Britannia elevates Varun Berry as Managing Director

Tags: News
In a top level management change, FMCG firm Britannia Industries today appointed Varun Berry as the Manging Director (MD) of the company with effect from April 1.

Berry would be replacing Vinita Bali, who retires as MD of the company with effect from March 31, 2014, Britannia Industries said in a filing to the BSE.

"Bali will be retiring as scheduled as MD of the company with effect from the close of business on March 31, 2014 when she will also cease to be a director of the company," it added.

Further, the board of directors, which met today, has appointed Varun Berry as MD of the company with effect from April 1, 2014, the company said.

Bali would continue to serve on the boards of other Wadia group companies like Bombay Dyeing, Bombay Burmah Trading Corporation and Go Airlines, the company said.

She will also continue to be associated with the Britannia Nutrition Foundation, it added.

Bali had joined the company in 2005, while Berry had joined Britannia in January 2013 from PepsiCo as Chief Operating Officer and was made Executive Director in November 2013.

EDITORIAL OF THE DAY

  • Enhanced allocations are needed for research to ‘Make in India’ for India

    Even as India flaunts its ambitious ‘Make in India’ initiative from February 13, it spurs several questions.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

The importance of Indonesia

A few weeks ago, the wo­rld was shocked by a ...

Rajgopal Nidamboor

Try to awaken the archaeologist within

Our mind is far ahead of René Descartes’ famous maxim, ...

Bubbles Sabharwal

Social media versus real life

It’s amazing how social media brings out the best side ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture