German auto elements maker Schaeffler on Friday stated its board has accepted the re-appointment of Harsha Kadam because the Managing Director (MD) and CEO of its India arm for a interval of three years, efficient from October 1, 2024. Kadam, who joined Schaeffler India in 2018, was appointed because the MD and CEO of the corporate in October 2019 for a interval of 5 years. The re-appointment is topic to the corporate’s shareholders’ nod.
“The board of administrators has accepted the re-appointment of Harsha Kadam because the Managing Director & CEO of Schaeffler India Restricted for an additional three-year time period from October 1, 2024, to September 30, 2027,” stated Eranti Sumithasri, Chairperson & Impartial Director at Schaeffler India. Together with his strategic imaginative and prescient and management Kadam has efficiently steered the corporate in the previous few years. Sumithasri stated his re-appointment as MD & CEO for an additional time period signifies the corporate’s belief in his capabilities.
“We’re assured his continued management will drive Schaeffler India’s development and strengthen our place out there, she added.
With over three a long time of expertise in propelling companies in the direction of worthwhile development, Kadam’s experience spans throughout numerous domains together with gross sales, manufacturing, product design and improvement, and enterprise excellence, as per the corporate.
