News: Mars Wrigley India appoints Meghal Sheth as new Chief Financial Officer


Mars Wrigley India appoints Meghal Sheth as new Chief Financial Officer

As the CFO of Wrigley India, Meghal spearheaded the company's integration of the chocolate and confectionery businesses following the global merger with Mars.
Mars Wrigley India appoints Meghal Sheth as new Chief Financial Officer

Multinational food company Mars Wrigley has announced the appointment of Meghal Sheth as Chief Financial Officer for India. He will report to Kalpesh Parmar, General Manager (GM), Mars Wrigley, India.

In his new role as the CFO, Meghal Seth will utilise his expertise in managing volatile markets to open more avenues for the 111-year-old brand.

Kalpesh Parmar, Country GM, Mars Wrigley India, said," I’m delighted to welcome Meghal back into the India business after spending 4 years as Regional Finance Director managing  FP&A and Supply Finance for Global Emerging Markets region in MW segment. We are a purpose-led growth company with a dynamic and capable talent pool, and we are excited for Meghal to help define and enable our plans in India, as we continue to innovate and create products that our consumers love."

He also added that Meghal's experience of the business and culture of Mars along with strong regional experience around managing complex and volatile emerging markets and outstanding leadership qualities will be an invaluable addition to the team and wished him all the success in this new assignment.”

Meghal has been a seasoned leader in the FMCG industry since 2001. He started his career with Unilever where he worked in various capacities for thirteen years and rose to the position of Finance Director for APAC, Middle East, Africa, North America & UK& I. He then joined the erstwhile Wrigley India in 2015 as its Chief Financial Officer and spearheaded the seamless integration of the chocolate and confectionery businesses in India following the global merger with Mars.

During his Wrigley India CFO tenure, he co-piloted the management team toward building a strong portfolio of products. He also played multiple roles at the company such as interim General Manager (GM), Integration & Transformation Director and Regional Finance Director while stabilising the Indian market, ensuring delivery of business-as-usual during the time of transition into Mars Wrigley Confectionery. 

Meghal Sheth, CFO, Mars Wrigley India, "I feel super excited to join back Mars Wrigley India unit, which has not only been phenomenally successful in the past few years but also has the potential for significant growth for many years to come, driven by the Purpose of creating better moments for consumers, customers, associates and communities.  I feel privileged to serve Mars Wrigley India as CFO and partner Kalpesh & LT team in driving strong Value Creation through Quality Growth."  

Meghal will based in Gurgaon, Haryana.

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Topics: Leadership, Appointments, #Career

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