Saugata Gupta chief executive officer (CEO) of Marico on 25 March 2014 was promoted as Managing Director (MD). Harsh Mariwala will step down from the post of MD and will remain Chairman of the company.
Saugata Gupta had joined Marico in 2004 as head of marketing. Soon, he became CEO of the India business in 2007. In April 2013, he was given additional responsibility of the international business.
Marico is 4583 crore rupees Mumbai based consumer Products Company providing consumer products and services in the areas of Health and Beauty.
The organisation holds a number of brands including Parachute, Saffola, Hair&Care, Nihar, Mediker, Revive, Manjal, Kaya Skin Clinic, Livon, Set Wet, Zatak, Fiancee, HairCode, Eclipse, Xmen, Hercules, Caivil, Code 78 and Black Chic.
When: 25 March 2014