Mumbai, Aug. 12 -- The board of Godrej Consumer Products Ltd (GCPL) had not discussed the leadership transition when it granted its outgoing chief executive officer (CEO) a fresh five-year term, its chairperson Nisaba Godrej told investors during a call on Tuesday evening, hours after the company announced Sudhir Sitapati's sudden and immediate exit from the company.

While neither the outgoing CEO nor the company have disclosed the reason for the exit, the public commentary from both Nisaba Godrej and Sitapati hint at underlying discord.

Asked to evaluate Sitapati's tenure on Tuesday's investor call, Godrej called him one of the smartest people she's worked with and highlighted various achievements during his tenure. But she was also ca...