Ranjeet Kohli as CEO, Varun Berry as MD for Britannia

Ranjeet Kohli has been recently elected as the new CEO, on the other hand, Varun Berry has been selected as the new executive Vice-Chairman and Managing Director of Britannia.

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Ranjeet Kohli has been named as the executive director and chief executive officer of Britannia Industries, the company that makes the well-known Good Day and Tiger biscuits. Varun Berry has been promoted to Executive Vice-Chairman and Managing Director, the business recently revealed. According to a BSE filing by the Britannia industries, Kohli will assume the post on September 26, 2022, and will report to Varun Berry.

“As one of India’s leading food companies with over a 100-year legacy, Britannia has an exceptional track record of innovation and serving consumers with exemplary standards. I feel privileged and am truly excited for what lies ahead of us at Britannia”. Ranjeet Kohli said in a statement released after the appointment.

On the other hand, Varun Berry said, “I am delighted to welcome Rajneet to Britannia. His experience in building high-performance businesses and profitable brands is strongly aligned with our vision of becoming a Responsible Global Total Foods Company. Ranjeet’s proven track record of scaling up businesses and building highly engaged teams makes him a perfect fit for the Organization. I look forward to partnering with Rajneet to lead us to the next phase of growth,” he further added.

As expenditures increased, Britannia reported a 13.4 per cent decline in June-quarter earnings in August, below analyst expectations. Britannia is a 100-year-old which is present in several continents Africa, North America, Europe, etc.

(With Inputs from Reuters)