New chiefs at Colgate, Jubilant need to get the shine, fast
Business

New chiefs at Colgate, Jubilant need to get the shine, fast

By Nick J Adam

While the nation’s largest oral care company, Colgate-Palmolive India, is roping in talent from its competitor; the top foodservice company, Jubilant Foodworks, is seeing its incumbent CEO step down after a five-year stint.

Synopsis

While the nation’s largest oral care company, Colgate-Palmolive India, is roping in talent from its competitor; the top foodservice company, Jubilant Foodworks, is seeing its incumbent CEO step down after a five-year stint. Prabha Narasimhan of Hindustan Unilever has been named to join Colgate India as CEO and managing director. She will take over at the helm of the MNC at a critical time.

ET Intelligence Group: Changes to the top management often beget stock re-ratings. Two consumer companies announced a change to their CEOs last week, prompting investors to take note.

While the nation’s largest oral care company, Colgate-Palmolive India, is roping in talent from its competitor; the top foodservice company, Jubilant Foodworks, is seeing its incumbent CEO step down after a five-year stint.

Prabha Narasimhan of Hindustan Unilever

BY

ET Bureau

4 mins read, Last Updated:

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Nick J Adam 105178 posts