FMCG major Marico extends CEO Saugata Gupta's tenure for two years

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FMCG major Marico extends CEO Saugata Gupta's tenure for two years - Business Standard

Quick Summary:

"The Board of Directors of the Company at its meeting held on May 2, 2025, approved the reappointment of Saugata Gupta as the Managing Director & Chief Executive Officer for a further period of two years, from April 1, 2026 till March 31, 2028," Marico said in a statement.

Home-grown FMCG major Marico said it has extended the tenure of Managing Director & Chief Executive Officer Saugata Gupta by re-appointing him for next two years.

The board had also approved continuation of Directorship of Harsh Mariwala, Chairman and Founder of Marico, as a Non-Executive Director, based on recommendation of the Nomination and Remuneration Committee of the company.