Mar 07, 2007, 03.17 PM | Source: Moneycontrol.com
Whirlpool appoints Anil Berera as Chief Financial Officer
Whirlpool of India has announced the appointment of Anil Berera as Chief Financial Officer who would be replacing Mr. R S Narayan.
Anil was earlier with Gillette India Limited as the Regional Finance Director – India and South Asia before moving on to Avon as Chief Financial Officer. In his new role at Whirlpool of India, Anil will be responsible for integrating and directing processes to support the overall business strategy in the country.
Speaking on Anil’s appointment, Mr. Arvind Uppal, Managing Director, Whirlpool of India, said, “Today, when Whirlpool is on its way to become the India’s No.1 choice in home appliances, we are very confident that appointment of Anil will add tremendous value to the organisation.”
With him, Anil brings the rich experience of 24 years across diverse industries in financial function and has worked with companies like Gillette India Limited, Beckton Dickinson and Pricewaterhouse Coopers. Anil is a Chartered Accountant
Outgoing CFO Mr. RS Narayan, who was with Whirlpool since December, 2003, prior to which he was with Star TV, is moving on to be a key part of a new start up venture.
‘Shankar made an important contribution to the India business at a critical juncture in our history and played a crucial role in leading the financial turnaround of our business” said Arvind Uppal, “While I am not happy to see him go, I do understand and appreciate his wish to explore his entrepreneurial spirit. I wish him and his family all the very best in their future endeavors,” he further added.
Sourced From: Corporate Voice|Weber Shandwick
Whirlpool stock price
On February 12, 2016, Whirlpool of India. closed at Rs 576.85, down Rs 23.85, or 3.97 percent. The 52-week high of the share was Rs 847.05 and the 52-week low was Rs 561.45.
The company's trailing 12-month (TTM) EPS was at Rs 18.51 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 31.16. The latest book value of the company is Rs 71.15 per share. At current value, the price-to-book value of the company is 8.11.