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Tuesday, October 15, 2024

Nestle India Chairman Suresh Narayanan to retire; Amazon’s Manish Tiwary to take over

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Nestle India’s Chairman and Managing Director Suresh Narayanan will retire from the company on July 31, 2025, according to a stock exchange filing on Monday. He will be succeeded by Manish Tiwary, currently the country leader at Amazon‘s e-commerce platform,͏͏ who͏͏ will͏͏ assume͏͏ the͏͏ role͏͏ of͏͏ Managing͏͏ Director͏͏ effective͏͏ August͏͏ 1,͏͏ 2025.

Narayanan͏͏ has͏͏ been͏͏ with͏͏ Nestle͏͏ for͏͏ more͏͏ than͏͏ 26͏͏ years.

Tiwary’s͏͏ Industry͏͏ Background:

Tiwary͏͏ brings͏͏ nearly͏͏ three͏͏ decades͏͏ of͏͏ experience͏͏ in͏͏ the͏͏ e-commerce͏͏ and͏͏ consumer͏͏ goods͏͏ sectors.͏͏ He͏͏ has͏͏ been͏͏ with͏͏ Amazon͏͏ India͏͏ since͏͏ 2016,͏͏ following͏͏ a͏͏ 20-year͏͏ tenure͏͏ at͏͏ Unilever.

Continue͏͏ Exploring:͏͏ Amazon India͏͏ Head͏͏ Manish Tiwary steps͏͏ down͏͏ after͏͏ eight͏͏ years

Tiwary͏͏ holds͏͏ an͏͏ MBA͏͏ from͏͏ IIM͏͏ Bangalore͏͏ and͏͏ currently͏͏ serves͏͏ as͏͏ a͏͏ director͏͏ at͏͏ Amazon͏͏ Digital͏͏ Services͏͏ Private͏͏ Limited͏͏ and͏͏ More͏͏ Consumer͏͏ Brands͏͏ Private͏͏ Limited.͏͏ According͏͏ to͏͏ the͏͏ stock͏͏ exchange͏͏ filing,͏͏ he͏͏ will͏͏ resign͏͏ from͏͏ his͏͏ directorship͏͏ on͏͏ October͏͏ 30,͏͏ 2024.

Narayanan,͏͏ who͏͏ took͏͏ over͏͏ as͏͏ Managing͏͏ Director͏͏ of͏͏ Nestle͏͏ India͏͏ in͏͏ 2015,͏͏ played͏͏ a͏͏ key͏͏ role͏͏ in͏͏ revitalising͏͏ the͏͏ company’s͏͏ flagship͏͏ instant͏͏ noodles͏͏ brand,͏͏ Maggi,͏͏ following͏͏ a͏͏ ban͏͏ imposed͏͏ by͏͏ the͏͏ food͏͏ safety͏͏ authority͏͏ FSSAI.

Continue͏͏ Exploring:͏͏ Nestle India sets͏͏ sights͏͏ on͏͏ 6͏͏ Million͏͏ touchpoints,͏͏ focusing͏͏ on͏͏ volume͏͏ growth

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