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Britannia Names Rajneet Kohli As CEO


Rajneet Kohli will report back to Managing Director Varun Berry.

BENGALURU:

Britannia 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 India, 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 business is grappling with margin issues amid hovering inflation.

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 a press release.

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

(Apart from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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