Home-grown FMCG major Marico Ltd. has announced the extension of Saugata Gupta's tenure as Managing Director and Chief Executive Officer for an additional two years. The reappointment, approved at the company&rsquo;s Board meeting held on May 2, 2025, will be effective from April 1, 2026, to March 31, 2028, according to an official statement.
The board also approved the continuation of Harsh Mariwala, Chairman and Founder of Marico, as a Non-Executive Director, based on the recommendation of the Nomination and Remuneration Committee.
Gupta, who joined Marico in 2004 as Head of Marketing, was promoted to CEO of the India business in 2007. He has been serving as Managing Director and CEO of the company since 2014.
Marico is known for its portfolio of popular consumer brands, including Saffola, Parachute, and Livon.
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Source : Business-standard

Home-grown FMCG major Marico Ltd. has announced the extension of Saugata Gupta's tenure as Managing Director and Chief Executive Officer for an additional two years

Marico Extends Tenure of MD & CEO Saugata Gupta for Two More Years