Malo Le Masson resigns after six years at Hero MotoCorp, CFO Niranjan Gupta to head Strategy and M&A
New changes at the helm see Niranjan Gupta being given additional charge of heading Strategy and M&A while executive director Vikram Kasbekar is to head Global Product Planning. Malo Le Masson, Head of Strategy, M&A & Global Product Planning resigns after a six-year stint.
Hero MotoCorp has announced a reorganisation in its leadership team and roles. Niranjan Gupta, currently Chief Financial Officer (CFO), has been given the additional charge of heading Strategy and M&A for the company.
This follows the resignation of Malo Le Masson, Head of Strategy, M&A & Global Product Planning (GPP), who has decided to move on and pursue opportunities outside of Hero MotoCorp, where he spent six years.
Niranjan has been the CFO for the past six years, ensuring strong financial shape and cash flows of the company and playing a key role in business decisions. He is also a director on the Board of many associate companies, including e-scooter OEM Ather Energy, HMCMM Auto (a JV for fuel injection systems) and HMCL Colombia.
Vikram Kasbekar, Executive Director on the Board of Hero MotoCorp, has been given the responsibility to head the key function of Global Product Planning as an interim charge. Vikram is also on the Board of HMCMM Auto and HNBL, Bangladesh.
Mike Clarke, Chief Operating Officer & Chief Human Resources Officer, Hero MotoCorp, said, “As we gear up to leverage the emerging opportunities and address the rapidly evolving business climate, it is our people who will continue to be the key differentiator in this environment of change and impact. In keeping with this philosophy, Niranjan and Vikram have been entrusted with additional strategic responsibilities. Both of them have an impeccable track record of delivering outstanding business results in highly competitive environment and their immense experience and expertise will surely contribute towards the company’s performance.”
“Malo has been instrumental in enriching our product portfolio and evolving this function. Needless to say, he is leaving his footprint in our future line-up, as the Company prepares to introduce a range of new scooters and motorcycles over the next 12 to 18 months. We wish the very best to Malo for his future endeavors. He will continue working with us until the end of December 2022,” said Mike Clarke.
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