Hero opts for an unorthodox strategy for its leadership reset
New Delhi, Aug. 26 -- Hero Motocorp Ltd, the country's biggest two-wheeler maker, added five new senior leaders over the last year, including a chief executive officer (CEO) from outside the two-wheeler industry. The new leadership changes are being seen in the industry as an attempt by the Delhi-based firm to reset.
The appointments mark Hero's biggest reset of its senior leadership since Pawan Munjal stepped down as CEO in May 2023 to become the executive chairman, as the company shifts its growth priorities towards electric vehicles and premium motorcycles.
Hero MotoCorp's new chief executive, Harshavardhan Chitale, joined from lighting solutions brand Signify in January after an 11-year stint at the firm, while the new strategy offi...
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