P&G India has announced the appointment of Kumar Venkatasubramanian as CEO effective May 1, 2024. LV Vaidyanathan, current CEO, will leave the company to pursue other personal interests after 28 years of service.
Venkatasubramanian has played a pivotal role in P&G India’s growth trajectory in various roles in his career. Before moving to P&G Australia as its CEO, Venkatasubramanian was leading the sales function for P&G India, the company said in a statement.
Venkatasubramanian is an alumnus of IIM Calcutta and started his journey with P&G in the sales team in India, straight from campus in 2000. He has almost 24 years of experience, majority of it in India across different roles in the Sales function.
He is currently leading the P&G business in Australia and New Zealand as CEO where he has been responsible for steering the team to deliver record metrics, driven by category growth and strong retailer partnerships.
Venkatasubramanian is an advocate for Equality and Inclusion, and under his leadership, many programs were expanded to have significant impact on employees and community. This included P&G ANZ’s largest-ever corporate partnership with the Sydney Gay and Lesbian Mardi Gras, the statement added.
Meanwhile, shares of P&G on March 18 were trading 2.64 percent up at Rs 16,170.60 apiece on BSE around 1 pm.
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