Vivek Gambhir has recently resigned from his position of Managing Director and Chief Executive Officer at Godrej Consumer. He will step down from both of his positions on June 30. Nisaba Godrej is appointed as the new CEO and MD in his place and she will officially be holding these roles in the company from July 1.
Nisaba Godrej is currently serving as the Executive Chairperson of Godrej Consumer Products Limited (GCPL). She is also the chairperson of NPO – Teach for India and is placed on-board of Godrej Agrovet and VIP Industries.
Gambhir has cited personal reasons for stepping back from both of his positions. Though, he will continue to be on the company’s board as a whole-time director till September 30.
He said, “After 11 fulfilling and wonderful years with Godrej, it is time for me to move on to chart the next phase of my journey. For the past many years, I have been living away from my family and seeing them only on weekends. Recently, I had some health problems that made me think more deeply about my lifestyle. Thankfully, I have fully recovered. I would now like to be able to spend more time with my family”.
Nisaba on her being appointed for the positions said, “I would like to thank the Board for reposing their confidence in me. Humanity is going through difficult times right now and GCPL is committed to doing whatever is necessary to serve its stakeholders and community. I look forward to working closely with our talented team to drive our company ahead with clarity, hard work, kindness and a strong sense of purpose, to emerge stronger on the other side”.