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Sameer Khetarpal assumes charge as CEO -; MD of Jubilant Foodworks; stock zooms ~3%

6 Sep 2022 , 09:18 AM

Jubilant FoodWorks Limited, India’s largest food service company, announced the appointment of Sameer Khetarpal as its new Chief Executive Officer (CEO) and Managing Director. His appointment also received the shareholders’ approval at the Company’s 27th Annual General Meeting on August 30, 2022.

During his 25-year career, Sameer has held various senior leadership positions in industries such as e-commerce and management consulting and joins Jubilant from Amazon.

He has created, established, and expanded several businesses at Amazon over the previous 6.5 years, including Amazon Fresh, Amazon Food, and Amazon Pharmacy.

He has established these businesses with world-class supply chain infrastructure, strong technological integration, and a number of inorganic investments and collaborations.

Prior to joining Amazon, he was a Partner at McKinsey and Company, where he advised various high-tech clients on business development and transformation issues, and was crucial in developing data-driven service lines utilised by multiple Fortune 500 companies.

Prior to this, Sameer was associated with GE Capital and Hindustan Unilever. 

At around 9.22 AM, Jubilant Foodworks was trading at Rs616 up by 2.88% from its previous closing of Rs598.75 on the BSE.

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