๐ CEO quits Godrej days after shareholders greenlight reappointment
Sudhir Sitapati resigned as MD and CEO of Godrej Consumer Products Ltd (GCPL) shortly after shareholders approved his five-year reappointment. The company subsequently named Aasif Malbari as the new MD and CEO, with the transition confirmed by the 10-member board. Malbari will lead GCPL for a five-year term starting on 12 August 2026, while Vishal Kedia takes over as interim CFO. Sitapati stated he felt his set tasks were complete and it was time to move on from the company. This shift occurs amidst broader leadership changes within the Godrej Group.