Mumbai, Sept. 8 -- Following Chitale's appointment, Vikram Kasbekar will step down from his role as Acting CEO. However, he will continue to serve on the company's board as executive director and chief technology officer.

Chitale brings over 30 years of global leadership experience spanning B2B and B2C sectors, with a strong track record in industrial automation, lighting, IT services, and digital transformation. He has led several publicly listed and multinational corporations across India, the US, and Europe, driving growth, profitability, and organizational renewal.

Most recently, he served as Global CEO of Signify's €4 billion Professional Business, where he led 12,000 employees across 70 countries and spearheading manufacturi...