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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Those willfully defaulting on loans should be blacklisted by Sebi

    As reported by this newspaper’s Monday edition, the Securities and Exchange Board of India (Sebi) has found merit in the Reserve Bank of India’s s

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Kickstarting technological innovation

One of the key dimensions of global competitiveness is the ...

Kuruvilla Pandikattu SJ

Developing moral, spiritual capacity

Writing in The Huffington Post, Noam Chomsky, professor emeritus, MIT ...

Gautam Gupta

Manufacturing must keep workers’ welfare in mind

It may be early days yet, but the labour reforms ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture