The board of directors of Marico Ltd, a leading consumer products company in the beauty and wellness space, today, approved the appointment of Saugata Gupta, CEO, Marico, as Managing Director and CEO.
Saugata Gupta will be inducted into the company’s board effective April 1, 2014. Harsh Mariwala will continue as Chairman, Marico Ltd. The above changes are subject to approval by the shareholders at the ensuing annual general meeting of the company.
Read the Hindu Business Line news report here.