Godrej Consumer - New Leadership Offers Scope For Transformative Change: Motilal Oswal
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Motilal Oswal Report
We view Sudhir Sitapati’s appointment as Managing Director and Chief Executive Officer of Godrej Consumer Products Ltd. as a potentially transformative event in the fortunes of the company.
He comes with impressive experience in heading Hindustan Unilever Ltd.'s food and refreshment business and as part of the senior management team in the detergents business, which have done very well under his tenure and where marketing campaigns in both segments have had a high value impact.
His appointment as MD and CEO for five years, as well has his relative young age (mid-40s), gives him adequate time to formulate and implement strategic changes.
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