Hero MotoCorp has announced the appointment of Niranjan Gupta as its new Chief Executive Officer (CEO) starting May 1, 2023. Gupta, who currently serves as the company’s Chief Financial Officer (CFO) and Head of Strategy and M&A, will be promoted to the new role.
The Board will retain Pawan Munjal as the Executive Chairman and a Whole-time Director.
During the last six years, Niranjan Gupta has been instrumental in maintaining the financial stability of the company amidst a highly competitive and constantly changing market. Additionally, he has played a significant role in establishing important collaborations with renowned global brands like Harley Davidson and Zero Motorcycles.
With a career spanning over 25 years, Niranjan Gupta has gained extensive leadership experience in various areas such as finance, mergers and acquisitions, supply chain, and strategy. He has held prominent positions in multiple industries, including Consumer Goods, Metals & Mining, and Automobiles.
Niranjan Gupta also holds Directorship positions on the Boards of Ather Energy, HMCL Colombia, and HMC MM Auto Private Limited. Before joining Hero MotoCorp, he worked for Vedanta Limited for three years and spent 20 years in various global roles at Unilever.
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