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Britannia Names Rajneet Kohli As CEO


will report back to Managing Director Varun Berry.

BENGALURU:

Industries, the maker of the favored Good Day and Tiger biscuits, mentioned on Friday it has appointed Rajneet Kohli as its chief govt officer, efficient Sept. 26.

 Mr Kohli is presently president and chief enterprise officer at Domino’s , run by meals service firm Jubilant FoodWorks. He had additionally held senior management roles in Asian Paints Ltd and Coca-Cola Co.

His appointment to what’s reportedly a newly created CEO function at Britannia comes at a time when the is grappling with margin issues amid hovering .

Britannia reported a 13.4% fall in June-quarter revenue in August, lacking analyst estimates, as bills jumped.

Mr Kohli will report back to Managing Director Varun Berry, who was additionally given the function of vice chairman.

“Rajneet’s confirmed observe file of scaling up companies and constructing extremely engaged groups makes him an ideal match for the group,” Berry mentioned in an announcement.

Britannia, over 100 years previous, is current in additional than 80 nations throughout North America, Europe, Africa, Southeast Asia and the Center East. The family identify additionally make truffles, bread and dairy merchandise.

(Aside from the headline, this story has not been edited by Dailynews369 workers and is printed from a syndicated feed.)

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